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
$89BCURRENT US$
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2012-2022
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GDP GROWTH
64%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 GROWTH
13.2%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 GROWTH
85.3%CURRENT US$
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About

Ukraine-Bulgaria In 2022, Ukraine exported $1.48B to Bulgaria. The main products that Ukraine exported to Bulgaria are 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.

Bulgaria-Ukraine In 2022, Bulgaria exported $1.2B to Ukraine. The main products that Bulgaria exported 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, Bulgaria did not export any services to Ukraine.

Comparison In 2022,  Ukraine ranked 43 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). 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, 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.

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.

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

In 2021, countries that imported more from Bulgaria than Ukraine were 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).

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).

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

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

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