Bulgaria (BGR) and Uruguay (URY) Trade | The Observatory of Economic Complexity

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Bulgaria-Uruguay In 2022, Bulgaria exported $2.89M to Uruguay. The main products that Bulgaria exported to Uruguay are Baked Goods ($369k), Wool Grease ($269k), and Cocoa Powder ($239k). During the last 27 years the exports of Bulgaria to Uruguay have increased at an annualized rate of 2.5%, from $1.48M in 1995 to $2.89M in 2022.

In 2019, Bulgaria exported services to Uruguay worth $0, with being the largest in terms of value.

Uruguay-Bulgaria In 2022, Uruguay exported $7.35M to Bulgaria. The main products that Uruguay exported to Bulgaria were Wool ($6.44M), Prepared Wool or Animal Hair ($638k), and Glues ($228k). During the last 27 years the exports of Uruguay to Bulgaria have increased at an annualized rate of 21.6%, from $37.8k in 1995 to $7.35M in 2022.

In 2022, Uruguay 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, Uruguay ranked 55 in the Economic Complexity Index (ECI 0.12), and 98 in total exports ($12B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bulgaria exported $2.89M to Uruguay. The main products exported from Bulgaria to Uruguay were Baked Goods ($369k), Wool Grease ($269k), and Cocoa Powder ($239k). During the last 27 years the exports of Bulgaria to Uruguay have increased at an annualized rate of 2.5%, from $1.48M in 1995 to $2.89M in 2022.

In 2022, Uruguay exported $7.35M to Bulgaria. The main products exported from Uruguay to Bulgaria were Wool ($6.44M), Prepared Wool or Animal Hair ($638k), and Glues ($228k). During the last 27 years the exports of Uruguay to Bulgaria have increased at an annualized rate of 21.6%, from $37.8k in 1995 to $7.35M in 2022.

Exports from Bulgaria () to Uruguay () (2022)

Exports from Uruguay () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Uruguay ()

Bulgaria Exports

Date

Uruguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bulgaria
Top DestinationGermany$6.91B

Uruguay
Top DestinationChina$2.89B

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

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

In 2021, countries that imported more from Uruguay than Bulgaria were China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

Difference in imports from Uruguay () and Bulgaria () (2022)

Comparative Advantage Bulgaria - Uruguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bulgaria had a large net trade with Uruguay in the exports of Machines ($769k), Foodstuffs ($665k), and Metals ($387k).

During 2022, Uruguay had a large net trade with Bulgaria in the exports of Textiles ($7.08M), Chemical Products ($228k), and Precious Metals ($14.2k).

Service Trade

Bilateral Service Trade

Bgr Year

In 2019, Bulgaria exported services to Uruguay worth $0, with being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bulgaria () to Uruguay () (2019)

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bulgaria () to Uruguay () (2022)

Exports from Uruguay () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Uruguay ()

Bulgaria Exports

Uruguay Exports

Market Competitiveness

Difference in imports from Uruguay () and Bulgaria () (2022)

Comparative Advantage Bulgaria - Uruguay

Service Trade

Bilateral Service Trade

Services Exports from Bulgaria () to Uruguay () (2019)

Economic Complexity

Competitive Landscape

Product Space of Bulgaria () and Uruguay () (2022)

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