United Kingdom (GBR) and Bulgaria (BGR) Trade

2023

→

Exports $424MRnk 68 / 223

2023

→

About

United Kingdom-Bulgaria Trade: In 2023, United Kingdom exported $424M to Bulgaria. The main products that United Kingdom exported to Bulgaria were Hard Liquor ($36.4M), Cars ($34.9M), and Large Construction Vehicles ($33.5M). Over the past 5 years the exports of United Kingdom to Bulgaria have decreased at an annualized rate of 4.77%, from $541M in 2018 to $424M in 2023.

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.

Bulgaria-United Kingdom Trade: In 2023, Bulgaria exported $1.03B to United Kingdom. The main products that Bulgaria exported to United Kingdom were Packaged Medicaments ($52.8M), Sunflower Seeds ($45.7M), and Baked Goods ($39.2M). Over the past 5 years the exports of Bulgaria to United Kingdom have increased at an annualized rate of 5.26%, from $795M in 2018 to $1.03B in 2023.

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.

Comparison: In 2023, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B).

Latest Trends

December, 2024

About

Overview In December 2024, United Kingdom exported £23.8M and imported £45.9M from Bulgaria, resulting in a negative trade balance of £22.1M. Between December 2023 and December 2024 the exports of United Kingdom have decreased by £-4.34M (-15.4%) from £28.2M to £23.8M, while imports increased by £1.31M (2.94%) from £44.6M to £45.9M.

Trade In December 2024, the top exports of United Kingdom to Bulgaria were Aircraft parts for spacecraft, UAVs, and... (£1.98M), Large Construction Vehicles (£1.68M), Cars (£1.28M), Hard Liquor (£1.02M), and Fork-Lifts (£848k). In December 2024 the top imports of United Kingdom from Bulgaria were Packaged Medicaments (£4.89M), Sunflower Seeds (£3.25M), Baked Goods (£2.56M), Aircraft parts for spacecraft, UAVs, and... (£2.03M), and Raw Zinc (£1.69M).

Origins In December 2024 the exports of United Kingdom were mainly from Dover Eurotunnel (£13.4M), Dover (£1.9M), East Midlands Airport (£1.76M), Immingham (£1.57M), and Edinburgh Airport (£608k), while imports destinations were mainly Dover (£26.8M), Felixstowe (£4.1M), East Midlands Airport (£2.83M), and Eurotunnel (£1.75M).

Growth In December 2024, the decrease in United Kingdom's year-by-year exports to Bulgaria was explained primarily by an decrease in product exports in Gas Turbines (£-10.6M or -99.9%), Tractors (£-784k or -84.5%), and Fork-Lifts (£-778k or -47.8%). In December 2024, the increase in United Kingdom's year-by-year imports from Bulgaria was explained primarily by an increase in product imports in Packaged Medicaments (£3.29M or 206%), Aircraft parts for spacecraft, UAVs, and... (£1.03M or 103%), and Chocolate (£705k or 80.8%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (December 2023 - December 2024)£-4.34M(-15.4%)

IMPORT GROWTH (December 2023 - December 2024)£1.31M(2.94%)

MAIN EXPORTER (December 2024)Dover Eurotunnel£13.4M

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

To check Bulgaria and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Bulgaria and United Kingdom Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, United Kingdom exported $424M to Bulgaria. The main products exported from United Kingdom to Bulgaria were Hard Liquor ($36.4M), Cars ($34.9M), and Large Construction Vehicles ($33.5M). During the last 5 years the exports of United Kingdom to Bulgaria have decreased at an annualized rate of 4.77%, from $541M in 2018 to $424M in 2023.

In 2018, Bulgaria exported $1.03B to United Kingdom. The main products exported from Bulgaria to United Kingdom were Packaged Medicaments ($52.8M), Sunflower Seeds ($45.7M), and Baked Goods ($39.2M). During the last 5 years the exports of Bulgaria to United Kingdom have increased at an annualized rate of 5.26%, from $795M in 2023 to $1.03B in 2018.

Exports from United Kingdom () to Bulgaria () (2023)

Exports from Bulgaria () to United Kingdom () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United Kingdom
Top DestinationUnited States$59.7B

Bulgaria
Top DestinationGermany$6.84B

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

In 2023, countries that imported more from United Kingdom than Bulgaria included United States ($59.7B), China ($35.3B), and Ireland ($29.1B).

In 2023, countries that imported more from Bulgaria than United Kingdom included Romania ($5.63B), Greece ($3.04B), and Serbia ($1.01B).

Difference in imports from Bulgaria () and United Kingdom () (2023)

Comparative Advantage United Kingdom - Bulgaria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, United Kingdom had a large net trade with Bulgaria in the exports of Machines ($152M), Transportation ($65.7M), and Foodstuffs ($59.1M).

During 2018, Bulgaria had a large net trade with United Kingdom in the exports of Machines ($174M), Foodstuffs ($126M), and Textiles ($126M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential United Kingdom Bulgaria+$27MCars

Top Product Potential Bulgaria United Kingdom+$37.4MPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Bilateral Service Trade

Bgr Year

Gbr Year

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 United Kingdom () to Bulgaria () (2019)

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

Service Trade

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of United Kingdom and Bulgaria. This means that a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Bulgaria. Similarly, a dot/product with the flag of Bulgaria indicates it has a comparative advantage over United Kingdom.

Product Space of United Kingdom () and Bulgaria () (2023)

Keep Exploring

United Kingdom
Belgium
United Kingdom
Bosnia and Herzegovina
France
Bulgaria
Gibraltar
Bulgaria