2023
Flag  
GDP
$102BCURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP GROWTH
83.4%CURRENT US$
Rnk 30 / 195
2023
Flag
 GDP
$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 139 / 195
2023
Flag
GDP PC 
$15,886CURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP PC GROWTH
107%CURRENT US$
Rnk 6 / 195
2023
Flag
GDP PC
$17,068CURRENT US$
Rnk 68 / 196
2013-2023
Flag
GDP PC GROWTH
8.83%CURRENT US$
Rnk 137 / 195

About

Bulgaria-Chile Trade: In 2023, Bulgaria exported $26.3M to Chile. The main products that Bulgaria exported to Chile were Nitrogenous Fertilizers ($6.65M), Packaged Medicaments ($2.1M), and Medical Instruments ($1.64M). Over the past 5 years the exports of Bulgaria to Chile have increased at an annualized rate of 13.2%, from $14.2M in 2018 to $26.3M in 2023.

In 2020, Bulgaria exported services to Chile worth $685k, with Transportation ($228k), Travel ($228k), and Computer and information services ($114k) being the largest in terms of value.

Chile-Bulgaria Trade: In 2023, Chile exported $151M to Bulgaria. The main products that Chile exported to Bulgaria were Copper Ore ($145M), Processed Crustaceans ($1.27M), and Office Machine Parts ($1.08M). Over the past 5 years the exports of Chile to Bulgaria have increased at an annualized rate of 32.3%,  from $37.2M in 2018 to $151M in 2023.

In 2023, Chile did not export any services to Bulgaria.

Comparison: In 2023,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B). That same year, Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bulgaria exported $26.3M to Chile. The main products exported from Bulgaria to Chile were Nitrogenous Fertilizers ($6.65M), Packaged Medicaments ($2.1M), and Medical Instruments ($1.64M). During the last 5 years the exports of Bulgaria to Chile have increased at an annualized rate of 13.2%, from $14.2M in 2018 to $26.3M in 2023.

In 2018, Chile exported $151M to Bulgaria. The main products exported from Chile to Bulgaria were Copper Ore ($145M), Processed Crustaceans ($1.27M), and Office Machine Parts ($1.08M). During the last 5 years the exports of Chile to Bulgaria have increased at an annualized rate of 32.3%, from $37.2M in 2023 to $151M in 2018.

Exports from Bulgaria (Flag) to Chile (Flag) (2023)

Exports from Chile (Flag) to Bulgaria (Flag) (2023)

Latest Data

Trade between Bulgaria (Flag) and Chile (Flag)

Bulgaria Exports

Chile Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.84B
Chile
Top Destination
China$38.2B

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

In 2023, countries that imported more from Bulgaria than Chile included Germany ($6.84B), Romania ($5.63B), and Italy ($4.06B).

In 2023, countries that imported more from Chile than Bulgaria included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

Difference in imports from Chile (Flag) and Bulgaria (Flag) (2023)

Comparative Advantage Bulgaria - Chile

Flow
Scale

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

During 2023, Bulgaria had a large net trade with Chile in the exports of Chemical Products ($12.1M), Instruments ($4.41M), and Machines ($2.48M).

During 2018, Chile had a large net trade with Bulgaria in the exports of Mineral Products ($145M), Foodstuffs ($2.88M), and Machines ($1.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bulgaria Chile+$1.87MPackaged Medicaments
Top Product Potential Chile Bulgaria+$6.47MCopper Ore

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Bulgaria (Flag) and Chile (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with