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2023
Flag → Flag
Exports $428MRnk 67 / 221
2023
Flag → Flag
Top Product $376MCopper Ore
2023
Flag → Flag
Exports $88.7MRnk 59 / 200
2023
Flag → Flag
Top Product $11.1MMedical Instruments
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.69Rnk 38 / 132
2023
Flag  
GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
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GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP$102BCURRENT US$
Rnk 69 / 195
2013-2023
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GDP GROWTH83.4%CURRENT US$
Rnk 30 / 195
2023
Flag
GDP PC $10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC$15,886CURRENT US$
Rnk 72 / 196
2013-2023
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GDP PC GROWTH107%CURRENT US$
Rnk 6 / 195

About

Brazil-Bulgaria Trade: In 2023, Brazil exported $428M to Bulgaria. The main products that Brazil exported to Bulgaria were Copper Ore ($376M), Coffee ($20M), and Raw Tobacco ($8.88M). Over the past 5 years the exports of Brazil to Bulgaria have increased at an annualized rate of 51.7%, from $53.2M in 2018 to $428M in 2023.

In 2023, Brazil did not export any services to Bulgaria.

Bulgaria-Brazil Trade: In 2023, Bulgaria exported $88.7M to Brazil. The main products that Bulgaria exported to Brazil were Medical Instruments ($11.1M), Electrical Control Boards ($6.68M), and Animal Food ($6.24M). Over the past 5 years the exports of Bulgaria to Brazil have increased at an annualized rate of 7.88%,  from $60.7M in 2018 to $88.7M in 2023.

In 2020, Bulgaria exported services to Brazil worth $6.62M, with Transportation ($2.51M), Travel ($1.37M), and Computer and information services ($1.14M) being the largest in terms of value.

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B).

Latest Trends

January, 2025

About

Overview In January 2025, Brazil exported $69M and imported $9.51M from Bulgaria, resulting in a positive trade balance of $59.5M. Between January 2024 and January 2025 the exports of Brazil have increased by $43.4M (169%) from $25.6M to $69M, while imports increased by $2.07M (27.9%) from $7.44M to $9.51M.

Trade In January 2025, the top exports of Brazil to Bulgaria were Copper Ore ($22.4M), Iron Pipes ($1.04M), Coffee and Tea Extracts ($715k), Animal Meal and Pellets ($519k), and Raw Tobacco ($474k). In January 2025 the top imports of Brazil from Bulgaria were Low-voltage Protection Equipment ($761k), Animal Food ($750k), Medical Instruments ($578k), Engine Parts ($568k), and Enzymes ($557k).

Origins In January 2025 the exports of Brazil were mainly from Pará ($67.7M), São Paulo ($691k), Rio Grande do Sul ($273k), Minas Gerais ($127k), and Paraná ($81.8k), while imports destinations were mainly São Paulo ($7.27M), Paraná ($560k), Minas Gerais ($529k), Santa Catarina ($445k), and Rio Grande do Sul ($284k).

Growth In January 2025, the increase in Brazil's year-by-year exports to Bulgaria was explained primarily by an increase in product exports in Electrical Capacitors ($17.8k or 1.1k%), Other Plastic Products ($2k or 33%), and Knit Active Wear ($33 or 37.5%). In January 2025, the increase in Brazil's year-by-year imports  from Bulgaria was explained primarily by an increase in product imports  in Medical Instruments ($448k or 345%), Enzymes ($395k or 244%), and Low-voltage Protection Equipment ($389k or 105%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2024 - January 2025)$43.4M(169%)
IMPORT GROWTH (January 2024 - January 2025)$2.07M(27.9%)
MAIN EXPORTER (January 2025)Pará$67.7M

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Bulgaria and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Bulgaria and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $428M to Bulgaria. The main products exported from Brazil to Bulgaria were Copper Ore ($376M), Coffee ($20M), and Raw Tobacco ($8.88M). During the last 5 years the exports of Brazil to Bulgaria have increased at an annualized rate of 51.7%, from $53.2M in 2018 to $428M in 2023.

In 2018, Bulgaria exported $88.7M to Brazil. The main products exported from Bulgaria to Brazil were Medical Instruments ($11.1M), Electrical Control Boards ($6.68M), and Animal Food ($6.24M). During the last 5 years the exports of Bulgaria to Brazil have increased at an annualized rate of 7.88%, from $60.7M in 2023 to $88.7M in 2018.

Exports from Brazil (Flag) to Bulgaria (Flag) (2023)

Exports from Bulgaria (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Bulgaria
Top DestinationGermany$6.84B

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

In 2023, countries that imported more from Brazil than Bulgaria included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, countries that imported more from Bulgaria than Brazil included Romania ($5.63B), Greece ($3.04B), and Czechia ($1.19B).

Difference in imports from Bulgaria (Flag) and Brazil (Flag) (2023)

Comparative Advantage Brazil - Bulgaria

Flow
Scale

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

During 2023, Brazil had a large net trade with Bulgaria in the exports of Mineral Products ($376M), Vegetable Products ($21.6M), and Foodstuffs ($15.9M).

During 2018, Bulgaria had a large net trade with Brazil in the exports of Machines ($36.1M), Instruments ($15.1M), and Chemical Products ($9.52M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Bulgaria+$10.5MRaw Sugar
Top Product Potential Bulgaria Brazil+$6.23MMotor vehicles; parts and accessories (8701 to 8705)

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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Bilateral Service Trade

In 2020, Bulgaria exported services to Brazil worth $6.62M, with Transportation ($2.51M), Travel ($1.37M), and Computer and information services ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bulgaria (Flag) to Brazil (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Brazil (Flag) and Bulgaria (Flag) (2023)

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