2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
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2022
Flag
 GDP
$89BCURRENT US$
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2012-2022
Flag
GDP GROWTH
64%CURRENT US$
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2022
Flag
GDP PC 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
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2022
Flag
GDP PC
$13,772CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
85.3%CURRENT US$
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About

United Kingdom-Bulgaria In 2022, United Kingdom exported $425M to Bulgaria. The main products that United Kingdom exported to Bulgaria are Gas Turbines ($54M), Hard Liquor ($27.6M), and Large Construction Vehicles ($26.5M). During the last 27 years the exports of United Kingdom to Bulgaria have increased at an annualized rate of 3.92%, from $150M in 1995 to $425M in 2022.

In 2019, United Kingdom exported services to Bulgaria worth $417M, with Travel ($267M), Other business services ($57.4M), and Transportation ($56.1M) being the largest in terms of value.

Bulgaria-United Kingdom In 2022, Bulgaria exported $1.02B to United Kingdom. The main products that Bulgaria exported to United Kingdom were Sunflower Seeds ($63.9M), Packaged Medicaments ($38.7M), and Office Machine Parts ($35.9M). During the last 27 years the exports of Bulgaria to United Kingdom have increased at an annualized rate of 7.05%, from $163M in 1995 to $1.02B in 2022.

In 2020, Bulgaria exported services to United Kingdom worth $729M, with Computer and information services ($239M), Other business services ($239M), and Travel ($105M) being the largest in terms of value.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B). That same year, Bulgaria ranked 37 in the Economic Complexity Index (ECI 0.66), and 60 in total exports ($51.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $425M to Bulgaria. The main products exported from United Kingdom to Bulgaria were Gas Turbines ($54M), Hard Liquor ($27.6M), and Large Construction Vehicles ($26.5M). During the last 27 years the exports of United Kingdom to Bulgaria have increased at an annualized rate of 3.92%, from $150M in 1995 to $425M in 2022.

In 2022, Bulgaria exported $1.02B to United Kingdom. The main products exported from Bulgaria to United Kingdom were Sunflower Seeds ($63.9M), Packaged Medicaments ($38.7M), and Office Machine Parts ($35.9M). During the last 27 years the exports of Bulgaria to United Kingdom have increased at an annualized rate of 7.05%, from $163M in 1995 to $1.02B in 2022.

Exports from United Kingdom (Flag) to Bulgaria (Flag) (2022)

Exports from Bulgaria (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$61.8B
Bulgaria
Top Destination
Germany$6.91B

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

In 2021, countries that imported more from United Kingdom than Bulgaria were United States ($61.8B), Netherlands ($41.9B), and China ($35.4B).

In 2021, countries that imported more from Bulgaria than United Kingdom were Romania ($6.55B), Greece ($2.93B), and Serbia ($1.29B).

Difference in imports from Bulgaria (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Bulgaria

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Bulgaria in the exports of Machines ($167M), Transportation ($70.9M), and Chemical Products ($44.6M).

During 2022, Bulgaria had a large net trade with United Kingdom in the exports of Machines ($215M), Textiles ($146M), and Foodstuffs ($107M).

Service Trade

Bilateral Service Trade

In 2019, United Kingdom exported services to Bulgaria worth $417M, with Travel ($267M), Other business services ($57.4M), and Transportation ($56.1M) being the largest in terms of value.

In 2020, Bulgaria exported services to United Kingdom worth $729M, with Computer and information services ($239M), Other business services ($239M), and Travel ($105M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom (Flag) to Bulgaria (Flag) (2019)

Services Exports from Bulgaria (Flag) to United Kingdom (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more United Kingdom has comparative advantage over Bulgaria. Similarly, the more yellow a dot/product is, the more Bulgaria has comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Bulgaria (Flag) (2022)

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