Bermuda (BMU) and Bulgaria (BGR) Trade | The Observatory of Economic Complexity

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Bermuda-Bulgaria Trade: In 2022, Bermuda exported $53.1k to Bulgaria. The main products that Bermuda exported to Bulgaria were Railway Cargo Containers ($52.7k), Rubber Footwear ($275), and Knit Women's Suits ($90). Over the past 13 years the exports of Bermuda to Bulgaria have increased at an annualized rate of 35.5%, from $1.02k in 2009 to $53.1k in 2022.

In 2022, Bermuda did not export any services to Bulgaria.

Bulgaria-Bermuda Trade: In 2022, Bulgaria exported $2k to Bermuda. The main products that Bulgaria exported to Bermuda were Interior Decorative Glassware ($689), Non-Knit Women's Suits ($583), and Air Pumps ($390). Over the past 13 years the exports of Bulgaria to Bermuda have decreased at an annualized rate of 52.9%, from $86k in 2009 to $2k in 2022.

In 2022, Bulgaria did not export any services to Bermuda.

Comparison In 2022, Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index. That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bermuda exported $53.1k to Bulgaria. The main products exported from Bermuda to Bulgaria were Railway Cargo Containers ($52.7k), Rubber Footwear ($275), and Knit Women's Suits ($90). During the last 13 years the exports of Bermuda to Bulgaria have increased at an annualized rate of 35.5%, from $1.02k in 2009 to $53.1k in 2022.

In 2017, Bulgaria exported $2k to Bermuda. The main products exported from Bulgaria to Bermuda were Interior Decorative Glassware ($689), Non-Knit Women's Suits ($583), and Air Pumps ($390). During the last 5 years the exports of Bulgaria to Bermuda have decreased at an annualized rate of 52.9%, from $86k in 2022 to $2k in 2017.

Exports from Bermuda () to Bulgaria () (2022)

Exports from Bulgaria () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and Bulgaria ()

Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationZambia$17.5M

Bulgaria
Top DestinationGermany$6.91B

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

In 2022, countries that imported more from Bermuda than Bulgaria included Zambia ($17.5M), Angola ($7.13M), and Zimbabwe ($4.06M).

In 2022, countries that imported more from Bulgaria than Bermuda included Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

Difference in imports from Bulgaria () and Bermuda () (2022)

Comparative Advantage Bermuda - Bulgaria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bermuda had a large net trade with Bulgaria in the exports of Transportation ($52.7k), Footwear and Headwear ($303), and Textiles ($116).

During 2017, Bulgaria had a large net trade with Bermuda in the exports of Stone And Glass ($689), Machines ($682), and Textiles ($583).

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 Bermuda and Bulgaria. This means that a dot/product with the flag of Bermuda indicates it has a comparative advantage over Bulgaria. Similarly, a dot/product with the flag of Bulgaria indicates it has a comparative advantage over Bermuda.

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Historical Data

Bilateral Trade by Products

Exports from Bermuda () to Bulgaria () (2022)

Exports from Bulgaria () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and Bulgaria ()

Bulgaria Exports

Market Competitiveness

Difference in imports from Bulgaria () and Bermuda () (2022)

Comparative Advantage Bermuda - Bulgaria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bermuda () and Bulgaria () (2022)

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