2022
Flag  
GDP
$89BCURRENT US$
Rnk 70 / 186
2012-2022
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GDP GROWTH
64%CURRENT US$
Rnk 37 / 186
2022
Flag
 GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC 
$13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH
85.3%CURRENT US$
Rnk 13 / 186
2022
Flag
GDP PC
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186

About

Bulgaria-United Kingdom In 2022, Bulgaria exported $1.02B to United Kingdom. The main products that Bulgaria exported to United Kingdom are Sunflower Seeds ($63.9M), Packaged Medicaments ($38.7M), and Office Machine Parts ($35.9M). During the last 27 years the exports of Bulgaria to United Kingdom have increased at an annualized rate of 7.05%, from $163M in 1995 to $1.02B in 2022.

In 2020, Bulgaria exported services to United Kingdom worth $729M, with Computer and information services ($239M), Other business services ($239M), and Travel ($105M) being the largest in terms of value.

United Kingdom-Bulgaria In 2022, United Kingdom exported $425M to Bulgaria. The main products that United Kingdom exported to Bulgaria were Gas Turbines ($54M), Hard Liquor ($27.6M), and Large Construction Vehicles ($26.5M). During the last 27 years the exports of United Kingdom to Bulgaria have increased at an annualized rate of 3.92%, from $150M in 1995 to $425M in 2022.

In 2019, United Kingdom exported services to Bulgaria worth $417M, with Travel ($267M), Other business services ($57.4M), and Transportation ($56.1M) being the largest in terms of value.

Comparison In 2022,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $1.02B to United Kingdom. The main products exported from Bulgaria to United Kingdom were Sunflower Seeds ($63.9M), Packaged Medicaments ($38.7M), and Office Machine Parts ($35.9M). During the last 27 years the exports of Bulgaria to United Kingdom have increased at an annualized rate of 7.05%, from $163M in 1995 to $1.02B in 2022.

In 2022, United Kingdom exported $425M to Bulgaria. The main products exported from United Kingdom to Bulgaria were Gas Turbines ($54M), Hard Liquor ($27.6M), and Large Construction Vehicles ($26.5M). During the last 27 years the exports of United Kingdom to Bulgaria have increased at an annualized rate of 3.92%, from $150M in 1995 to $425M in 2022.

Exports from Bulgaria (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Bulgaria (Flag) (2022)

Latest Data

Trade between Bulgaria (Flag) and United Kingdom (Flag)

Bulgaria Exports

United Kingdom Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
United Kingdom
Top Destination
United States$61.8B

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

In 2021, countries that imported more from Bulgaria than United Kingdom were Romania ($6.55B), Greece ($2.93B), and Serbia ($1.29B).

In 2021, countries that imported more from United Kingdom than Bulgaria were United States ($61.8B), Netherlands ($41.9B), and China ($35.4B).

Difference in imports from United Kingdom (Flag) and Bulgaria (Flag) (2022)

Comparative Advantage Bulgaria - United Kingdom

Flow
Scale

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

During 2022, Bulgaria had a large net trade with United Kingdom in the exports of Machines ($215M), Textiles ($146M), and Foodstuffs ($107M).

During 2022, United Kingdom had a large net trade with Bulgaria in the exports of Machines ($167M), Transportation ($70.9M), and Chemical Products ($44.6M).

Service Trade

Bilateral Service Trade

In 2020, Bulgaria exported services to United Kingdom worth $729M, with Computer and information services ($239M), Other business services ($239M), and Travel ($105M) being the largest in terms of value.

In 2019, United Kingdom exported services to Bulgaria worth $417M, with Travel ($267M), Other business services ($57.4M), and Transportation ($56.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bulgaria (Flag) to United Kingdom (Flag) (2020)

Services Exports from United Kingdom (Flag) to Bulgaria (Flag) (2019)

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

Product Space of Bulgaria (Flag) and United Kingdom (Flag) (2022)

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