Greenland (GRL) and Bulgaria (BGR) Trade | The Observatory of Economic Complexity

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Greenland-Bulgaria Trade: In 2021, Greenland exported $61k to Bulgaria. The main products that Greenland exported to Bulgaria were N/A. Over the past 14 years the exports of Greenland to Bulgaria have increased at an annualized rate of 6.31%, from $25.9k in 2007 to $61k in 2021.

In 2021, Greenland did not export any services to Bulgaria.

Bulgaria-Greenland Trade: In 2021, Bulgaria exported $110 to Greenland. The main products that Bulgaria exported to Greenland were Jewellery ($110). Over the past 14 years the exports of Bulgaria to Greenland have decreased at an annualized rate of 69.9%, from $44.4k in 2007 to $110 in 2021.

In 2021, Bulgaria did not export any services to Greenland.

Comparison In 2022, Greenland ranked 152 in total exports ($1.49B), 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 2021, Greenland exported $61k to Bulgaria. There were not main exports from Greenland to Bulgaria in 2021. During the last 14 years the exports of Greenland to Bulgaria have increased at an annualized rate of 6.31%, from $25.9k in 2007 to $61k in 2021.

In 2017, Bulgaria exported $110 to Greenland. The main products exported from Bulgaria to Greenland were Jewellery ($110). During the last 5 years the exports of Bulgaria to Greenland have decreased at an annualized rate of 69.9%, from $44.4k in 2022 to $110 in 2017.

Exports from Greenland () to Bulgaria () (2022)

Exports from Bulgaria () to Greenland () (2022)

Latest Data

Trade between Greenland () and Bulgaria ()

Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greenland
Top DestinationDenmark$731M

Bulgaria
Top DestinationGermany$6.91B

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

In 2022, countries that imported more from Greenland than Bulgaria included Denmark ($731M) and Iceland ($18.9M).

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

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

Comparative Advantage Greenland - Bulgaria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Greenland had a large net trade with Bulgaria in the exports of .

During 2017, Bulgaria had a large net trade with Greenland in the exports of Precious Metals ($110).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Greenland () to Bulgaria () (2022)

Exports from Bulgaria () to Greenland () (2022)

Latest Data

Trade between Greenland () and Bulgaria ()

Bulgaria Exports

Market Competitiveness

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

Comparative Advantage Greenland - Bulgaria

Economic Complexity

Competitive Landscape

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

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