2022
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GDP
$89BCURRENT US$
Rnk 70 / 186
2012-2022
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GDP GROWTH
64%CURRENT US$
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2022
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 GDP
$395BCURRENT US$
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2012-2022
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GDP GROWTH
20.9%CURRENT US$
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2022
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GDP PC 
$13,772CURRENT US$
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2012-2022
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GDP PC GROWTH
85.3%CURRENT US$
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2022
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GDP PC
$66,983CURRENT US$
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2012-2022
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GDP PC GROWTH
14.5%CURRENT US$
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About

Bulgaria-Denmark In 2022, Bulgaria exported $316M to Denmark. The main products that Bulgaria exported to Denmark are Electricity ($56.6M), Other Furniture ($16.4M), and Motorcycles and cycles ($15.5M). During the last 27 years the exports of Bulgaria to Denmark have increased at an annualized rate of 9.76%, from $25.6M in 1995 to $316M in 2022.

In 2020, Bulgaria exported services to Denmark worth $62.9M, with Computer and information services ($23.5M), Transportation ($16.3M), and Other business services ($12M) being the largest in terms of value.

Denmark-Bulgaria In 2022, Denmark exported $248M to Bulgaria. The main products that Denmark exported to Bulgaria were Packaged Medicaments ($42.5M), Semiconductor Devices ($15.4M), and Pig Meat ($12M). During the last 27 years the exports of Denmark to Bulgaria have increased at an annualized rate of 6.97%, from $40.2M in 1995 to $248M in 2022.

In 2020, Denmark exported services to Bulgaria worth $146M, with Transportation ($85.8M), Travel ($35.4M), and Other business services ($12.7M) being the largest in terms of value.

Comparison In 2022,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B). That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $316M to Denmark. The main products exported from Bulgaria to Denmark were Electricity ($56.6M), Other Furniture ($16.4M), and Motorcycles and cycles ($15.5M). During the last 27 years the exports of Bulgaria to Denmark have increased at an annualized rate of 9.76%, from $25.6M in 1995 to $316M in 2022.

In 2022, Denmark exported $248M to Bulgaria. The main products exported from Denmark to Bulgaria were Packaged Medicaments ($42.5M), Semiconductor Devices ($15.4M), and Pig Meat ($12M). During the last 27 years the exports of Denmark to Bulgaria have increased at an annualized rate of 6.97%, from $40.2M in 1995 to $248M in 2022.

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

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

Latest Data

Trade between Bulgaria (Flag) and Denmark (Flag)

Bulgaria Exports

Denmark Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
Denmark
Top Destination
Germany$18.9B

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

In 2021, countries that imported more from Bulgaria than Denmark were Romania ($6.55B), Greece ($2.93B), and Turkey ($2.95B).

In 2021, countries that imported more from Denmark than Bulgaria were Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

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

Comparative Advantage Bulgaria - Denmark

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Denmark in the exports of Machines ($68.1M), Mineral Products ($58.4M), and Metals ($34.5M).

During 2022, Denmark had a large net trade with Bulgaria in the exports of Machines ($58.8M), Chemical Products ($56.6M), and Animal Products ($43.1M).

Service Trade

Bilateral Service Trade

In 2020, Bulgaria exported services to Denmark worth $62.9M, with Computer and information services ($23.5M), Transportation ($16.3M), and Other business services ($12M) being the largest in terms of value.

In 2020, Denmark exported services to Bulgaria worth $146M, with Transportation ($85.8M), Travel ($35.4M), and Other business services ($12.7M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Denmark (Flag) to Bulgaria (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 Denmark. Similarly, the more yellow a dot/product is, the more Denmark has comparative advantage over Bulgaria.

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

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