Flag Croatia / Bulgaria Flag

2020
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Exports
: $228M, Rnk 20 / 185

2020
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Top Product
: $85.3M, Crude Petroleum

2020
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Exports
: $204M, Rnk 28 / 204

2020
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Top Product
: $29.4M, Industrial Fatty Acids, Oils and Alcohols

2020
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Economic Complexity (ECI)
: ECI 0.73, Rnk 35 / 127

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

2020
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GDP
: $57.2B, CURRENT US$
Rnk 80 / 204

2010-2020
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GDP GROWTH
: -5.33%, CURRENT US$
Rnk 174 / 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 
: $14,132, CURRENT US$
Rnk 67 / 204

2010-2020
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GDP PC GROWTH
: 0.46%, CURRENT US$
Rnk 136 / 204

2020
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GDP PC
: $10,079, CURRENT US$
Rnk 79 / 204

2010-2020
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GDP PC GROWTH
: 47.1%, CURRENT US$
Rnk 33 / 204

Croatia-Bulgaria In 2020, Croatia exported $228M to Bulgaria. The main products that Croatia exported to Bulgaria are Crude Petroleum ($85.3M), Rolled Tobacco ($31.4M), and Coffee ($10.5M). During the last 25 years the exports of Croatia to Bulgaria have increased at an annualized rate of 15.5%, from $6.27M in 1995 to $228M in 2020.

In 2020, Croatia exported services to Bulgaria worth $27M, with Other business services ($7.88M), Travel ($6.62M), and Insurance services ($4.57M) being the largest in terms of value.

Bulgaria-Croatia In 2020, Bulgaria exported $204M to Croatia. The main products that Bulgaria exported to Croatia were Industrial Fatty Acids, Oils and Alcohols ($29.4M), Knit Women's Suits ($14.5M), and Video Displays ($13.9M). During the last 25 years the exports of Bulgaria to Croatia have increased at an annualized rate of 11.8%, from $12.5M in 1995 to $204M in 2020.

In 2020, Bulgaria exported services to Croatia worth $27.5M, with Other business services ($8.91M), Transportation ($8.57M), and Travel ($3.54M) being the largest in terms of value.

Comparison In 2020,  Croatia ranked 35 in the Economic Complexity Index (ECI 0.73), and 72 in total exports ($17.7B). That same year, Bulgaria ranked 41 in the Economic Complexity Index (ECI 0.52), and 59 in total exports ($33.2B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Croatia exported $228M to Bulgaria. The main products exported from Croatia to Bulgaria were Crude Petroleum ($85.3M), Rolled Tobacco ($31.4M), and Coffee ($10.5M). During the last 25 years the exports of Croatia to Bulgaria have increased at an annualized rate of 15.5%, from $6.27M in 1995 to $228M in 2020.

In 2020, Bulgaria exported $204M to Croatia. The main products exported from Bulgaria to Croatia were Industrial Fatty Acids, Oils and Alcohols ($29.4M), Knit Women's Suits ($14.5M), and Video Displays ($13.9M). During the last 25 years the exports of Bulgaria to Croatia have increased at an annualized rate of 11.8%, from $12.5M in 1995 to $204M in 2020.

Croatia Exports

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Bulgaria Exports

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Market Competitiveness

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Measure

Croatia
Top Destination
: Germany, $2.16B

Bulgaria
Top Destination
: Germany, $5.31B

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

In 2019, countries that imported more from Croatia than Bulgaria were Slovenia ($1.73B), Bosnia and Herzegovina ($1.34B), and Hungary ($1.26B).

In 2019, countries that imported more from Bulgaria than Croatia were Germany ($5.31B), Romania ($2.94B), and Greece ($2.01B).

Comparative Advantage Croatia - Bulgaria

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Flow
Scale

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

During 2020, Croatia had a large net trade with Bulgaria in the exports of Mineral Products ($86.9M), Foodstuffs ($45.9M), and Chemical Products ($22.9M).

During 2020, Bulgaria had a large net trade with Croatia in the exports of Chemical Products ($44.5M), Machines ($32.8M), and Textiles ($24.6M).

Bilateral Service Trade

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In 2020, Croatia exported services to Bulgaria worth $27M, with Other business services ($7.88M), Travel ($6.62M), and Insurance services ($4.57M) being the largest in terms of value.

In 2020, Bulgaria exported services to Croatia worth $27.5M, with Other business services ($8.91M), Transportation ($8.57M), and Travel ($3.54M) 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 Croatia has comparative advantage over Bulgaria. Similarly, the more yellow a dot/product is, the more Bulgaria has comparative advantage over Croatia.