2023
Flag
 GDP
$102BCURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP GROWTH
83.4%CURRENT US$
Rnk 30 / 195
2023
Flag
GDP PC
$15,886CURRENT US$
Rnk 72 / 196
2013-2023
Flag
GDP PC GROWTH
107%CURRENT US$
Rnk 6 / 195

About

Chinese Taipei-Bulgaria Trade: In 2023, Chinese Taipei exported $173M to Bulgaria. The main products that Chinese Taipei exported to Bulgaria were Bi-Wheel Vehicle Parts ($52.7M), Metal Lathes ($15.4M), and Integrated Circuits ($12.3M). Over the past 5 years the exports of Chinese Taipei to Bulgaria have increased at an annualized rate of 4.62%, from $138M in 2018 to $173M in 2023.

In 2023, Chinese Taipei did not export any services to Bulgaria.

Bulgaria-Chinese Taipei Trade: In 2023, Bulgaria exported $132M to Chinese Taipei. The main products that Bulgaria exported to Chinese Taipei were Electric Batteries ($78.8M), Packaged Medicaments ($6.59M), and Medical Instruments ($4.73M). Over the past 5 years the exports of Bulgaria to Chinese Taipei have increased at an annualized rate of 24.6%,  from $44.1M in 2018 to $132M in 2023.

In 2023, Bulgaria did not export any services to Chinese Taipei.

Comparison: In 2023,  Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B). That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chinese Taipei exported $173M to Bulgaria. The main products exported from Chinese Taipei to Bulgaria were Bi-Wheel Vehicle Parts ($52.7M), Metal Lathes ($15.4M), and Integrated Circuits ($12.3M). During the last 5 years the exports of Chinese Taipei to Bulgaria have increased at an annualized rate of 4.62%, from $138M in 2018 to $173M in 2023.

In 2018, Bulgaria exported $132M to Chinese Taipei. The main products exported from Bulgaria to Chinese Taipei were Electric Batteries ($78.8M), Packaged Medicaments ($6.59M), and Medical Instruments ($4.73M). During the last 5 years the exports of Bulgaria to Chinese Taipei have increased at an annualized rate of 24.6%, from $44.1M in 2023 to $132M in 2018.

Exports from Chinese Taipei (Flag) to Bulgaria (Flag) (2023)

Exports from Bulgaria (Flag) to Chinese Taipei (Flag) (2023)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Bulgaria
Top Destination
Germany$6.84B

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

In 2023, countries that imported more from Chinese Taipei than Bulgaria included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

In 2023, countries that imported more from Bulgaria than Chinese Taipei included Romania ($5.63B), Greece ($3.04B), and Italy ($4.06B).

Difference in imports from Bulgaria (Flag) and Chinese Taipei (Flag) (2023)

Comparative Advantage Chinese Taipei - Bulgaria

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Bulgaria in the exports of Machines ($82.6M), Transportation ($53.9M), and Metals ($15M).

During 2018, Bulgaria had a large net trade with Chinese Taipei in the exports of Machines ($92.6M), Chemical Products ($10.1M), and Instruments ($6.13M).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Bulgaria (Flag) (2023)

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