2022
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GDP
$395BCURRENT US$
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2012-2022
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GDP GROWTH
20.9%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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GDP PC 
$66,983CURRENT US$
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2012-2022
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GDP PC GROWTH
14.5%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

Denmark-Bulgaria In 2022, Denmark exported $248M to Bulgaria. The main products that Denmark exported to Bulgaria are Packaged Medicaments ($42.5M), Semiconductor Devices ($15.4M), and Pig Meat ($12M). During the last 27 years the exports of Denmark to Bulgaria have increased at an annualized rate of 6.97%, from $40.2M in 1995 to $248M in 2022.

In 2020, Denmark exported services to Bulgaria worth $146M, with Transportation ($85.8M), Travel ($35.4M), and Other business services ($12.7M) being the largest in terms of value.

Bulgaria-Denmark In 2022, Bulgaria exported $316M to Denmark. The main products that Bulgaria exported to Denmark were Electricity ($56.6M), Other Furniture ($16.4M), and Motorcycles and cycles ($15.5M). During the last 27 years the exports of Bulgaria to Denmark have increased at an annualized rate of 9.76%, from $25.6M in 1995 to $316M in 2022.

In 2020, Bulgaria exported services to Denmark worth $62.9M, with Computer and information services ($23.5M), Transportation ($16.3M), and Other business services ($12M) being the largest in terms of value.

Comparison In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). 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, Denmark exported $248M to Bulgaria. The main products exported from Denmark to Bulgaria were Packaged Medicaments ($42.5M), Semiconductor Devices ($15.4M), and Pig Meat ($12M). During the last 27 years the exports of Denmark to Bulgaria have increased at an annualized rate of 6.97%, from $40.2M in 1995 to $248M in 2022.

In 2022, Bulgaria exported $316M to Denmark. The main products exported from Bulgaria to Denmark were Electricity ($56.6M), Other Furniture ($16.4M), and Motorcycles and cycles ($15.5M). During the last 27 years the exports of Bulgaria to Denmark have increased at an annualized rate of 9.76%, from $25.6M in 1995 to $316M in 2022.

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

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

Latest Data

Trade between Denmark (Flag) and Bulgaria (Flag)

Denmark Exports

Bulgaria Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
Bulgaria
Top Destination
Germany$6.91B

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

In 2021, countries that imported more from Denmark than Bulgaria were Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

In 2021, countries that imported more from Bulgaria than Denmark were Romania ($6.55B), Greece ($2.93B), and Turkey ($2.95B).

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

Comparative Advantage Denmark - Bulgaria

Flow
Scale

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

During 2022, Denmark had a large net trade with Bulgaria in the exports of Machines ($58.8M), Chemical Products ($56.6M), and Animal Products ($43.1M).

During 2022, Bulgaria had a large net trade with Denmark in the exports of Machines ($68.1M), Mineral Products ($58.4M), and Metals ($34.5M).

Service Trade

Bilateral Service Trade

In 2020, Denmark exported services to Bulgaria worth $146M, with Transportation ($85.8M), Travel ($35.4M), and Other business services ($12.7M) being the largest in terms of value.

In 2020, Bulgaria exported services to Denmark worth $62.9M, with Computer and information services ($23.5M), Transportation ($16.3M), and Other business services ($12M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Denmark (Flag) to Bulgaria (Flag) (2020)

Services Exports from Bulgaria (Flag) to Denmark (Flag) (2020)

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

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

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