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2023
Flag → Flag
Exports $151MRnk 42 / 183
2023
Flag → Flag
Top Product $145MCopper Ore
2023
Flag → Flag
Exports $26.3MRnk 78 / 200
2023
Flag → Flag
Top Product $6.65MNitrogenous Fertilizers
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.69Rnk 38 / 132
2023
Flag  
GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP$102BCURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP GROWTH83.4%CURRENT US$
Rnk 30 / 195
2023
Flag
GDP PC $17,068CURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 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

Chile-Bulgaria Trade: In 2023, Chile exported $151M to Bulgaria. The main products that Chile exported to Bulgaria were Copper Ore ($145M), Processed Crustaceans ($1.27M), and Office Machine Parts ($1.08M). Over the past 5 years the exports of Chile to Bulgaria have increased at an annualized rate of 32.3%, from $37.2M in 2018 to $151M in 2023.

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

Bulgaria-Chile Trade: In 2023, Bulgaria exported $26.3M to Chile. The main products that Bulgaria exported to Chile were Nitrogenous Fertilizers ($6.65M), Packaged Medicaments ($2.1M), and Medical Instruments ($1.64M). Over the past 5 years the exports of Bulgaria to Chile have increased at an annualized rate of 13.2%,  from $14.2M in 2018 to $26.3M in 2023.

In 2020, Bulgaria exported services to Chile worth $685k, with Transportation ($228k), Travel ($228k), and Computer and information services ($114k) being the largest in terms of value.

Comparison: In 2023,  Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B). That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B).

Latest Trends

December, 2024

About

Overview In December 2024, Chile exported $458k and imported $157k from Bulgaria, resulting in a positive trade balance of $302k. Between December 2023 and December 2024 the exports of Chile have decreased by $-22.6M (-98%) from $23.1M to $458k, while imports decreased by $-433k (-73.4%) from $589k to $157k.

Trade In December 2024, the top exports of Chile to Bulgaria were Copper Ore ($26M), Processed Crustaceans ($67.4k), Non-fillet Frozen Fish ($42.4k), and Commodities not elsewhere specified ($407). In December 2024 the top imports of Chile from Bulgaria were Other Pure Vegetable Oils ($553k), Commodities not elsewhere specified ($234k), Beauty Products ($73.6k), Aircraft parts for spacecraft, UAVs, and... ($54k), and Hair Products ($49k).

Origins In December 2024 the exports of Chile were mainly from Las Condes ($188k), Santiago ($122k), Isla De Maipo ($93.6k), Aysén ($32.7k), and Lampa ($15.3k), while imports destinations were mainly Recoleta ($90.7k), Providencia ($27.6k), Las Condes ($25k), Independencia ($10.1k), and Rengo ($3.28k).

Growth In December 2024, the decrease in Chile's year-by-year exports to Bulgaria was explained primarily by an decrease in product exports in Copper Ore ($-6.95M or -21.1%). In December 2024, the decrease in Chile's year-by-year imports  from Bulgaria was explained primarily by an decrease in product imports  in Medical Instruments ($-29.3k or -44.8%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$-22.6M(-98%)
IMPORT GROWTH (December 2023 - December 2024)$-433k(-73.4%)
MAIN EXPORTER (December 2024)Las Condes$188k

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

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

For full datasets download visit Bulk Download page.

Explore Bulgaria and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $151M to Bulgaria. The main products exported from Chile to Bulgaria were Copper Ore ($145M), Processed Crustaceans ($1.27M), and Office Machine Parts ($1.08M). During the last 5 years the exports of Chile to Bulgaria have increased at an annualized rate of 32.3%, from $37.2M in 2018 to $151M in 2023.

In 2018, Bulgaria exported $26.3M to Chile. The main products exported from Bulgaria to Chile were Nitrogenous Fertilizers ($6.65M), Packaged Medicaments ($2.1M), and Medical Instruments ($1.64M). During the last 5 years the exports of Bulgaria to Chile have increased at an annualized rate of 13.2%, from $14.2M in 2023 to $26.3M in 2018.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.2B
Bulgaria
Top DestinationGermany$6.84B

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

In 2023, countries that imported more from Chile than Bulgaria included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

In 2023, countries that imported more from Bulgaria than Chile included Germany ($6.84B), Romania ($5.63B), and Italy ($4.06B).

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

Comparative Advantage Chile - Bulgaria

Flow
Scale

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

During 2023, Chile had a large net trade with Bulgaria in the exports of Mineral Products ($145M), Foodstuffs ($2.88M), and Machines ($1.1M).

During 2018, Bulgaria had a large net trade with Chile in the exports of Chemical Products ($12.1M), Instruments ($4.41M), and Machines ($2.48M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Bulgaria+$6.47MCopper Ore
Top Product Potential Bulgaria Chile+$1.87MPackaged Medicaments

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 Chile worth $685k, with Transportation ($228k), Travel ($228k), and Computer and information services ($114k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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