Flag China / Bulgaria Flag

2020
FlagFlag
Exports
: $1.78B, Rnk 95 / 209

2020
FlagFlag
Top Product
: $63.5M, Light Fixtures

2020
FlagFlag
Exports
: $1.21B, Rnk 7 / 204

2020
FlagFlag
Top Product
: $682M, Refined Copper

2020
Flag
Economic Complexity (ECI)
: ECI 0.96, Rnk 28 / 127

2020
Flag
Economic Complexity (ECI)
: ECI 0.52, Rnk 41 / 127

2020
Flag  
GDP
: $14.7T, CURRENT US$
Rnk 2 / 204

2010-2020
Flag
GDP GROWTH
: 141%, CURRENT US$
Rnk 5 / 204

2020
Flag
 GDP
: $69.9B, CURRENT US$
Rnk 73 / 204

2010-2020
Flag
GDP GROWTH
: 37.9%, CURRENT US$
Rnk 80 / 204

2020
Flag
GDP PC 
: $10,409, CURRENT US$
Rnk 77 / 204

2010-2020
Flag
GDP PC GROWTH
: 129%, CURRENT US$
Rnk 4 / 204

2020
Flag
GDP PC
: $10,079, CURRENT US$
Rnk 79 / 204

2010-2020
Flag
GDP PC GROWTH
: 47.1%, CURRENT US$
Rnk 33 / 204

China-Bulgaria In 2020, China exported $1.78B to Bulgaria. The main products that China exported to Bulgaria are Light Fixtures ($63.5M), Bi-Wheel Vehicle Parts ($62M), and Air Conditioners ($53.7M). During the last 25 years the exports of China to Bulgaria have increased at an annualized rate of 17.4%, from $32.4M in 1995 to $1.78B in 2020.

In 2020, China did not export any services to Bulgaria.

Bulgaria-China In 2020, Bulgaria exported $1.21B to China. The main products that Bulgaria exported to China were Refined Copper ($682M), Copper Ore ($96M), and Precious Metal Ore ($44.7M). During the last 25 years the exports of Bulgaria to China have increased at an annualized rate of 18.4%, from $17.9M in 1995 to $1.21B in 2020.

In 2020, Bulgaria exported services to China worth $18M, with Communications services ($6.17M), Transportation ($4.45M), and Computer and information services ($3.43M) being the largest in terms of value.

Comparison In 2020,  China ranked 28 in the Economic Complexity Index (ECI 0.96), and 1 in total exports ($2.65T). That same year, Bulgaria ranked 41 in the Economic Complexity Index (ECI 0.52), and 59 in total exports ($33.2B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2020, China exported $1.78B to Bulgaria. The main products exported from China to Bulgaria were Light Fixtures ($63.5M), Bi-Wheel Vehicle Parts ($62M), and Air Conditioners ($53.7M). During the last 25 years the exports of China to Bulgaria have increased at an annualized rate of 17.4%, from $32.4M in 1995 to $1.78B in 2020.

In 2020, Bulgaria exported $1.21B to China. The main products exported from Bulgaria to China were Refined Copper ($682M), Copper Ore ($96M), and Precious Metal Ore ($44.7M). During the last 25 years the exports of Bulgaria to China have increased at an annualized rate of 18.4%, from $17.9M in 1995 to $1.21B in 2020.

Market Competitiveness

#permalink to section
Measure

China
Top Destination
: United States, $438B

Bulgaria
Top Destination
: Germany, $5.31B

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

In 2019, countries that imported more from China than Bulgaria were United States ($438B), Hong Kong ($262B), and Japan ($151B).

In 2019, countries that imported more from Bulgaria than China were Gibraltar ($116M), Saint Martin ($1.01M), and Bonaire ($52.9k).

Comparative Advantage China - Bulgaria

#permalink to section
Flow
Scale

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

During 2020, China had a large net trade with Bulgaria in the exports of Machines ($716M), Miscellaneous ($200M), and Textiles ($163M).

During 2020, Bulgaria had a large net trade with China in the exports of Metals ($700M), Mineral Products ($182M), and Machines ($106M).

Bilateral Service Trade

#permalink to section

In 2020, Bulgaria exported services to China worth $18M, with Communications services ($6.17M), Transportation ($4.45M), and Computer and information services ($3.43M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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 China has comparative advantage over Bulgaria. Similarly, the more yellow a dot/product is, the more Bulgaria has comparative advantage over China.