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2023
Flag → Flag
Exports $87.3MRnk 60 / 200
2023
Flag → Flag
Top Product $15.1MPackaged Medicaments
2023
Flag → Flag
Exports $19.4MRnk 70 / 144
2023
Flag → Flag
Top Product $5.84MPetroleum Gas
2023
Flag
Economic Complexity (ECI) ECI 0.69Rnk 38 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.18Rnk 71 / 132
2023
Flag  
GDP$102BCURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP GROWTH83.4%CURRENT US$
Rnk 30 / 195
2023
Flag
 GDP$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH11%CURRENT US$
Rnk 153 / 195
2023
Flag
GDP PC $15,886CURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP PC GROWTH107%CURRENT US$
Rnk 6 / 195
2023
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GDP PC$12,919CURRENT US$
Rnk 79 / 196
2013-2023
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GDP PC GROWTH-4.15%CURRENT US$
Rnk 158 / 195

About

Bulgaria-Kazakhstan Trade: In 2023, Bulgaria exported $87.3M to Kazakhstan. The main products that Bulgaria exported to Kazakhstan were Packaged Medicaments ($15.1M), Therapeutic Appliances ($5.13M), and Self-adhesive Plastics ($4.52M). Over the past 5 years the exports of Bulgaria to Kazakhstan have increased at an annualized rate of 20%, from $35M in 2018 to $87.3M in 2023.

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

Kazakhstan-Bulgaria Trade: In 2023, Kazakhstan exported $19.4M to Bulgaria. The main products that Kazakhstan exported to Bulgaria were Petroleum Gas ($5.84M), Crude Petroleum ($5.17M), and Coal Briquettes ($1.84M). Over the past 5 years the exports of Kazakhstan to Bulgaria have decreased at an annualized rate of 36.4%,  from $186M in 2018 to $19.4M in 2023.

In 2023, Kazakhstan 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, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bulgaria exported $87.3M to Kazakhstan. The main products exported from Bulgaria to Kazakhstan were Packaged Medicaments ($15.1M), Therapeutic Appliances ($5.13M), and Self-adhesive Plastics ($4.52M). During the last 5 years the exports of Bulgaria to Kazakhstan have increased at an annualized rate of 20%, from $35M in 2018 to $87.3M in 2023.

In 2018, Kazakhstan exported $19.4M to Bulgaria. The main products exported from Kazakhstan to Bulgaria were Petroleum Gas ($5.84M), Crude Petroleum ($5.17M), and Coal Briquettes ($1.84M). During the last 5 years the exports of Kazakhstan to Bulgaria have decreased at an annualized rate of 36.4%, from $186M in 2023 to $19.4M in 2018.

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

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

Latest Data

Trade between Bulgaria (Flag) and Kazakhstan (Flag)

Bulgaria Exports

Kazakhstan Exports

Market Competitiveness

Color
Bulgaria
Top DestinationGermany$6.84B
Kazakhstan
Top DestinationChina$15.2B

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

In 2023, countries that imported more from Bulgaria than Kazakhstan included Germany ($6.84B), Romania ($5.63B), and Poland ($2.11B).

In 2023, countries that imported more from Kazakhstan than Bulgaria included China ($15.2B), United Kingdom ($14.3B), and Russia ($9.78B).

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

Comparative Advantage Bulgaria - Kazakhstan

Flow
Scale

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

During 2023, Bulgaria had a large net trade with Kazakhstan in the exports of Machines ($20.9M), Chemical Products ($20.1M), and Instruments ($15.6M).

During 2018, Kazakhstan had a large net trade with Bulgaria in the exports of Mineral Products ($14.4M), Machines ($1.51M), and Vegetable Products ($1.22M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bulgaria Kazakhstan+$6.19MPackaged Medicaments
Top Product Potential Kazakhstan Bulgaria+$53.6MCrude Petroleum

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 Bulgaria and Kazakhstan. This means that a dot/product with the flag of Bulgaria indicates it has a comparative advantage over Kazakhstan. Similarly, a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Bulgaria.

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

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