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Flag Germany / Bulgaria Flag

2020
Flag → Flag
Exports: $3.99B, Rnk 44 / 220

2020
Flag → Flag
Top Product: $261M, Cars

2020
Flag → Flag
Exports: $5.31B, Rnk 1 / 204

2020
Flag → Flag
Top Product: $620M, Precious Metal Ore

2020
Flag
Economic Complexity (ECI): ECI 1.88, Rnk 4 / 127

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

2020
Flag  
GDP: $3.85T, CURRENT US$
Rnk 4 / 204

2010-2020
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GDP GROWTH: 13.1%, CURRENT US$
Rnk 136 / 204

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

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

2020
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GDP PC : $46,253, CURRENT US$
Rnk 20 / 204

2010-2020
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GDP PC GROWTH: 11.3%, CURRENT US$
Rnk 110 / 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

About

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Germany-Bulgaria In 2020, Germany exported $3.99B to Bulgaria. The main products that Germany exported to Bulgaria are Cars ($261M), Packaged Medicaments ($169M), and Vaccines, blood, antisera, toxins and cultures ($93.8M). During the last 25 years the exports of Germany to Bulgaria have increased at an annualized rate of 6.19%, from $890M in 1995 to $3.99B in 2020.

In 2020, Germany exported services to Bulgaria worth $386M, with Transportation ($179M), Other business services ($122M), and Computer and information services ($59.4M) being the largest in terms of value.

Bulgaria-Germany In 2020, Bulgaria exported $5.31B to Germany. The main products that Bulgaria exported to Germany were Precious Metal Ore ($620M), Raw Copper ($391M), and Insulated Wire ($206M). During the last 25 years the exports of Bulgaria to Germany have increased at an annualized rate of 9.65%, from $530M in 1995 to $5.31B in 2020.

In 2020, Bulgaria exported services to Germany worth $995M, with Computer and information services ($343M), Transportation ($282M), and Travel ($174M) being the largest in terms of value.

Comparison In 2020,  Germany ranked 4 in the Economic Complexity Index (ECI 1.88), and 3 in total exports ($1.33T). That same year, Bulgaria ranked 41 in the Economic Complexity Index (ECI 0.52), and 59 in total exports ($33.2B).

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December, 2022

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Overview In December 2022, Germany exported €450M and imported €471M from Bulgaria, resulting in a negative trade balance of €21.1M. Between December 2021 and December 2022 the exports of Germany have increased by €95.8M (27%) from €354M to €450M, while imports increased by €78M (19.8%) from €393M to €471M.

Trade In December 2022, the top exports of Germany to Bulgaria were Pharmaceutical products (€27.4M), Machinery for electricity production, distribution (€23M), Motor cars and motor caravans (€22.3M), Electronic devices (€18.1M), and Plates and sheets of iron or... (€16.9M). In December 2022 the top imports of Germany from Bulgaria were Machinery for electricity production, distribution (€54.8M), Other raw materials inclusive waste (€51.2M), Copper and copper alloys, incl. waste,... (€48.2M), Oilseed and oleaginous fruits (€25.1M), and Measuring and automatical control instruments (€18.6M).

Origins In December 2022 the exports of Germany were mainly from North Rhine-Westphalia (€77.1M), Baden-Württemberg (€69.6M), Bavaria (€65.5M), Hesse (€21.5M), and Lower Saxony (€20.2M), while imports destinations were mainly Bavaria (€98.2M), Baden-Württemberg (€83.6M), Hamburg (€83.5M), North Rhine-Westphalia (€65.8M), and Lower Saxony (€46.3M).

Growth In December 2022, the increase in Germany's year-by-year exports to Bulgaria was explained primarily by an increase in product exports in Plates and sheets of iron or... (€14M or 475%), Pharmaceutical products (€8.02M or 41.5%), and Electronic devices (€4.19M or 30%). In December 2022, the increase in Germany's year-by-year imports  from Bulgaria was explained primarily by an increase in product imports  in [object Object], [object Object], and [object Object].

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Flow
Time Scale
Value

EXPORT GROWTH (December 2021 - December 2022): €95.8M, (27%)

IMPORT GROWTH (December 2021 - December 2022): €78M, (19.8%)

MAIN EXPORTER (December 2022): North Rhine-Westphalia, €77.1M

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

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

For full datasets download visit Bulk Download page.

Explore Bulgaria and Germany Data

Go to Bulk Download

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Germany exported $3.99B to Bulgaria. The main products exported from Germany to Bulgaria were Cars ($261M), Packaged Medicaments ($169M), and Vaccines, blood, antisera, toxins and cultures ($93.8M). During the last 25 years the exports of Germany to Bulgaria have increased at an annualized rate of 6.19%, from $890M in 1995 to $3.99B in 2020.

In 2020, Bulgaria exported $5.31B to Germany. The main products exported from Bulgaria to Germany were Precious Metal Ore ($620M), Raw Copper ($391M), and Insulated Wire ($206M). During the last 25 years the exports of Bulgaria to Germany have increased at an annualized rate of 9.65%, from $530M in 1995 to $5.31B in 2020.

Market Competitiveness

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Measure

Germany
Top Destination: United States, $116B

Bulgaria
Top Destination: Germany, $5.31B

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

In 2019, countries that imported more from Germany than Bulgaria were United States ($116B), China ($106B), and France ($101B).

In 2019, countries that imported more from Bulgaria than Germany were Namibia ($210M), Gibraltar ($116M), and Bahrain ($2.16M).

Comparative Advantage Germany - Bulgaria

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Flow
Scale

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

During 2020, Germany had a large net trade with Bulgaria in the exports of Machines ($1.31B), Transportation ($556M), and Chemical Products ($485M).

During 2020, Bulgaria had a large net trade with Germany in the exports of Machines ($1.43B), Metals ($840M), and Mineral Products ($638M).

Service Trade

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Bilateral Service Trade

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In 2020, Germany exported services to Bulgaria worth $386M, with Transportation ($179M), Other business services ($122M), and Computer and information services ($59.4M) being the largest in terms of value.

In 2020, Bulgaria exported services to Germany worth $995M, with Computer and information services ($343M), Transportation ($282M), and Travel ($174M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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

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