Bulgaria (BGR) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Bulgaria-Spain In 2022, Bulgaria exported $1.32B to Spain. The main products that Bulgaria exported to Spain are Seed Oils ($308M), Wheat ($114M), and Sunflower Seeds ($65.7M). During the last 27 years the exports of Bulgaria to Spain have increased at an annualized rate of 9.02%, from $129M in 1995 to $1.32B in 2022.

In 2020, Bulgaria exported services to Spain worth $119M, with Computer and information services ($34.4M), Travel ($33.4M), and Transportation ($31.5M) being the largest in terms of value.

Spain-Bulgaria In 2022, Spain exported $1.22B to Bulgaria. The main products that Spain exported to Bulgaria were Industrial Fatty Acids, Oils and Alcohols ($258M), Pig Meat ($103M), and Cars ($45.5M). During the last 27 years the exports of Spain to Bulgaria have increased at an annualized rate of 14.9%, from $28.8M in 1995 to $1.22B in 2022.

In 2008, Spain exported services to Bulgaria worth $71M, with Services not allocated ($71M) being the largest in terms of value.

Comparison In 2022, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B). That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bulgaria exported $1.32B to Spain. The main products exported from Bulgaria to Spain were Seed Oils ($308M), Wheat ($114M), and Sunflower Seeds ($65.7M). During the last 27 years the exports of Bulgaria to Spain have increased at an annualized rate of 9.02%, from $129M in 1995 to $1.32B in 2022.

In 2022, Spain exported $1.22B to Bulgaria. The main products exported from Spain to Bulgaria were Industrial Fatty Acids, Oils and Alcohols ($258M), Pig Meat ($103M), and Cars ($45.5M). During the last 27 years the exports of Spain to Bulgaria have increased at an annualized rate of 14.9%, from $28.8M in 1995 to $1.22B in 2022.

Exports from Bulgaria () to Spain () (2022)

Exports from Spain () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Spain ()

Bulgaria Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bulgaria
Top DestinationGermany$6.91B

Spain
Top DestinationFrance$65.2B

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

In 2021, countries that imported more from Bulgaria than Spain were Romania ($6.55B), Ukraine ($1.2B), and North Macedonia ($780M).

In 2021, countries that imported more from Spain than Bulgaria were France ($65.2B), Portugal ($34.9B), and Germany ($39.2B).

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

Comparative Advantage Bulgaria - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bulgaria had a large net trade with Spain in the exports of Animal and Vegetable Bi-Products ($308M), Vegetable Products ($253M), and Machines ($242M).

During 2022, Spain had a large net trade with Bulgaria in the exports of Chemical Products ($374M), Animal Products ($135M), and Machines ($120M).

Service Trade

Bilateral Service Trade

Esp Year

2008

2006

Bgr Year

In 2020, Bulgaria exported services to Spain worth $119M, with Computer and information services ($34.4M), Travel ($33.4M), and Transportation ($31.5M) being the largest in terms of value.

In 2008, Spain exported services to Bulgaria worth $71M, with Services not allocated ($71M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bulgaria () to Spain () (2020)

Services Exports from Spain () to Bulgaria () (2008)

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bulgaria () to Spain () (2022)

Exports from Spain () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Spain ()

Bulgaria Exports

Spain Exports

Market Competitiveness

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

Comparative Advantage Bulgaria - Spain

Service Trade

Bilateral Service Trade

Services Exports from Bulgaria () to Spain () (2020)

Services Exports from Spain () to Bulgaria () (2008)

Economic Complexity

Competitive Landscape

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

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