Bulgaria (BGR) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

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Bulgaria-Chinese Taipei Trade: In 2022, Bulgaria exported $64.2M to Chinese Taipei. The main products that Bulgaria exported to Chinese Taipei were Electric Batteries ($15.2M), Packaged Medicaments ($5.81M), and Refined Copper ($4.86M). Over the past 5 years the exports of Bulgaria to Chinese Taipei have increased at an annualized rate of 8.74%, from $42.3M in 2017 to $64.2M in 2022.

In 2022, Bulgaria did not export any services to Chinese Taipei.

Chinese Taipei-Bulgaria Trade: In 2022, Chinese Taipei exported $249M to Bulgaria. The main products that Chinese Taipei exported to Bulgaria were Bi-Wheel Vehicle Parts ($89.7M), Integrated Circuits ($32M), and Office Machine Parts ($11.2M). Over the past 5 years the exports of Chinese Taipei to Bulgaria have increased at an annualized rate of 16.1%, from $118M in 2017 to $249M in 2022.

In 2022, Chinese Taipei did not export any services to Bulgaria.

Comparison: In 2022, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B). That same year, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bulgaria exported $64.2M to Chinese Taipei. The main products exported from Bulgaria to Chinese Taipei were Electric Batteries ($15.2M), Packaged Medicaments ($5.81M), and Refined Copper ($4.86M). During the last 5 years the exports of Bulgaria to Chinese Taipei have increased at an annualized rate of 8.74%, from $42.3M in 2017 to $64.2M in 2022.

In 2017, Chinese Taipei exported $249M to Bulgaria. The main products exported from Chinese Taipei to Bulgaria were Bi-Wheel Vehicle Parts ($89.7M), Integrated Circuits ($32M), and Office Machine Parts ($11.2M). During the last 5 years the exports of Chinese Taipei to Bulgaria have increased at an annualized rate of 16.1%, from $118M in 2022 to $249M in 2017.

Exports from Bulgaria () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Bulgaria () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bulgaria
Top DestinationGermany$6.91B

Chinese Taipei
Top DestinationChina$121B

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

In 2022, countries that imported more from Bulgaria than Chinese Taipei included Romania ($6.55B), Greece ($2.93B), and Serbia ($1.29B).

In 2022, countries that imported more from Chinese Taipei than Bulgaria included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei () and Bulgaria () (2022)

Comparative Advantage Bulgaria - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bulgaria had a large net trade with Chinese Taipei in the exports of Machines ($23.9M), Metals ($9.89M), and Chemical Products ($8.76M).

During 2017, Chinese Taipei had a large net trade with Bulgaria in the exports of Machines ($117M), Transportation ($90.4M), and Metals ($17.8M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Bulgaria and Chinese Taipei. This means that a dot/product with the flag of Bulgaria indicates it has a comparative advantage over Chinese Taipei. Similarly, a dot/product with the flag of Chinese Taipei indicates it has a comparative advantage over Bulgaria.

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Historical Data

Bilateral Trade by Products

Exports from Bulgaria () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Bulgaria () (2022)

Market Competitiveness

Difference in imports from Chinese Taipei () and Bulgaria () (2022)

Comparative Advantage Bulgaria - Chinese Taipei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bulgaria () and Chinese Taipei () (2022)

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