2022
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GDP
$89BCURRENT US$
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2012-2022
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GDP GROWTH
64%CURRENT US$
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2022
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 GDP
$40.8BCURRENT US$
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2012-2022
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GDP GROWTH
88.1%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
$1,337CURRENT US$
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2012-2022
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GDP PC GROWTH
68.3%CURRENT US$
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About

Bulgaria-Nepal In 2022, Bulgaria exported $923k to Nepal. The main products that Bulgaria exported to Nepal are Other Sugars ($130k), Other Edible Animal Products ($122k), and Special Pharmaceuticals ($114k). During the last 23 years the exports of Bulgaria to Nepal have increased at an annualized rate of 1.64%, from $635k in 1999 to $923k in 2022.

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

Nepal-Bulgaria In 2022, Nepal exported $86k to Bulgaria. The main products that Nepal exported to Bulgaria were Non-Knit Women's Suits ($38.4k), Non-Knit Active Wear ($8.64k), and Uncoated Paper ($8.45k). During the last 23 years the exports of Nepal to Bulgaria have increased at an annualized rate of 12.9%, from $5.29k in 1999 to $86k in 2022.

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

Comparison In 2022,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68),  and 60 in total exports ($51.9B). That same year, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $923k to Nepal. The main products exported from Bulgaria to Nepal were Other Sugars ($130k), Other Edible Animal Products ($122k), and Special Pharmaceuticals ($114k). During the last 23 years the exports of Bulgaria to Nepal have increased at an annualized rate of 1.64%, from $635k in 1999 to $923k in 2022.

In 2022, Nepal exported $86k to Bulgaria. The main products exported from Nepal to Bulgaria were Non-Knit Women's Suits ($38.4k), Non-Knit Active Wear ($8.64k), and Uncoated Paper ($8.45k). During the last 23 years the exports of Nepal to Bulgaria have increased at an annualized rate of 12.9%, from $5.29k in 1999 to $86k in 2022.

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

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

Latest Data

Trade between Bulgaria (Flag) and Nepal (Flag)

Bulgaria Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
Nepal
Top Destination
India$956M

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

In 2021, countries that imported more from Bulgaria than Nepal were Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

In 2021, countries that imported more from Nepal than Bulgaria were India ($956M), Central African Republic ($8.88M), and Bhutan ($3.99M).

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

Comparative Advantage Bulgaria - Nepal

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Nepal in the exports of Foodstuffs ($224k), Machines ($148k), and Chemical Products ($133k).

During 2022, Nepal had a large net trade with Bulgaria in the exports of Textiles ($64.5k), Paper Goods ($8.45k), and Metals ($5.57k).

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

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

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