2022
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GDP
$89BCURRENT US$
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2012-2022
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GDP GROWTH
64%CURRENT US$
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2022
Flag
 GDP
$115BCURRENT US$
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2012-2022
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GDP GROWTH
22%CURRENT US$
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2022
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GDP PC 
$13,772CURRENT US$
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2012-2022
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GDP PC GROWTH
85.3%CURRENT US$
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2022
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GDP PC
$21,258CURRENT US$
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2012-2022
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GDP PC GROWTH
21.5%CURRENT US$
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About

Bulgaria-Slovakia In 2022, Bulgaria exported $476M to Slovakia. The main products that Bulgaria exported to Slovakia are Industrial Fatty Acids, Oils and Alcohols ($58.8M), Excavation Machinery ($58.8M), and Raw Zinc ($39.3M). During the last 27 years the exports of Bulgaria to Slovakia have increased at an annualized rate of 15.1%, from $10.7M in 1995 to $476M in 2022.

In 2020, Bulgaria exported services to Slovakia worth $36.2M, with Transportation ($14.5M), Computer and information services ($8.57M), and Travel ($5.37M) being the largest in terms of value.

Slovakia-Bulgaria In 2022, Slovakia exported $655M to Bulgaria. The main products that Slovakia exported to Bulgaria were Broadcasting Equipment ($173M), Video Displays ($68M), and Cars ($33.2M). During the last 27 years the exports of Slovakia to Bulgaria have increased at an annualized rate of 14.4%, from $17.3M in 1995 to $655M in 2022.

In 2020, Slovakia exported services to Bulgaria worth $28.4M, with Travel ($8.91M), Transportation ($7.31M), and Computer and information services ($4.68M) being the largest in terms of value.

Comparison In 2022,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B). That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $476M to Slovakia. The main products exported from Bulgaria to Slovakia were Industrial Fatty Acids, Oils and Alcohols ($58.8M), Excavation Machinery ($58.8M), and Raw Zinc ($39.3M). During the last 27 years the exports of Bulgaria to Slovakia have increased at an annualized rate of 15.1%, from $10.7M in 1995 to $476M in 2022.

In 2022, Slovakia exported $655M to Bulgaria. The main products exported from Slovakia to Bulgaria were Broadcasting Equipment ($173M), Video Displays ($68M), and Cars ($33.2M). During the last 27 years the exports of Slovakia to Bulgaria have increased at an annualized rate of 14.4%, from $17.3M in 1995 to $655M in 2022.

Exports from Bulgaria (Flag) to Slovakia (Flag) (2022)

Exports from Slovakia (Flag) to Bulgaria (Flag) (2022)

Latest Data

Trade between Bulgaria (Flag) and Slovakia (Flag)

Bulgaria Exports

Slovakia Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
Slovakia
Top Destination
Germany$22.2B

This map shows whether countries import more from Bulgaria or Slovakia. Each country is colored based on the difference in imports they receive from Bulgaria and Slovakia or the difference in the growth in imports.

In 2021, countries that imported more from Bulgaria than Slovakia were Romania ($6.55B), Greece ($2.93B), and Turkey ($2.95B).

In 2021, countries that imported more from Slovakia than Bulgaria were Germany ($22.2B), Czechia ($12.6B), and Hungary ($9.79B).

Difference in imports from Slovakia (Flag) and Bulgaria (Flag) (2022)

Comparative Advantage Bulgaria - Slovakia

Flow
Scale

This chart compares trade between Bulgaria and Slovakia by product, considering products traded by both, Bulgaria and Slovakia.

During 2022, Bulgaria had a large net trade with Slovakia in the exports of Machines ($151M), Metals ($101M), and Chemical Products ($68.6M).

During 2022, Slovakia had a large net trade with Bulgaria in the exports of Machines ($380M), Transportation ($53.5M), and Metals ($43.9M).

Service Trade

Bilateral Service Trade

In 2020, Bulgaria exported services to Slovakia worth $36.2M, with Transportation ($14.5M), Computer and information services ($8.57M), and Travel ($5.37M) being the largest in terms of value.

In 2020, Slovakia exported services to Bulgaria worth $28.4M, with Travel ($8.91M), Transportation ($7.31M), and Computer and information services ($4.68M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bulgaria (Flag) to Slovakia (Flag) (2020)

Services Exports from Slovakia (Flag) to Bulgaria (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Bulgaria has comparative advantage over Slovakia. Similarly, the more yellow a dot/product is, the more Slovakia has comparative advantage over Bulgaria.

Product Space of Bulgaria (Flag) and Slovakia (Flag) (2022)

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