2022
Flag  
GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 186
2022
Flag
 GDP
$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH
64%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC 
$29,457CURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 63 / 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

Slovenia-Bulgaria Trade: In 2022, Slovenia exported $400M to Bulgaria. The main products that Slovenia exported to Bulgaria were Packaged Medicaments ($115M), Vaccines, blood, antisera, toxins and cultures ($30.1M), and Cars ($12.5M). Over the past 5 years the exports of Slovenia to Bulgaria have increased at an annualized rate of 5.81%, from $302M in 2017 to $400M in 2022.

In 2020, Slovenia exported services to Bulgaria worth $58.5M, with Communications services ($22.2M), Other business services ($18.6M), and Travel ($5.25M) being the largest in terms of value.

Bulgaria-Slovenia Trade: In 2022, Bulgaria exported $556M to Slovenia. The main products that Bulgaria exported to Slovenia were Electricity ($273M), Industrial Fatty Acids, Oils and Alcohols ($42.7M), and Raw Lead ($27.3M). Over the past 5 years the exports of Bulgaria to Slovenia have increased at an annualized rate of 18.8%,  from $235M in 2017 to $556M in 2022.

In 2020, Bulgaria exported services to Slovenia worth $24.9M, with Other business services ($9.48M), Transportation ($7.2M), and Communications services ($3.2M) being the largest in terms of value.

Comparison: In 2022,  Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B). 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, Slovenia exported $400M to Bulgaria. The main products exported from Slovenia to Bulgaria were Packaged Medicaments ($115M), Vaccines, blood, antisera, toxins and cultures ($30.1M), and Cars ($12.5M). During the last 5 years the exports of Slovenia to Bulgaria have increased at an annualized rate of 5.81%, from $302M in 2017 to $400M in 2022.

In 2017, Bulgaria exported $556M to Slovenia. The main products exported from Bulgaria to Slovenia were Electricity ($273M), Industrial Fatty Acids, Oils and Alcohols ($42.7M), and Raw Lead ($27.3M). During the last 5 years the exports of Bulgaria to Slovenia have increased at an annualized rate of 18.8%, from $235M in 2022 to $556M in 2017.

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

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

Latest Data

Trade between Slovenia (Flag) and Bulgaria (Flag)

Slovenia Exports

Bulgaria Exports

Market Competitiveness

Color
Slovenia
Top Destination
Switzerland$9.92B
Bulgaria
Top Destination
Germany$6.91B

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

In 2022, countries that imported more from Slovenia than Bulgaria included Switzerland ($9.92B), Croatia ($4.68B), and Austria ($3.75B).

In 2022, countries that imported more from Bulgaria than Slovenia included Romania ($6.55B), Greece ($2.93B), and Turkey ($2.95B).

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

Comparative Advantage Slovenia - Bulgaria

Flow
Scale

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

During 2022, Slovenia had a large net trade with Bulgaria in the exports of Chemical Products ($171M), Machines ($70.6M), and Metals ($26.5M).

During 2017, Bulgaria had a large net trade with Slovenia in the exports of Mineral Products ($296M), Metals ($61.9M), and Chemical Products ($55.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Bulgaria+$11MCars
Top Product Potential Bulgaria Slovenia+$15.2MRefined Petroleum

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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Bilateral Service Trade

In 2020, Slovenia exported services to Bulgaria worth $58.5M, with Communications services ($22.2M), Other business services ($18.6M), and Travel ($5.25M) being the largest in terms of value.

In 2020, Bulgaria exported services to Slovenia worth $24.9M, with Other business services ($9.48M), Transportation ($7.2M), and Communications services ($3.2M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Slovenia (Flag) to Bulgaria (Flag) (2020)

Services Exports from Bulgaria (Flag) to Slovenia (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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