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Pricing

2022
Flag → Flag
Exports $103MRnk 86 / 215
2022
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Top Product $33.6MCopper Ore
2022
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Exports $156MRnk 46 / 206
2022
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Top Product $24.8MSunflower Seeds
2022
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Economic Complexity (ECI) ECI 0.85Rnk 31 / 124
2022
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Economic Complexity (ECI) ECI 0.66Rnk 37 / 124
2022
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GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
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GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
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 GDP$89BCURRENT US$
Rnk 70 / 186
2012-2022
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GDP GROWTH64%CURRENT US$
Rnk 37 / 186
2022
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GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
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GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
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GDP PC$13,772CURRENT US$
Rnk 64 / 186
2012-2022
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GDP PC GROWTH85.3%CURRENT US$
Rnk 13 / 186

About

Canada-Bulgaria In 2022, Canada exported $103M to Bulgaria. The main products that Canada exported to Bulgaria are Copper Ore ($33.6M), Precipitated Copper ($30.6M), and Cars ($5.58M). During the last 27 years the exports of Canada to Bulgaria have increased at an annualized rate of 11.6%, from $5.31M in 1995 to $103M in 2022.

In 2020, Canada exported services to Bulgaria worth $1.49M, with Computer and information services ($746k) and Royalties and license fees ($746k) being the largest in terms of value.

Bulgaria-Canada In 2022, Bulgaria exported $156M to Canada. The main products that Bulgaria exported to Canada were Sunflower Seeds ($24.8M), Copper Plating ($10.9M), and Medical Instruments ($10.1M). During the last 27 years the exports of Bulgaria to Canada have increased at an annualized rate of 5.62%, from $35.8M in 1995 to $156M in 2022.

In 2020, Bulgaria exported services to Canada worth $41.2M, with Computer and information services ($17.7M), Transportation ($12.7M), and Other business services ($4.45M) being the largest in terms of value.

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.85), and 9 in total exports ($587B). That same year, Bulgaria ranked 37 in the Economic Complexity Index (ECI 0.66), and 60 in total exports ($51.9B).

Latest Trends

January, 2024

About

Overview In January 2024, Canada exported C$7.94M and imported C$51.9M from Bulgaria, resulting in a negative trade balance of C$43.9M. Between January 2023 and January 2024 the exports of Canada have increased by C$4.63M (140%) from C$3.31M to C$7.94M, while imports increased by C$32.2M (164%) from C$19.7M to C$51.9M.

Trade In January 2024, the top exports of Canada to Bulgaria were Precipitated Copper (C$1.33M), Other Edible Preparations (C$428k), Dried Legumes (C$413k), Audio Alarms (C$274k), and Cars (C$246k). In January 2024 the top imports of Canada from Bulgaria were Sunflower Seeds (C$2.24M), Copper Plating (C$1.59M), Other Engines (C$946k), Packaged Medicaments (C$788k), and Non-Knit Women's Suits (C$766k).

Origins In January 2024 the exports of Canada were mainly from Ontario (C$5.75M), Quebec (C$944k), British Columbia (C$570k), Nova Scotia (C$183k), and Newfoundland Labrador (C$183k), while imports destinations were mainly Quebec (C$38.7M), Ontario (C$10.1M), Manitoba (C$1.43M), British Columbia (C$763k), and New Brunswick (C$416k).

Growth In January 2024, the increase in Canada's year-by-year exports to Bulgaria was explained primarily by an increase in product exports in Other Electrical Machinery (C$75.6k or 109%), Audio Alarms (C$54.9k or 25%), and Excavation Machinery (C$18.1k or 123%). In January 2024, the increase in Canada's year-by-year imports  from Bulgaria was explained primarily by an increase in product imports  in Copper Plating (C$1.26M or 377%), Packaged Medicaments (C$520k or 195%), and Trunks and Cases (C$519k or 921%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)C$4.63M(140%)
IMPORT GROWTH (January 2023 - January 2024)C$32.2M(164%)
MAIN EXPORTER (January 2024)OntarioC$5.75M

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Bulgaria and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $103M to Bulgaria. The main products exported from Canada to Bulgaria were Copper Ore ($33.6M), Precipitated Copper ($30.6M), and Cars ($5.58M). During the last 27 years the exports of Canada to Bulgaria have increased at an annualized rate of 11.6%, from $5.31M in 1995 to $103M in 2022.

In 2022, Bulgaria exported $156M to Canada. The main products exported from Bulgaria to Canada were Sunflower Seeds ($24.8M), Copper Plating ($10.9M), and Medical Instruments ($10.1M). During the last 27 years the exports of Bulgaria to Canada have increased at an annualized rate of 5.62%, from $35.8M in 1995 to $156M in 2022.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Bulgaria
Top DestinationGermany$6.91B

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

In 2021, countries that imported more from Canada than Bulgaria were United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2021, countries that imported more from Bulgaria than Canada were Romania ($6.55B), Greece ($2.93B), and Germany ($6.91B).

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

Comparative Advantage Canada - Bulgaria

Flow
Scale

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

During 2022, Canada had a large net trade with Bulgaria in the exports of Mineral Products ($33.6M), Metals ($31.1M), and Machines ($10.2M).

During 2022, Bulgaria had a large net trade with Canada in the exports of Machines ($34.5M), Vegetable Products ($28.9M), and Textiles ($21.8M).

Service Trade

Bilateral Service Trade

In 2020, Canada exported services to Bulgaria worth $1.49M, with Computer and information services ($746k) and Royalties and license fees ($746k) being the largest in terms of value.

In 2020, Bulgaria exported services to Canada worth $41.2M, with Computer and information services ($17.7M), Transportation ($12.7M), and Other business services ($4.45M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Bulgaria (Flag) to Canada (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 Canada has comparative advantage over Bulgaria. Similarly, the more yellow a dot/product is, the more Bulgaria has comparative advantage over Canada.

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

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