2022
Flag  
GDP
$808BCURRENT US$
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2012-2022
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GDP GROWTH
17.7%CURRENT US$
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2022
Flag
 GDP
$89BCURRENT US$
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2012-2022
Flag
GDP GROWTH
64%CURRENT US$
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2022
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GDP PC 
$92,101CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
7.3%CURRENT US$
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2022
Flag
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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About

Switzerland-Bulgaria In 2022, Switzerland exported $489M to Bulgaria. The main products that Switzerland exported to Bulgaria are Packaged Medicaments ($109M), Vaccines, blood, antisera, toxins and cultures ($92.9M), and Planes, Helicopters, and/or Spacecraft ($27.4M). During the last 27 years the exports of Switzerland to Bulgaria have increased at an annualized rate of 6.55%, from $88.3M in 1995 to $489M in 2022.

In 2019, Switzerland exported services to Bulgaria worth $74.4M, with Royalties and license fees ($32.2M), Financial services ($18.4M), and Computer and information services ($8.17M) being the largest in terms of value.

Bulgaria-Switzerland In 2022, Bulgaria exported $418M to Switzerland. The main products that Bulgaria exported to Switzerland were High-voltage Protection Equipment ($53M), Low-voltage Protection Equipment ($24.9M), and Packaged Medicaments ($19.5M). During the last 27 years the exports of Bulgaria to Switzerland have increased at an annualized rate of 13.2%, from $14.6M in 1995 to $418M in 2022.

In 2020, Bulgaria exported services to Switzerland worth $225M, with Computer and information services ($93.1M), Other business services ($63M), and Communications services ($29M) being the largest in terms of value.

Comparison In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.85), and 17 in total exports ($402B). That same year, Bulgaria ranked 37 in the Economic Complexity Index (ECI 0.66), and 60 in total exports ($51.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $489M to Bulgaria. The main products exported from Switzerland to Bulgaria were Packaged Medicaments ($109M), Vaccines, blood, antisera, toxins and cultures ($92.9M), and Planes, Helicopters, and/or Spacecraft ($27.4M). During the last 27 years the exports of Switzerland to Bulgaria have increased at an annualized rate of 6.55%, from $88.3M in 1995 to $489M in 2022.

In 2022, Bulgaria exported $418M to Switzerland. The main products exported from Bulgaria to Switzerland were High-voltage Protection Equipment ($53M), Low-voltage Protection Equipment ($24.9M), and Packaged Medicaments ($19.5M). During the last 27 years the exports of Bulgaria to Switzerland have increased at an annualized rate of 13.2%, from $14.6M in 1995 to $418M in 2022.

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

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

Latest Data

Trade between Switzerland (Flag) and Bulgaria (Flag)

Switzerland Exports

Bulgaria Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Bulgaria
Top Destination
Germany$6.91B

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

In 2021, countries that imported more from Switzerland than Bulgaria were United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2021, countries that imported more from Bulgaria than Switzerland were Romania ($6.55B), Greece ($2.93B), and North Macedonia ($780M).

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

Comparative Advantage Switzerland - Bulgaria

Flow
Scale

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

During 2022, Switzerland had a large net trade with Bulgaria in the exports of Chemical Products ($227M), Machines ($86.4M), and Transportation ($59.5M).

During 2022, Bulgaria had a large net trade with Switzerland in the exports of Machines ($189M), Textiles ($67.5M), and Metals ($37.8M).

Service Trade

Bilateral Service Trade

In 2019, Switzerland exported services to Bulgaria worth $74.4M, with Royalties and license fees ($32.2M), Financial services ($18.4M), and Computer and information services ($8.17M) being the largest in terms of value.

In 2020, Bulgaria exported services to Switzerland worth $225M, with Computer and information services ($93.1M), Other business services ($63M), and Communications services ($29M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Switzerland (Flag) to Bulgaria (Flag) (2019)

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

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

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