2022
Flag  
GDP
$14.4BCURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP GROWTH
65.6%CURRENT US$
Rnk 33 / 186
2022
Flag
 GDP
$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH
64%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC 
$5,563CURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP PC GROWTH
82.7%CURRENT US$
Rnk 14 / 186
2022
Flag
GDP PC
$13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH
85.3%CURRENT US$
Rnk 13 / 186

About

Moldova-Bulgaria Trade: In 2022, Moldova exported $150M to Bulgaria. The main products that Moldova exported to Bulgaria were Sunflower Seeds ($76.8M), Seed Oils ($20.7M), and Other Vegetable Residues ($8.41M). Over the past 5 years the exports of Moldova to Bulgaria have increased at an annualized rate of 10%, from $93.1M in 2017 to $150M in 2022.

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

Bulgaria-Moldova Trade: In 2022, Bulgaria exported $169M to Moldova. The main products that Bulgaria exported to Moldova were Refined Petroleum ($68.3M), Petroleum Coke ($8.08M), and Float Glass ($4.97M). Over the past 5 years the exports of Bulgaria to Moldova have increased at an annualized rate of 12%,  from $95.7M in 2017 to $169M in 2022.

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

Comparison: In 2022,  Moldova ranked 65 in the Economic Complexity Index (ECI 0.0038), and 124 in total exports ($4.94B). 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
Value

In 2022, Moldova exported $150M to Bulgaria. The main products exported from Moldova to Bulgaria were Sunflower Seeds ($76.8M), Seed Oils ($20.7M), and Other Vegetable Residues ($8.41M). During the last 5 years the exports of Moldova to Bulgaria have increased at an annualized rate of 10%, from $93.1M in 2017 to $150M in 2022.

In 2017, Bulgaria exported $169M to Moldova. The main products exported from Bulgaria to Moldova were Refined Petroleum ($68.3M), Petroleum Coke ($8.08M), and Float Glass ($4.97M). During the last 5 years the exports of Bulgaria to Moldova have increased at an annualized rate of 12%, from $95.7M in 2022 to $169M in 2017.

Exports from Moldova (Flag) to Bulgaria (Flag) (2022)

Exports from Bulgaria (Flag) to Moldova (Flag) (2022)

Latest Data

Trade between Moldova (Flag) and Bulgaria (Flag)

Moldova Exports

Bulgaria Exports

Market Competitiveness

Color
Moldova
Top Destination
Romania$1.35B
Bulgaria
Top Destination
Germany$6.91B

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

In 2022, countries that imported more from Moldova than Bulgaria included Belarus ($81.2M), Zimbabwe ($9.24M), and Seychelles ($2.05M).

In 2022, countries that imported more from Bulgaria than Moldova included Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

Difference in imports from Bulgaria (Flag) and Moldova (Flag) (2022)

Comparative Advantage Moldova - Bulgaria

Flow
Scale

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

During 2022, Moldova had a large net trade with Bulgaria in the exports of Vegetable Products ($83.7M), Animal and Vegetable Bi-Products ($23M), and Foodstuffs ($13.6M).

During 2017, Bulgaria had a large net trade with Moldova in the exports of Mineral Products ($83.2M), Chemical Products ($20.4M), and Machines ($11.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Moldova Bulgaria+$3.48MInsulated Wire
Top Product Potential Bulgaria Moldova+$1.7MPetroleum Gas

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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Economic Complexity

Competitive Landscape

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

Product Space of Moldova (Flag) and Bulgaria (Flag) (2022)

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