Romania (ROU) and Bulgaria (BGR) Trade | The Observatory of Economic Complexity

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Romania-Bulgaria In 2022, Romania exported $3.9B to Bulgaria. The main products that Romania exported to Bulgaria are Refined Petroleum ($361M), Crude Petroleum ($233M), and Sunflower Seeds ($185M). During the last 27 years the exports of Romania to Bulgaria have increased at an annualized rate of 16%, from $70.9M in 1995 to $3.9B in 2022.

In 2020, Romania exported services to Bulgaria worth $353M, with Transportation ($172M), Other business services ($71.3M), and Communications services ($28.1M) being the largest in terms of value.

Bulgaria-Romania In 2022, Bulgaria exported $6.55B to Romania. The main products that Bulgaria exported to Romania were Petroleum Gas ($1.48B), Electricity ($672M), and Industrial Fatty Acids, Oils and Alcohols ($361M). During the last 27 years the exports of Bulgaria to Romania have increased at an annualized rate of 18%, from $74.2M in 1995 to $6.55B in 2022.

In 2020, Bulgaria exported services to Romania worth $288M, with Travel ($121M), Transportation ($109M), and Other business services ($26.7M) being the largest in terms of value.

Comparison In 2022, Romania ranked 22 in the Economic Complexity Index (ECI 1.05), and 43 in total exports ($99.5B). 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, Romania exported $3.9B to Bulgaria. The main products exported from Romania to Bulgaria were Refined Petroleum ($361M), Crude Petroleum ($233M), and Sunflower Seeds ($185M). During the last 27 years the exports of Romania to Bulgaria have increased at an annualized rate of 16%, from $70.9M in 1995 to $3.9B in 2022.

In 2022, Bulgaria exported $6.55B to Romania. The main products exported from Bulgaria to Romania were Petroleum Gas ($1.48B), Electricity ($672M), and Industrial Fatty Acids, Oils and Alcohols ($361M). During the last 27 years the exports of Bulgaria to Romania have increased at an annualized rate of 18%, from $74.2M in 1995 to $6.55B in 2022.

Exports from Romania () to Bulgaria () (2022)

Exports from Bulgaria () to Romania () (2022)

Latest Data

Trade between Romania () and Bulgaria ()

Romania Exports

Date

Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$18.8B

Bulgaria
Top DestinationGermany$6.91B

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 2021, countries that imported more from Romania than Bulgaria were Germany ($18.8B), Hungary ($6.75B), and Italy ($9.55B).

In 2021, countries that imported more from Bulgaria than Romania were Greece ($2.93B), North Macedonia ($780M), and Gibraltar ($552M).

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

Comparative Advantage Romania - Bulgaria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Romania had a large net trade with Bulgaria in the exports of Mineral Products ($747M), Metals ($534M), and Machines ($522M).

During 2022, Bulgaria had a large net trade with Romania in the exports of Mineral Products ($2.41B), Chemical Products ($868M), and Metals ($675M).

Service Trade

Bilateral Service Trade

Bgr Year

Rou Year

In 2020, Romania exported services to Bulgaria worth $353M, with Transportation ($172M), Other business services ($71.3M), and Communications services ($28.1M) being the largest in terms of value.

In 2020, Bulgaria exported services to Romania worth $288M, with Travel ($121M), Transportation ($109M), and Other business services ($26.7M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

About

Historical Data

Bilateral Trade by Products

Exports from Romania () to Bulgaria () (2022)

Exports from Bulgaria () to Romania () (2022)

Latest Data

Trade between Romania () and Bulgaria ()

Romania Exports

Bulgaria Exports

Market Competitiveness

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

Comparative Advantage Romania - Bulgaria

Service Trade

Bilateral Service Trade

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

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

Economic Complexity

Competitive Landscape

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

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