2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
 GDP
$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH
64%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC
$13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH
85.3%CURRENT US$
Rnk 13 / 186

About

Estonia-Bulgaria Trade: In 2022, Estonia exported $92.3M to Bulgaria. The main products that Estonia exported to Bulgaria were N/A. Over the past 5 years the exports of Estonia to Bulgaria have increased at an annualized rate of 13.5%, from $49.1M in 2017 to $92.3M in 2022.

In 2020, Estonia exported services to Bulgaria worth $17.2M, with Transportation ($9.02M), Other business services ($3.54M), and Travel ($2.4M) being the largest in terms of value.

Bulgaria-Estonia Trade: In 2022, Bulgaria exported $99.5M to Estonia. The main products that Bulgaria exported to Estonia were Silver ($28.6M), Industrial Fatty Acids, Oils and Alcohols ($23.9M), and Explosive Ammunition ($6.07M). Over the past 5 years the exports of Bulgaria to Estonia have increased at an annualized rate of 28.3%,  from $28.6M in 2017 to $99.5M in 2022.

In 2020, Bulgaria exported services to Estonia worth $6.4M, with Computer and information services ($2.17M), Transportation ($1.6M), and Travel ($1.03M) being the largest in terms of value.

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), 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
Value

In 2022, Estonia exported $92.3M to Bulgaria. There were not main exports from Estonia to Bulgaria in 2022. During the last 5 years the exports of Estonia to Bulgaria have increased at an annualized rate of 13.5%, from $49.1M in 2017 to $92.3M in 2022.

In 2017, Bulgaria exported $99.5M to Estonia. The main products exported from Bulgaria to Estonia were Silver ($28.6M), Industrial Fatty Acids, Oils and Alcohols ($23.9M), and Explosive Ammunition ($6.07M). During the last 5 years the exports of Bulgaria to Estonia have increased at an annualized rate of 28.3%, from $28.6M in 2022 to $99.5M in 2017.

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

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

Latest Data

Trade between Estonia (Flag) and Bulgaria (Flag)

Estonia Exports

Bulgaria Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Bulgaria
Top Destination
Germany$6.91B

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

In 2022, countries that imported more from Estonia than Bulgaria included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

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

Comparative Advantage Estonia - Bulgaria

Flow
Scale

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

During 2022, Estonia had a large net trade with Bulgaria in the exports of Precious Metals ($38.7M), Machines ($15.5M), and Plastics and Rubbers ($7.76M).

During 2017, Bulgaria had a large net trade with Estonia in the exports of Precious Metals ($34.7M), Chemical Products ($26.1M), and Machines ($11.5M).

Bilateral Service Trade

In 2020, Estonia exported services to Bulgaria worth $17.2M, with Transportation ($9.02M), Other business services ($3.54M), and Travel ($2.4M) being the largest in terms of value.

In 2020, Bulgaria exported services to Estonia worth $6.4M, with Computer and information services ($2.17M), Transportation ($1.6M), and Travel ($1.03M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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