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2022
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Exports $1.2BRnk 13 / 206
2022
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Top Product $877MRefined Petroleum
2022
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Exports $1.48BRnk 11 / 191
2022
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Top Product $432MSunflower Seeds
2022
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Economic Complexity (ECI) ECI 0.68Rnk 38 / 133
2022
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Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
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GDP$89BCURRENT US$
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2012-2022
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GDP GROWTH64%CURRENT US$
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2022
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 GDP$161BCURRENT US$
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2012-2022
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GDP GROWTH-12.1%CURRENT US$
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2022
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GDP PC $13,772CURRENT US$
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2012-2022
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GDP PC GROWTH85.3%CURRENT US$
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2022
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GDP PC$4,534CURRENT US$
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2012-2022
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GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186

About

Bulgaria-Ukraine In 2022, Bulgaria exported $1.2B to Ukraine. The main products that Bulgaria exported to Ukraine are Refined Petroleum ($877M), Packaged Medicaments ($29.6M), and Nitrogenous Fertilizers ($17.9M). During the last 26 years the exports of Bulgaria to Ukraine have increased at an annualized rate of 7.68%, from $176M in 1996 to $1.2B in 2022.

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

Ukraine-Bulgaria 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). During the last 26 years the exports of Ukraine to Bulgaria have increased at an annualized rate of 9.27%, from $148M in 1996 to $1.48B in 2022.

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

Comparison In 2022,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B). That same year, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $1.2B to Ukraine. The main products exported from Bulgaria to Ukraine were Refined Petroleum ($877M), Packaged Medicaments ($29.6M), and Nitrogenous Fertilizers ($17.9M). During the last 26 years the exports of Bulgaria to Ukraine have increased at an annualized rate of 7.68%, from $176M in 1996 to $1.2B in 2022.

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 26 years the exports of Ukraine to Bulgaria have increased at an annualized rate of 9.27%, from $148M in 1996 to $1.48B in 2022.

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

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

Latest Data

Trade between Bulgaria (Flag) and Ukraine (Flag)

Bulgaria Exports

Ukraine Exports

Market Competitiveness

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

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

In 2021, countries that imported more from Bulgaria than Ukraine were Germany ($6.91B), Greece ($2.93B), and Romania ($6.55B).

In 2021, countries that imported more from Ukraine than Bulgaria were Poland ($6.7B), China ($2.6B), and Hungary ($2.28B).

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

Comparative Advantage Bulgaria - Ukraine

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Ukraine in the exports of Mineral Products ($891M), Chemical Products ($93.8M), and Machines ($58.3M).

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).

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 Bulgaria has comparative advantage over Ukraine. Similarly, the more yellow a dot/product is, the more Ukraine has comparative advantage over Bulgaria.

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

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