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2022
Flag → Flag
Exports $547MRnk 70 / 224
2022
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Top Product $54MGas Turbines
2022
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Exports $769MRnk 15 / 206
2022
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Top Product $63.9MSunflower Seeds
2022
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Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
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Economic Complexity (ECI) ECI 0.68Rnk 38 / 133
2022
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GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
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GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
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 GDP$89BCURRENT US$
Rnk 70 / 186
2012-2022
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GDP GROWTH64%CURRENT US$
Rnk 37 / 186
2022
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GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
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GDP PC$13,772CURRENT US$
Rnk 64 / 186
2012-2022
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GDP PC GROWTH85.3%CURRENT US$
Rnk 13 / 186

About

United Kingdom-Bulgaria Trade: In 2022, United Kingdom exported $547M 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). Over the past 5 years the exports of United Kingdom to Bulgaria have increased at an annualized rate of 29.5%, from $150M in 2017 to $547M 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.

Bulgaria-United Kingdom Trade: In 2022, Bulgaria exported $769M to United Kingdom. The main products that Bulgaria exported to United Kingdom were Sunflower Seeds ($63.9M), Packaged Medicaments ($38.7M), and Office Machine Parts ($35.9M). Over the past 5 years the exports of Bulgaria to United Kingdom have increased at an annualized rate of 36.4%,  from $163M in 2017 to $769M 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.

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

Latest Trends

April, 2024

About

Overview In April 2024, United Kingdom exported £28.3M and imported £57.3M from Bulgaria, resulting in a negative trade balance of £29M. Between April 2023 and April 2024 the exports of United Kingdom have increased by £4.56M (19.2%) from £23.7M to £28.3M, while imports increased by £11.4M (24.9%) from £45.8M to £57.3M.

Trade In April 2024, the top exports of United Kingdom to Bulgaria were Gas Turbines (£10.7M), Large Construction Vehicles (£1.71M), Fork-Lifts (£1.63M), Scrap Copper (£1.33M), and Hard Liquor (£1.07M). In April 2024 the top imports of United Kingdom from Bulgaria were Gas Turbines (£5.67M), Sunflower Seeds (£2.73M), Baked Goods (£2.05M), Telephones (£1.77M), and Glass Bottles (£1.67M).

Origins In April 2024 the exports of United Kingdom were mainly from Dover Eurotunnel (£16.9M), East Midlands Airport (£2.05M), Immingham (£2.02M), Dover (£1.82M), and London Stansted Airport (£767k), while imports destinations were mainly Dover (£30M), London (£5.9M), Felixstowe (£5.22M), East Midlands Airport (£3.39M), and Dover Eurotunnel (£2.35M).

Growth In April 2024, the increase in United Kingdom's year-by-year exports to Bulgaria was explained primarily by an increase in product exports in Fork-Lifts (£1.59M or 4.05k%), Tractors (£842k or 987%), and Precious Metal Compounds (£805k or 37k%). In April 2024, the increase in United Kingdom's year-by-year imports  from Bulgaria was explained primarily by an increase in product imports  in Gas Turbines (£5.66M or 52.4k%), Raw Plastic Sheeting (£914k or 592%), and Shaving Products (£899k or 2.87k%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (April 2023 - April 2024)£4.56M(19.2%)
IMPORT GROWTH (April 2023 - April 2024)£11.4M(24.9%)
MAIN EXPORTER (April 2024)Dover Eurotunnel£16.9M

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

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $547M 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 5 years the exports of United Kingdom to Bulgaria have increased at an annualized rate of 29.5%, from $150M in 2017 to $547M in 2022.

In 2017, Bulgaria exported $769M 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 22 years the exports of Bulgaria to United Kingdom have increased at an annualized rate of 36.4%, from $163M in 1995 to $769M in 2017.

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

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

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
Bulgaria
Top DestinationGermany$6.91B

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 2022, countries that imported more from United Kingdom than Bulgaria included United States ($61.8B), Netherlands ($41.9B), and China ($35.4B).

In 2022, countries that imported more from Bulgaria than United Kingdom included Romania ($6.55B), Greece ($2.93B), and Serbia ($1.29B).

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

Comparative Advantage United Kingdom - Bulgaria

Flow
Scale

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

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).

During 2017, Bulgaria had a large net trade with United Kingdom in the exports of Machines ($215M), Textiles ($146M), and Foodstuffs ($107M).

Potential Exports

Potential Exports

Depth
View
Sort By
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.

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Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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 (Flag) and Bulgaria (Flag) (2022)

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