Croatia (HRV) and Bulgaria (BGR) Trade | The Observatory of Economic Complexity

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Croatia-Bulgaria In 2022, Croatia exported $161M to Bulgaria. The main products that Croatia exported to Bulgaria are Rolled Tobacco ($15.5M), Beauty Products ($12.6M), and Rock Wool ($5.82M). During the last 27 years the exports of Croatia to Bulgaria have increased at an annualized rate of 12.8%, from $6.27M in 1995 to $161M in 2022.

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 2022, Bulgaria exported $424M to Croatia. The main products that Bulgaria exported to Croatia were Refined Copper ($108M), Refined Petroleum ($75.9M), and Knit Women's Suits ($15M). During the last 27 years the exports of Bulgaria to Croatia have increased at an annualized rate of 13.9%, from $12.6M in 1995 to $424M in 2022.

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 2022, Croatia ranked 32 in the Economic Complexity Index (ECI 0.81), and 73 in total exports ($26B). That same year, Bulgaria ranked 37 in the Economic Complexity Index (ECI 0.66), and 60 in total exports ($51.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Croatia exported $161M to Bulgaria. The main products exported from Croatia to Bulgaria were Rolled Tobacco ($15.5M), Beauty Products ($12.6M), and Rock Wool ($5.82M). During the last 27 years the exports of Croatia to Bulgaria have increased at an annualized rate of 12.8%, from $6.27M in 1995 to $161M in 2022.

In 2022, Bulgaria exported $424M to Croatia. The main products exported from Bulgaria to Croatia were Refined Copper ($108M), Refined Petroleum ($75.9M), and Knit Women's Suits ($15M). During the last 27 years the exports of Bulgaria to Croatia have increased at an annualized rate of 13.9%, from $12.6M in 1995 to $424M in 2022.

Exports from Croatia () to Bulgaria () (2022)

Exports from Bulgaria () to Croatia () (2022)

Latest Data

Trade between Croatia () and Bulgaria ()

Croatia Exports

Date

Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Croatia
Top DestinationItaly$3.44B

Bulgaria
Top DestinationGermany$6.91B

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 2021, countries that imported more from Croatia than Bulgaria were Bosnia and Herzegovina ($2.45B), Slovenia ($2.87B), and Hungary ($2.65B).

In 2021, countries that imported more from Bulgaria than Croatia were Romania ($6.55B), Germany ($6.91B), and Greece ($2.93B).

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

Comparative Advantage Croatia - Bulgaria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Croatia had a large net trade with Bulgaria in the exports of Chemical Products ($29.9M), Foodstuffs ($28.9M), and Machines ($22.3M).

During 2022, Bulgaria had a large net trade with Croatia in the exports of Metals ($137M), Mineral Products ($84.3M), and Chemical Products ($40.1M).

Service Trade

Bilateral Service Trade

Bgr Year

Hrv Year

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.

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

Services Exports from Bulgaria () to Croatia () (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 Croatia has comparative advantage over Bulgaria. Similarly, the more yellow a dot/product is, the more Bulgaria has comparative advantage over Croatia.

About

Historical Data

Bilateral Trade by Products

Exports from Croatia () to Bulgaria () (2022)

Exports from Bulgaria () to Croatia () (2022)

Latest Data

Trade between Croatia () and Bulgaria ()

Croatia Exports

Bulgaria Exports

Market Competitiveness

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

Comparative Advantage Croatia - Bulgaria

Service Trade

Bilateral Service Trade

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

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

Economic Complexity

Competitive Landscape

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

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