2022
Flag  
GDP
$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH
64%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC 
$13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH
85.3%CURRENT US$
Rnk 13 / 186

About

Bulgaria-Chinese Taipei Trade: In 2022, Bulgaria exported $64.2M to Chinese Taipei. The main products that Bulgaria exported to Chinese Taipei were Electric Batteries ($15.2M), Packaged Medicaments ($5.81M), and Refined Copper ($4.86M). Over the past 5 years the exports of Bulgaria to Chinese Taipei have increased at an annualized rate of 8.74%, from $42.3M in 2017 to $64.2M in 2022.

In 2022, Bulgaria did not export any services to Chinese Taipei.

Chinese Taipei-Bulgaria Trade: In 2022, Chinese Taipei exported $249M to Bulgaria. The main products that Chinese Taipei exported to Bulgaria were Bi-Wheel Vehicle Parts ($89.7M), Integrated Circuits ($32M), and Office Machine Parts ($11.2M). Over the past 5 years the exports of Chinese Taipei to Bulgaria have increased at an annualized rate of 7.76%,  from $118M in 2017 to $249M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $64.2M to Chinese Taipei. The main products exported from Bulgaria to Chinese Taipei were Electric Batteries ($15.2M), Packaged Medicaments ($5.81M), and Refined Copper ($4.86M). During the last 5 years the exports of Bulgaria to Chinese Taipei have increased at an annualized rate of 8.74%, from $42.3M in 2017 to $64.2M in 2022.

In 2017, Chinese Taipei exported $249M to Bulgaria. The main products exported from Chinese Taipei to Bulgaria were Bi-Wheel Vehicle Parts ($89.7M), Integrated Circuits ($32M), and Office Machine Parts ($11.2M). During the last 5 years the exports of Chinese Taipei to Bulgaria have increased at an annualized rate of 7.76%, from $118M in 2022 to $249M in 2017.

Exports from Bulgaria (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Bulgaria (Flag) (2022)

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
Chinese Taipei
Top Destination
China$121B

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

In 2022, countries that imported more from Bulgaria than Chinese Taipei included Romania ($6.55B), Greece ($2.93B), and Serbia ($1.29B).

In 2022, countries that imported more from Chinese Taipei than Bulgaria included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei (Flag) and Bulgaria (Flag) (2022)

Comparative Advantage Bulgaria - Chinese Taipei

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Chinese Taipei in the exports of Machines ($23.9M), Metals ($9.89M), and Chemical Products ($8.76M).

During 2017, Chinese Taipei had a large net trade with Bulgaria in the exports of Machines ($117M), Transportation ($90.4M), and Metals ($17.8M).

Economic Complexity

Competitive Landscape

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

Product Space of Bulgaria (Flag) and Chinese Taipei (Flag) (2022)

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