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2022
Flag → Flag
Exports $65.1MRnk 65 / 206
2022
Flag → Flag
Top Product $11.3MIntegrated Circuits
2022
Flag → Flag
Exports $175MRnk 74 / 152
2022
Flag → Flag
Top Product $18.7MLarge Flat-Rolled Stainless Steel
2022
Flag
Economic Complexity (ECI) ECI 0.68Rnk 38 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
Flag  
GDP$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH64%CURRENT US$
Rnk 37 / 186
2022
Flag
 GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH109%CURRENT US$
Rnk 12 / 186
2022
Flag
GDP PC $13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH85.3%CURRENT US$
Rnk 13 / 186
2022
Flag
GDP PC$4,164CURRENT US$
Rnk 120 / 186
2012-2022
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GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186

About

Bulgaria-Vietnam Trade: In 2022, Bulgaria exported $65.1M to Vietnam. The main products that Bulgaria exported to Vietnam were Integrated Circuits ($11.3M), Packaged Medicaments ($9.8M), and Carbonates ($5.04M). Over the past 5 years the exports of Bulgaria to Vietnam have increased at an annualized rate of 0.61%, from $63.2M in 2017 to $65.1M in 2022.

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

Vietnam-Bulgaria Trade: In 2022, Vietnam exported $175M to Bulgaria. The main products that Vietnam exported to Bulgaria were Large Flat-Rolled Stainless Steel ($18.7M), Raw Aluminium ($18.2M), and Bi-Wheel Vehicle Parts ($17.1M). Over the past 5 years the exports of Vietnam to Bulgaria have increased at an annualized rate of 20%,  from $58.4M in 2017 to $175M in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $65.1M to Vietnam. The main products exported from Bulgaria to Vietnam were Integrated Circuits ($11.3M), Packaged Medicaments ($9.8M), and Carbonates ($5.04M). During the last 5 years the exports of Bulgaria to Vietnam have increased at an annualized rate of 0.61%, from $63.2M in 2017 to $65.1M in 2022.

In 2017, Vietnam exported $175M to Bulgaria. The main products exported from Vietnam to Bulgaria were Large Flat-Rolled Stainless Steel ($18.7M), Raw Aluminium ($18.2M), and Bi-Wheel Vehicle Parts ($17.1M). During the last 5 years the exports of Vietnam to Bulgaria have increased at an annualized rate of 20%, from $58.4M in 2022 to $175M in 2017.

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

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

Latest Data

Trade between Bulgaria (Flag) and Vietnam (Flag)

Bulgaria Exports

Market Competitiveness

Color
Bulgaria
Top DestinationGermany$6.91B
Vietnam
Top DestinationUnited States$117B

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

In 2022, countries that imported more from Bulgaria than Vietnam included Romania ($6.55B), Greece ($2.93B), and Turkey ($2.95B).

In 2022, countries that imported more from Vietnam than Bulgaria included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage Bulgaria - Vietnam

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Vietnam in the exports of Chemical Products ($24.8M), Machines ($18.1M), and Foodstuffs ($6.65M).

During 2017, Vietnam had a large net trade with Bulgaria in the exports of Metals ($40.8M), Vegetable Products ($22.2M), and Plastics and Rubbers ($21.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bulgaria Vietnam+$13.8MIntegrated Circuits
Top Product Potential Vietnam Bulgaria+$6.79MTextile Footwear

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

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

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

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