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Pricing

2022
Flag → Flag
Exports $1.48BRnk 11 / 191
2022
Flag → Flag
Top Product $432MSunflower Seeds
2022
Flag → Flag
Exports $1.2BRnk 13 / 206
2022
Flag → Flag
Top Product $877MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
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Economic Complexity (ECI) ECI 0.68Rnk 38 / 133
2022
Flag  
GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
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GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
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 GDP$89BCURRENT US$
Rnk 70 / 186
2012-2022
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GDP GROWTH64%CURRENT US$
Rnk 37 / 186
2022
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GDP PC $4,534CURRENT US$
Rnk 115 / 186
2012-2022
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GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186
2022
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GDP PC$13,772CURRENT US$
Rnk 64 / 186
2012-2022
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GDP PC GROWTH85.3%CURRENT US$
Rnk 13 / 186

About

Ukraine-Bulgaria Trade: In 2022, Ukraine exported $1.48B to Bulgaria. The main products that Ukraine exported to Bulgaria were Sunflower Seeds ($432M), Semi-Finished Iron ($314M), and Seed Oils ($284M). Over the past 5 years the exports of Ukraine to Bulgaria have increased at an annualized rate of 25.9%, from $469M in 2017 to $1.48B in 2022.

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

Bulgaria-Ukraine Trade: In 2022, Bulgaria exported $1.2B to Ukraine. The main products that Bulgaria exported to Ukraine were Refined Petroleum ($877M), Packaged Medicaments ($29.6M), and Nitrogenous Fertilizers ($17.9M). Over the past 5 years the exports of Bulgaria to Ukraine have increased at an annualized rate of 45.8%,  from $183M in 2017 to $1.2B in 2022.

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

Comparison: In 2022,  Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B).

Historical Data

Latest Data

Trade between Ukraine (Flag) and Bulgaria (Flag)

Ukraine Exports

Bulgaria Exports

Market Competitiveness

Color
Ukraine
Top DestinationPoland$6.7B
Bulgaria
Top DestinationGermany$6.91B

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

In 2022, countries that imported more from Ukraine than Bulgaria included Poland ($6.7B), China ($2.6B), and Hungary ($2.28B).

In 2022, countries that imported more from Bulgaria than Ukraine included Germany ($6.91B), Greece ($2.93B), and Romania ($6.55B).

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

Potential Exports

Potential Exports

Depth
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Top Product Potential Ukraine Bulgaria+$5.12MCorn
Top Product Potential Bulgaria Ukraine+$12.5MPetroleum 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 Ukraine and Bulgaria. This means that a dot/product with the flag of Ukraine indicates it has a comparative advantage over Bulgaria. Similarly, a dot/product with the flag of Bulgaria indicates it has a comparative advantage over Ukraine.

Product Space of Ukraine (Flag) and Bulgaria (Flag) (NaN)

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