Iran (IRN) and Bulgaria (BGR) Trade | The Observatory of Economic Complexity

About

Iran-Bulgaria In 2022, Iran exported $82.9M to Bulgaria. The main products that Iran exported to Bulgaria are Styrene Polymers ($28.1M), Ethylene Polymers ($23M), and Ferroalloys ($9.97M). During the last 26 years the exports of Iran to Bulgaria have increased at an annualized rate of 2.65%, from $42.1M in 1996 to $82.9M in 2022.

In 2022, Iran did not export any services to Bulgaria.

Bulgaria-Iran In 2022, Bulgaria exported $134M to Iran. The main products that Bulgaria exported to Iran were Machinery Having Individual Functions ($17M), Vaccines, blood, antisera, toxins and cultures ($8.66M), and Liquid Pumps ($8.5M). During the last 26 years the exports of Bulgaria to Iran have increased at an annualized rate of 10.4%, from $10.2M in 1996 to $134M in 2022.

In 2009, Bulgaria exported services to Iran worth $25.6M, with Services not allocated ($12.8M), Travel ($11.9M), and Transportation ($906k) being the largest in terms of value.

Comparison In 2022, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Iran exported $82.9M to Bulgaria. The main products exported from Iran to Bulgaria were Styrene Polymers ($28.1M), Ethylene Polymers ($23M), and Ferroalloys ($9.97M). During the last 26 years the exports of Iran to Bulgaria have increased at an annualized rate of 2.65%, from $42.1M in 1996 to $82.9M in 2022.

In 2022, Bulgaria exported $134M to Iran. The main products exported from Bulgaria to Iran were Machinery Having Individual Functions ($17M), Vaccines, blood, antisera, toxins and cultures ($8.66M), and Liquid Pumps ($8.5M). During the last 26 years the exports of Bulgaria to Iran have increased at an annualized rate of 10.4%, from $10.2M in 1996 to $134M in 2022.

Exports from Iran () to Bulgaria () (2022)

Exports from Bulgaria () to Iran () (2022)

Latest Data

Trade between Iran () and Bulgaria ()

Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iran
Top DestinationChina$5.72B

Bulgaria
Top DestinationGermany$6.91B

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

In 2021, countries that imported more from Iran than Bulgaria were China ($5.72B), Kuwait ($960M), and Pakistan ($762M).

In 2021, countries that imported more from Bulgaria than Iran were Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

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

Comparative Advantage Iran - Bulgaria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Iran had a large net trade with Bulgaria in the exports of Plastics and Rubbers ($52M), Metals ($17.2M), and Stone And Glass ($6.17M).

During 2022, Bulgaria had a large net trade with Iran in the exports of Machines ($69.6M), Chemical Products ($28.5M), and Transportation ($8.37M).

Service Trade

Bilateral Service Trade

Bgr Year

In 2009, Bulgaria exported services to Iran worth $25.6M, with Services not allocated ($12.8M), Travel ($11.9M), and Transportation ($906k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bulgaria () to Iran () (2009)

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

About

Historical Data

Bilateral Trade by Products

Exports from Iran () to Bulgaria () (2022)

Exports from Bulgaria () to Iran () (2022)

Latest Data

Trade between Iran () and Bulgaria ()

Bulgaria Exports

Market Competitiveness

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

Comparative Advantage Iran - Bulgaria

Service Trade

Bilateral Service Trade

Services Exports from Bulgaria () to Iran () (2009)

Economic Complexity

Competitive Landscape

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

Keep Exploring