2022
Flag  
GDP
$89BCURRENT US$
Rnk 70 / 186
2012-2022
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GDP GROWTH
64%CURRENT US$
Rnk 37 / 186
2022
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 GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC 
$13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH
85.3%CURRENT US$
Rnk 13 / 186
2022
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GDP PC
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

Bulgaria-Colombia In 2022, Bulgaria exported $19.6M to Colombia. The main products that Bulgaria exported to Colombia are Video and Card Games ($2.63M), Other Iron Products ($2.61M), and Preserved Fruits and Nuts ($2.46M). During the last 27 years the exports of Bulgaria to Colombia have increased at an annualized rate of 1.12%, from $14.5M in 1995 to $19.6M in 2022.

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

Colombia-Bulgaria In 2022, Colombia exported $1.62M to Bulgaria. The main products that Colombia exported to Bulgaria were Video and Card Games ($432k), Bananas ($221k), and Mixed Mineral or Chemical Fertilizers ($137k). During the last 27 years the exports of Colombia to Bulgaria have increased at an annualized rate of 8.8%, from $166k in 1995 to $1.62M in 2022.

In 2022, Colombia 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, Colombia ranked 57 in the Economic Complexity Index (ECI 0.094), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $19.6M to Colombia. The main products exported from Bulgaria to Colombia were Video and Card Games ($2.63M), Other Iron Products ($2.61M), and Preserved Fruits and Nuts ($2.46M). During the last 27 years the exports of Bulgaria to Colombia have increased at an annualized rate of 1.12%, from $14.5M in 1995 to $19.6M in 2022.

In 2022, Colombia exported $1.62M to Bulgaria. The main products exported from Colombia to Bulgaria were Video and Card Games ($432k), Bananas ($221k), and Mixed Mineral or Chemical Fertilizers ($137k). During the last 27 years the exports of Colombia to Bulgaria have increased at an annualized rate of 8.8%, from $166k in 1995 to $1.62M in 2022.

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

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

Latest Data

Trade between Bulgaria (Flag) and Colombia (Flag)

Bulgaria Exports

Colombia Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
Colombia
Top Destination
United States$15.6B

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

In 2021, countries that imported more from Bulgaria than Colombia were Romania ($6.55B), Germany ($6.91B), and Greece ($2.93B).

In 2021, countries that imported more from Colombia than Bulgaria were United States ($15.6B), Panama ($5.84B), and Brazil ($2.39B).

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

Comparative Advantage Bulgaria - Colombia

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Colombia in the exports of Machines ($3.44M), Miscellaneous ($3.08M), and Vegetable Products ($2.91M).

During 2022, Colombia had a large net trade with Bulgaria in the exports of Miscellaneous ($432k), Vegetable Products ($374k), and Machines ($226k).

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

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

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