Belize (BLZ) and Bulgaria (BGR) Trade | The Observatory of Economic Complexity

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Belize-Bulgaria Trade: In 2022, Belize exported $2.96M to Bulgaria. The main products that Belize exported to Bulgaria were Raw Sugar ($2.96M), Video and Card Games ($1.01k), and Electrical Control Boards ($484). Over the past 5 years the exports of Belize to Bulgaria have increased at an annualized rate of 56%, from $320k in 2017 to $2.96M in 2022.

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

Bulgaria-Belize Trade: In 2022, Bulgaria exported $561k to Belize. The main products that Bulgaria exported to Belize were Electric Batteries ($377k), Aluminium Structures ($33.7k), and Electrical Control Boards ($32k). Over the past 5 years the exports of Bulgaria to Belize have decreased at an annualized rate of 9.61%, from $931k in 2017 to $561k in 2022.

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

Comparison In 2022, Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index. That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Belize exported $2.96M to Bulgaria. The main products exported from Belize to Bulgaria were Raw Sugar ($2.96M), Video and Card Games ($1.01k), and Electrical Control Boards ($484). During the last 5 years the exports of Belize to Bulgaria have increased at an annualized rate of 56%, from $320k in 2017 to $2.96M in 2022.

In 2017, Bulgaria exported $561k to Belize. The main products exported from Bulgaria to Belize were Electric Batteries ($377k), Aluminium Structures ($33.7k), and Electrical Control Boards ($32k). During the last 5 years the exports of Bulgaria to Belize have decreased at an annualized rate of 9.61%, from $931k in 2022 to $561k in 2017.

Exports from Belize () to Bulgaria () (2022)

Exports from Bulgaria () to Belize () (2022)

Latest Data

Trade between Belize () and Bulgaria ()

Belize Exports

Date

Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belize
Top DestinationUnited States$86.5M

Bulgaria
Top DestinationGermany$6.91B

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

In 2022, countries that imported more from Belize than Bulgaria included Guatemala ($39.2M), Honduras ($19.9M), and Jamaica ($14.9M).

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

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

Comparative Advantage Belize - Bulgaria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Belize had a large net trade with Bulgaria in the exports of Foodstuffs ($2.96M), Miscellaneous ($1.01k), and Machines ($484).

During 2017, Bulgaria had a large net trade with Belize in the exports of Machines ($475k), Miscellaneous ($42.7k), and Metals ($36.3k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Belize () to Bulgaria () (2022)

Exports from Bulgaria () to Belize () (2022)

Latest Data

Trade between Belize () and Bulgaria ()

Belize Exports

Bulgaria Exports

Market Competitiveness

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

Comparative Advantage Belize - Bulgaria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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