Flag Romania / Bulgaria Flag

2019
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Exports
: $2.63B, Rnk 7 / 195

2019
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Top Product
: $340M, Refined Petroleum

2019
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Exports
: $2.87B, Rnk 2 / 196

2019
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Top Product
: $111M, Raw Iron Bars

2019
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Economic Complexity (ECI)
: ECI 1.08, Rnk 24 / 146

2019
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Economic Complexity (ECI)
: ECI 0.56, Rnk 46 / 146

2019
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GDP
: $250B, CURRENT US$
Rnk 46 / 187

2009-2019
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GDP GROWTH
: 43.6%, CURRENT US$
Rnk 103 / 187

2019
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 GDP
: $68.6B, CURRENT US$
Rnk 72 / 187

2009-2019
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GDP GROWTH
: 31.8%, CURRENT US$
Rnk 123 / 187

2019
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GDP PC 
: $12,920, CURRENT US$
Rnk 62 / 187

2009-2019
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GDP PC GROWTH
: 51.1%, CURRENT US$
Rnk 55 / 187

2019
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GDP PC
: $9,828, CURRENT US$
Rnk 74 / 187

2009-2019
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GDP PC GROWTH
: 40.6%, CURRENT US$
Rnk 75 / 187

Romania-Bulgaria In 2019, Romania exported $2.63B to Bulgaria. The main products that Romania exported to Bulgaria are Refined Petroleum ($340M), Sunflower Seeds ($141M), and Petroleum Gas ($68.9M). During the last 24 years the exports of Romania to Bulgaria have increased at an annualized rate of 16.3%, from $70.9M in 1995 to $2.63B in 2019.

In 2018, Romania exported services to Bulgaria worth $400M, with Transportation ($256M), Other business services ($75.8M), and Travel ($35.6M) being the largest in terms of value.

Bulgaria-Romania In 2019, Bulgaria exported $2.87B to Romania . The main products that Bulgaria exported to Romania were Raw Iron Bars ($111M), Industrial Fatty Acids, Oils and Alcohols ($111M), and Tractors ($111M). During the last 24 years the exports of Bulgaria to Romania have increased at an annualized rate of 16.5%, from $74.1M in 1995 to $2.87B in 2019.

In 2019, Bulgaria exported services to Romania worth $172M, with Transportation ($116M), Other business services ($36.2M), and Computer and information services ($8.79M) being the largest in terms of value.

Comparison In 2019,  Romania ranked 24 in the Economic Complexity Index (ECI 1.08), and 41 in total exports ($78.7B). That same year, Bulgaria ranked 46 in the Economic Complexity Index (ECI 0.56), and 60 in total exports ($34.5B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Romania exported $2.63B to Bulgaria. The main products exported from Romania to Bulgaria were Refined Petroleum ($340M), Sunflower Seeds ($141M), and Petroleum Gas ($68.9M). During the last 24 years the exports of Romania to Bulgaria have increased at an annualized rate of 16.3%, from $70.9M in 1995 to $2.63B in 2019.

In 2019, Bulgaria exported $2.87B to Romania. The main products exported from Bulgaria to Romania were Raw Iron Bars ($111M), Industrial Fatty Acids, Oils and Alcohols ($111M), and Tractors ($111M). During the last 24 years the exports of Bulgaria to Romania have increased at an annualized rate of 16.5%, from $74.1M in 1995 to $2.87B in 2019.

Romania Exports

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Bulgaria Exports

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Market Competitiveness

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Measure

Romania
Top Destination
: Germany, $17.3B

Bulgaria
Top Destination
: Germany, $5.41B

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

In 2019, countries that imported more from Romania than Bulgaria were Germany ($17.3B), Italy ($8.17B), and France ($5.17B).

In 2019, countries that imported more from Bulgaria than Romania were Greece ($2.13B), North Macedonia ($450M), and Namibia ($187M).

Comparative Advantage Romania - Bulgaria

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Depth

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

During 2019, Romania had a large net trade with Bulgaria in the exports of Mineral Products ($475M), Metals ($407M), and Machines ($325M).

During 2019, Bulgaria had a large net trade with Romania in the exports of Chemical Products ($451M), Machines ($390M), and Metals ($389M).

Flow

Bilateral Service Trade

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In 2018, Romania exported services to Bulgaria worth $400M, with Transportation ($256M), Other business services ($75.8M), and Travel ($35.6M) being the largest in terms of value.

In 2019, Bulgaria exported services to Romania worth $172M, with Transportation ($116M), Other business services ($36.2M), and Computer and information services ($8.79M) 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 red.  This mean that the more blue a dot/product is, the more Romania has comparative advantage over Bulgaria. Similarly, the more red a dot/product is, the more Bulgaria has comparative advantage over Romania.