2022
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GDP
$89BCURRENT US$
Rnk 70 / 186
2012-2022
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GDP GROWTH
64%CURRENT US$
Rnk 37 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
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GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
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GDP PC 
$13,772CURRENT US$
Rnk 64 / 186
2012-2022
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GDP PC GROWTH
85.3%CURRENT US$
Rnk 13 / 186
2022
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GDP PC
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
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GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

Bulgaria-Norway In 2022, Bulgaria exported $95.3M to Norway. The main products that Bulgaria exported to Norway are Sunflower Seeds ($12.2M), Electrical Power Accessories ($7.18M), and Packaged Medicaments ($5.32M). During the last 27 years the exports of Bulgaria to Norway have increased at an annualized rate of 9%, from $9.3M in 1995 to $95.3M in 2022.

In 2020, Bulgaria exported services to Norway worth $19.3M, with Computer and information services ($9.02M), Other business services ($4.23M), and Transportation ($2.51M) being the largest in terms of value.

Norway-Bulgaria In 2022, Norway exported $55.6M to Bulgaria. The main products that Norway exported to Bulgaria were Mixed Mineral or Chemical Fertilizers ($17.7M), Raw Aluminium ($8.99M), and Non-fillet Frozen Fish ($4.73M). During the last 27 years the exports of Norway to Bulgaria have increased at an annualized rate of 6.53%, from $10.1M in 1995 to $55.6M in 2022.

In 2022, Norway 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, Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $95.3M to Norway. The main products exported from Bulgaria to Norway were Sunflower Seeds ($12.2M), Electrical Power Accessories ($7.18M), and Packaged Medicaments ($5.32M). During the last 27 years the exports of Bulgaria to Norway have increased at an annualized rate of 9%, from $9.3M in 1995 to $95.3M in 2022.

In 2022, Norway exported $55.6M to Bulgaria. The main products exported from Norway to Bulgaria were Mixed Mineral or Chemical Fertilizers ($17.7M), Raw Aluminium ($8.99M), and Non-fillet Frozen Fish ($4.73M). During the last 27 years the exports of Norway to Bulgaria have increased at an annualized rate of 6.53%, from $10.1M in 1995 to $55.6M in 2022.

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

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

Latest Data

Trade between Bulgaria (Flag) and Norway (Flag)

Bulgaria Exports

Norway Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
Norway
Top Destination
Germany$78.1B

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

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

In 2021, countries that imported more from Norway than Bulgaria were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Bulgaria - Norway

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Norway in the exports of N/A.

During 2022, Norway had a large net trade with Bulgaria in the exports of Chemical Products ($20.2M), Metals ($10.1M), and Animal Products ($8.71M).

Service Trade

Bilateral Service Trade

In 2020, Bulgaria exported services to Norway worth $19.3M, with Computer and information services ($9.02M), Other business services ($4.23M), and Transportation ($2.51M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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