Netherlands (NLD) and Bulgaria (BGR) Trade | The Observatory of Economic Complexity

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Netherlands-Bulgaria In 2022, Netherlands exported $2.29B to Bulgaria. The main products that Netherlands exported to Bulgaria are Industrial Fatty Acids, Oils and Alcohols ($624M), Packaged Medicaments ($118M), and Broadcasting Equipment ($96.5M). During the last 27 years the exports of Netherlands to Bulgaria have increased at an annualized rate of 12%, from $106M in 1995 to $2.29B in 2022.

In 2020, Netherlands exported services to Bulgaria worth $300M, with Travel ($108M), Other business services ($67M), and Transportation ($64.6M) being the largest in terms of value.

Bulgaria-Netherlands In 2022, Bulgaria exported $1.44B to Netherlands. The main products that Bulgaria exported to Netherlands were Sunflower Seeds ($120M), Industrial Fatty Acids, Oils and Alcohols ($109M), and Seed Oils ($108M). During the last 27 years the exports of Bulgaria to Netherlands have increased at an annualized rate of 9.94%, from $112M in 1995 to $1.44B in 2022.

In 2020, Bulgaria exported services to Netherlands worth $259M, with Other business services ($84.2M), Computer and information services ($79.3M), and Travel ($42.6M) being the largest in terms of value.

Comparison In 2022, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.1), and 6 in total exports ($674B). That same year, Bulgaria ranked 37 in the Economic Complexity Index (ECI 0.66), and 60 in total exports ($51.9B).

Latest Trends

October, 2022

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Overview In October 2022, Netherlands exported €181M and imported €55M from Bulgaria, resulting in a positive trade balance of €126M. Between October 2021 and October 2022 the exports of Netherlands have increased by €71M (64.5%) from €110M to €181M, while imports decreased by €-14M (-20.3%) from €69M to €55M.

Trade In October 2022, the top exports of Netherlands to Bulgaria were Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€16M), Miscellaneous chemical products, n.e.s. (€7M), Road motor vehicles, n.e.s. (€7M), Automatic data-processing machines and units thereof;... (€3M), and Thermionic, cold cathode or photo-cathode valves... (€3M). In October 2022 the top imports of Netherlands from Bulgaria were Miscellaneous chemical products, n.e.s. (€9M), Medicaments (including veterinary medicaments) (€5M), Tubes, pipes and hollow profiles, and... (€5M), Furniture and parts thereof; bedding, mattresses,... (€3M), and Feeding stuff for animals (not including... (€2M).

Growth In October 2022, the increase in Netherlands's year-by-year exports to Bulgaria was explained primarily by an increase in product exports in Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€10M or 167%), Automatic data-processing machines and units thereof;... (€2M or 200%), and Fruit and nuts (not including oil... (€1M or 100%). In October 2022, the decrease in Netherlands's year-by-year imports from Bulgaria was explained primarily by an decrease in product imports in Oil-seeds and oleaginous fruits of a... (€-13M or -92.9%), Miscellaneous chemical products, n.e.s. (€-9M or -50%), and Men's or boys' coats, capes, jackets,... (€-1M or -50%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2021 - October 2022)€71M(64.5%)

IMPORT GROWTH (October 2021 - October 2022)€-14M(-20.3%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Bulgaria and Netherlands trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Netherlands exported $2.29B to Bulgaria. The main products exported from Netherlands to Bulgaria were Industrial Fatty Acids, Oils and Alcohols ($624M), Packaged Medicaments ($118M), and Broadcasting Equipment ($96.5M). During the last 27 years the exports of Netherlands to Bulgaria have increased at an annualized rate of 12%, from $106M in 1995 to $2.29B in 2022.

In 2022, Bulgaria exported $1.44B to Netherlands. The main products exported from Bulgaria to Netherlands were Sunflower Seeds ($120M), Industrial Fatty Acids, Oils and Alcohols ($109M), and Seed Oils ($108M). During the last 27 years the exports of Bulgaria to Netherlands have increased at an annualized rate of 9.94%, from $112M in 1995 to $1.44B in 2022.

Exports from Netherlands () to Bulgaria () (2022)

Exports from Bulgaria () to Netherlands () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Netherlands
Top DestinationGermany$131B

Bulgaria
Top DestinationGermany$6.91B

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

In 2021, countries that imported more from Netherlands than Bulgaria were Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2021, countries that imported more from Bulgaria than Netherlands were Romania ($6.55B), North Macedonia ($780M), and Serbia ($1.29B).

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

Comparative Advantage Netherlands - Bulgaria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Netherlands had a large net trade with Bulgaria in the exports of Chemical Products ($884M), Machines ($544M), and Metals ($133M).

During 2022, Bulgaria had a large net trade with Netherlands in the exports of Machines ($245M), Chemical Products ($213M), and Mineral Products ($183M).

Service Trade

Bilateral Service Trade

Bgr Year

Nld Year

In 2020, Netherlands exported services to Bulgaria worth $300M, with Travel ($108M), Other business services ($67M), and Transportation ($64.6M) being the largest in terms of value.

In 2020, Bulgaria exported services to Netherlands worth $259M, with Other business services ($84.2M), Computer and information services ($79.3M), and Travel ($42.6M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Netherlands () to Bulgaria () (2022)

Exports from Bulgaria () to Netherlands () (2022)

Market Competitiveness

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

Comparative Advantage Netherlands - Bulgaria

Service Trade

Bilateral Service Trade

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

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

Economic Complexity

Competitive Landscape

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

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