2022
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GDP
$89BCURRENT US$
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GDP GROWTH
64%CURRENT US$
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 GDP
$1.92TCURRENT US$
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GDP GROWTH
-22.1%CURRENT US$
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GDP PC 
$13,772CURRENT US$
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GDP PC GROWTH
85.3%CURRENT US$
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GDP PC
$8,918CURRENT US$
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GDP PC GROWTH
-27.7%CURRENT US$
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About

Bulgaria-Brazil In 2022, Bulgaria exported $135M to Brazil. The main products that Bulgaria exported to Brazil are Phosphatic Fertilizers ($68.7M), Animal Food ($5.58M), and Other Construction Vehicles ($3.56M). During the last 27 years the exports of Bulgaria to Brazil have increased at an annualized rate of 8.63%, from $14.5M in 1995 to $135M in 2022.

In 2020, Bulgaria exported services to Brazil worth $6.62M, with Transportation ($2.51M), Travel ($1.37M), and Computer and information services ($1.14M) being the largest in terms of value.

Brazil-Bulgaria In 2022, Brazil exported $317M to Bulgaria. The main products that Brazil exported to Bulgaria were Copper Ore ($267M), Raw Sugar ($16.5M), and Raw Tobacco ($8.68M). During the last 27 years the exports of Brazil to Bulgaria have increased at an annualized rate of 7.98%, from $40M in 1995 to $317M in 2022.

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

Comparison In 2022,  Bulgaria ranked 37 in the Economic Complexity Index (ECI 0.66), and 60 in total exports ($51.9B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.29), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $135M to Brazil. The main products exported from Bulgaria to Brazil were Phosphatic Fertilizers ($68.7M), Animal Food ($5.58M), and Other Construction Vehicles ($3.56M). During the last 27 years the exports of Bulgaria to Brazil have increased at an annualized rate of 8.63%, from $14.5M in 1995 to $135M in 2022.

In 2022, Brazil exported $317M to Bulgaria. The main products exported from Brazil to Bulgaria were Copper Ore ($267M), Raw Sugar ($16.5M), and Raw Tobacco ($8.68M). During the last 27 years the exports of Brazil to Bulgaria have increased at an annualized rate of 7.98%, from $40M in 1995 to $317M in 2022.

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

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

Latest Data

Trade between Bulgaria (Flag) and Brazil (Flag)

Bulgaria Exports

Brazil Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
Brazil
Top Destination
China$90.1B

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

In 2021, countries that imported more from Bulgaria than Brazil were Romania ($6.55B), Greece ($2.93B), and Serbia ($1.29B).

In 2021, countries that imported more from Brazil than Bulgaria were China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Comparative Advantage Bulgaria - Brazil

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Brazil in the exports of Chemical Products ($76.5M), Machines ($26.1M), and Instruments ($7M).

During 2022, Brazil had a large net trade with Bulgaria in the exports of Mineral Products ($268M), Foodstuffs ($30.2M), and Metals ($9.37M).

Service Trade

Bilateral Service Trade

In 2020, Bulgaria exported services to Brazil worth $6.62M, with Transportation ($2.51M), Travel ($1.37M), and Computer and information services ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Economic Complexity

Competitive Landscape

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 Bulgaria has comparative advantage over Brazil. Similarly, the more yellow a dot/product is, the more Brazil has comparative advantage over Bulgaria.

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

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