2023
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GDP
$102BCURRENT US$
Rnk 69 / 195
2013-2023
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GDP GROWTH
83.4%CURRENT US$
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2023
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 GDP
$69.1BCURRENT US$
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2013-2023
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GDP GROWTH
44.5%CURRENT US$
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2023
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GDP PC 
$15,886CURRENT US$
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2013-2023
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GDP PC GROWTH
107%CURRENT US$
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2023
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GDP PC
$32,610CURRENT US$
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2013-2023
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GDP PC GROWTH
40.3%CURRENT US$
Rnk 61 / 195

About

Bulgaria-Slovenia Trade: In 2023, Bulgaria exported $273M to Slovenia. The main products that Bulgaria exported to Slovenia were Raw Lead ($35.5M), Industrial Fatty Acids, Oils and Alcohols ($30.2M), and Refined Petroleum ($24.8M). Over the past 5 years the exports of Bulgaria to Slovenia have increased at an annualized rate of 1.37%, from $255M in 2018 to $273M in 2023.

In 2020, Bulgaria exported services to Slovenia worth $24.9M, with Other business services ($9.48M), Transportation ($7.2M), and Communications services ($3.2M) being the largest in terms of value.

Slovenia-Bulgaria Trade: In 2023, Slovenia exported $492M to Bulgaria. The main products that Slovenia exported to Bulgaria were Packaged Medicaments ($140M), Cars ($57.5M), and Vaccines, blood, antisera, toxins and cultures ($31.1M). Over the past 5 years the exports of Slovenia to Bulgaria have increased at an annualized rate of 3.02%,  from $288M in 2018 to $492M in 2023.

In 2020, Slovenia exported services to Bulgaria worth $58.5M, with Communications services ($22.2M), Other business services ($18.6M), and Travel ($5.25M) being the largest in terms of value.

Comparison: In 2023,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B). That same year, Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bulgaria exported $273M to Slovenia. The main products exported from Bulgaria to Slovenia were Raw Lead ($35.5M), Industrial Fatty Acids, Oils and Alcohols ($30.2M), and Refined Petroleum ($24.8M). During the last 5 years the exports of Bulgaria to Slovenia have increased at an annualized rate of 1.37%, from $255M in 2018 to $273M in 2023.

In 2018, Slovenia exported $492M to Bulgaria. The main products exported from Slovenia to Bulgaria were Packaged Medicaments ($140M), Cars ($57.5M), and Vaccines, blood, antisera, toxins and cultures ($31.1M). During the last 5 years the exports of Slovenia to Bulgaria have increased at an annualized rate of 3.02%, from $288M in 2023 to $492M in 2018.

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

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

Latest Data

Trade between Bulgaria (Flag) and Slovenia (Flag)

Bulgaria Exports

Slovenia Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.84B
Slovenia
Top Destination
Switzerland$13.5B

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

In 2023, countries that imported more from Bulgaria than Slovenia included Romania ($5.63B), Greece ($3.04B), and Turkey ($2.73B).

In 2023, countries that imported more from Slovenia than Bulgaria included Switzerland ($13.5B), Croatia ($4.85B), and Austria ($3.38B).

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

Comparative Advantage Bulgaria - Slovenia

Flow
Scale

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

During 2023, Bulgaria had a large net trade with Slovenia in the exports of Machines ($64.8M), Metals ($59.2M), and Chemical Products ($41.1M).

During 2018, Slovenia had a large net trade with Bulgaria in the exports of Chemical Products ($194M), Machines ($88.8M), and Transportation ($79M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bulgaria Slovenia+$15.2MRefined Petroleum
Top Product Potential Slovenia Bulgaria+$11MCars

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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Bilateral Service Trade

In 2020, Bulgaria exported services to Slovenia worth $24.9M, with Other business services ($9.48M), Transportation ($7.2M), and Communications services ($3.2M) being the largest in terms of value.

In 2020, Slovenia exported services to Bulgaria worth $58.5M, with Communications services ($22.2M), Other business services ($18.6M), and Travel ($5.25M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bulgaria and Slovenia. This means that a dot/product with the flag of Bulgaria indicates it has a comparative advantage over Slovenia. Similarly, a dot/product with the flag of Slovenia indicates it has a comparative advantage over Bulgaria.

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

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