Bulgaria (BGR) and Uzbekistan (UZB) Trade | The Observatory of Economic Complexity

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Bulgaria-Uzbekistan Trade: In 2022, Bulgaria exported $36M to Uzbekistan. The main products that Bulgaria exported to Uzbekistan were Packaged Medicaments ($15.9M), Medical Instruments ($2.07M), and Orthopedic Appliances ($2.07M). Over the past 5 years the exports of Bulgaria to Uzbekistan have increased at an annualized rate of 17.6%, from $16M in 2017 to $36M in 2022.

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

Uzbekistan-Bulgaria Trade: In 2022, Uzbekistan exported $41.6M to Bulgaria. The main products that Uzbekistan exported to Bulgaria were Nitrogenous Fertilizers ($30.7M), Copper Ore ($4.15M), and Non-Retail Pure Cotton Yarn ($2.08M). Over the past 5 years the exports of Uzbekistan to Bulgaria have increased at an annualized rate of 59.4%, from $4.04M in 2017 to $41.6M in 2022.

In 2022, Uzbekistan 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, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bulgaria exported $36M to Uzbekistan. The main products exported from Bulgaria to Uzbekistan were Packaged Medicaments ($15.9M), Medical Instruments ($2.07M), and Orthopedic Appliances ($2.07M). During the last 5 years the exports of Bulgaria to Uzbekistan have increased at an annualized rate of 17.6%, from $16M in 2017 to $36M in 2022.

In 2017, Uzbekistan exported $41.6M to Bulgaria. The main products exported from Uzbekistan to Bulgaria were Nitrogenous Fertilizers ($30.7M), Copper Ore ($4.15M), and Non-Retail Pure Cotton Yarn ($2.08M). During the last 5 years the exports of Uzbekistan to Bulgaria have increased at an annualized rate of 59.4%, from $4.04M in 2022 to $41.6M in 2017.

Exports from Bulgaria () to Uzbekistan () (2022)

Exports from Uzbekistan () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Uzbekistan ()

Bulgaria Exports

Date

Uzbekistan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bulgaria
Top DestinationGermany$6.91B

Uzbekistan
Top DestinationSwitzerland$4.29B

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

In 2022, countries that imported more from Bulgaria than Uzbekistan included Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

In 2022, countries that imported more from Uzbekistan than Bulgaria included Switzerland ($4.29B), Russia ($2.6B), and Kazakhstan ($1.25B).

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

Comparative Advantage Bulgaria - Uzbekistan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bulgaria had a large net trade with Uzbekistan in the exports of Chemical Products ($18.2M), Machines ($8.54M), and Instruments ($5.03M).

During 2017, Uzbekistan had a large net trade with Bulgaria in the exports of Chemical Products ($31M), Mineral Products ($4.19M), and Metals ($3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bulgaria Uzbekistan+$3.79MPackaged Medicaments

Top Product Potential Uzbekistan Bulgaria+$904kNon-Retail Pure Cotton Yarn

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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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bulgaria () to Uzbekistan () (2022)

Exports from Uzbekistan () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Uzbekistan ()

Bulgaria Exports

Uzbekistan Exports

Market Competitiveness

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

Comparative Advantage Bulgaria - Uzbekistan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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