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2022
Flag → Flag
Exports $1.48BRnk 11 / 191
2022
Flag → Flag
Top Product $432MSunflower Seeds
2022
Flag → Flag
Exports $87.2kRnk 13 / 206
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.68Rnk 38 / 133
2022
Flag  
GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
 GDP$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH64%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC $4,534CURRENT US$
Rnk 115 / 186
2012-2022
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GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186
2022
Flag
GDP PC$13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH85.3%CURRENT US$
Rnk 13 / 186

About

Ukraine-Bulgaria Trade: In 2022, Ukraine exported $1.48B to Bulgaria. The main products that Ukraine exported to Bulgaria were Sunflower Seeds ($432M), Semi-Finished Iron ($314M), and Seed Oils ($284M). Over the past 5 years the exports of Ukraine to Bulgaria have increased at an annualized rate of 25.9%, from $469M in 2017 to $1.48B in 2022.

In 2022, Ukraine did not export any services to Bulgaria.

Bulgaria-Ukraine In N/A, Bulgaria did not export any products to Ukraine.

In 2022, Bulgaria did not export any services to Ukraine.

Comparison: In 2022,  Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). 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, Ukraine exported $1.48B to Bulgaria. The main products exported from Ukraine to Bulgaria were Sunflower Seeds ($432M), Semi-Finished Iron ($314M), and Seed Oils ($284M). During the last 5 years the exports of Ukraine to Bulgaria have increased at an annualized rate of 25.9%, from $469M in 2017 to $1.48B in 2022.

Bulgaria does not register exports to Ukraine.

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

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

Latest Data

Trade between Ukraine (Flag) and Bulgaria (Flag)

Ukraine Exports

Bulgaria Exports

Market Competitiveness

Color
Ukraine
Top DestinationPoland$6.7B
Bulgaria
Top DestinationGermany$6.91B

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

In 2022, countries that imported more from Ukraine than Bulgaria included Poland ($6.7B), China ($2.6B), and Hungary ($2.28B).

In 2022, countries that imported more from Bulgaria than Ukraine included Germany ($6.91B), Greece ($2.93B), and Romania ($6.55B).

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

Comparative Advantage Ukraine - Bulgaria

Flow
Scale

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

During 2022, Ukraine had a large net trade with Bulgaria in the exports of Metals ($483M), Vegetable Products ($462M), and Animal and Vegetable Bi-Products ($293M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Bulgaria+$5.12MCorn
Top Product Potential Bulgaria Ukraine+$12.5MPetroleum Gas

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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Economic Complexity

Competitive Landscape

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

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

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