Bulgaria (BGR) and China (CHN) Trade | The Observatory of Economic Complexity

About

Bulgaria-China In 2022, Bulgaria exported $942M to China. The main products that Bulgaria exported to China are Other Vegetable Residues ($180M), Copper Ore ($165M), and Refined Copper ($141M). During the last 27 years the exports of Bulgaria to China have increased at an annualized rate of 15.8%, from $18M in 1995 to $942M in 2022.

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.

China-Bulgaria In 2022, China exported $3.34B to Bulgaria. The main products that China exported to Bulgaria were Semiconductor Devices ($229M), Bi-Wheel Vehicle Parts ($170M), and Air Conditioners ($112M). During the last 27 years the exports of China to Bulgaria have increased at an annualized rate of 18.7%, from $32.4M in 1995 to $3.34B in 2022.

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

Comparison In 2022, Bulgaria ranked 37 in the Economic Complexity Index (ECI 0.66), and 60 in total exports ($51.9B). That same year, China ranked 24 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bulgaria exported $942M to China. The main products exported from Bulgaria to China were Other Vegetable Residues ($180M), Copper Ore ($165M), and Refined Copper ($141M). During the last 27 years the exports of Bulgaria to China have increased at an annualized rate of 15.8%, from $18M in 1995 to $942M in 2022.

In 2022, China exported $3.34B to Bulgaria. The main products exported from China to Bulgaria were Semiconductor Devices ($229M), Bi-Wheel Vehicle Parts ($170M), and Air Conditioners ($112M). During the last 27 years the exports of China to Bulgaria have increased at an annualized rate of 18.7%, from $32.4M in 1995 to $3.34B in 2022.

Exports from Bulgaria () to China () (2022)

Exports from China () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and China ()

Bulgaria Exports

Date

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bulgaria
Top DestinationGermany$6.91B

China
Top DestinationUnited States$551B

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

In 2021, countries that imported more from Bulgaria than China were Gibraltar ($552M), Saint Martin ($1.91M), and Bonaire ($37.2k).

In 2021, countries that imported more from China than Bulgaria were United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

Comparative Advantage Bulgaria - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bulgaria had a large net trade with China in the exports of Mineral Products ($231M), Foodstuffs ($185M), and Metals ($176M).

During 2022, China had a large net trade with Bulgaria in the exports of Machines ($1.4B), Miscellaneous ($333M), and Textiles ($253M).

Service Trade

Bilateral Service Trade

Bgr Year

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.

Services Exports from Bulgaria () to China () (2020)

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bulgaria () to China () (2022)

Exports from China () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and China ()

Bulgaria Exports

China Exports

Market Competitiveness

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

Comparative Advantage Bulgaria - China

Service Trade

Bilateral Service Trade

Services Exports from Bulgaria () to China () (2020)

Economic Complexity

Competitive Landscape

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

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