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Pricing

2022
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Exports $241MRnk 87 / 211
2022
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Top Product $29.1MElectric Motors
2022
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Exports $117MRnk 53 / 206
2022
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Top Product $30.1MIntegrated Circuits
2022
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Economic Complexity (ECI) ECI 1.99Rnk 1 / 124
2022
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Economic Complexity (ECI) ECI 0.66Rnk 37 / 124
2022
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GDP$4.23TCURRENT US$
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2012-2022
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GDP GROWTH-32.5%CURRENT US$
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2022
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 GDP$89BCURRENT US$
Rnk 70 / 186
2012-2022
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GDP GROWTH64%CURRENT US$
Rnk 37 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%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 GROWTH85.3%CURRENT US$
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About

Japan-Bulgaria In 2022, Japan exported $241M to Bulgaria. The main products that Japan exported to Bulgaria are Electric Motors ($29.1M), Cars ($29M), and Bi-Wheel Vehicle Parts ($20.2M). During the last 27 years the exports of Japan to Bulgaria have increased at an annualized rate of 11%, from $14.5M in 1995 to $241M in 2022.

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

Bulgaria-Japan In 2022, Bulgaria exported $117M to Japan. The main products that Bulgaria exported to Japan were Integrated Circuits ($30.1M), Vaccines, blood, antisera, toxins and cultures ($6.78M), and Oscilloscopes ($5.47M). During the last 27 years the exports of Bulgaria to Japan have increased at an annualized rate of 5.17%, from $30.1M in 1995 to $117M in 2022.

In 2020, Bulgaria exported services to Japan worth $16.9M, with Royalties and license fees ($6.62M), Computer and information services ($5.37M), and Travel ($1.83M) being the largest in terms of value.

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 1.99), and 4 in total exports ($728B). That same year, Bulgaria ranked 37 in the Economic Complexity Index (ECI 0.66), and 60 in total exports ($51.9B).

Latest Trends

January, 2024

About

Overview In January 2024, Japan exported ¥1.36B and imported ¥1.07B from Bulgaria, resulting in a positive trade balance of ¥287M. Between January 2023 and January 2024 the exports of Japan have decreased by ¥-510M (-27.3%) from ¥1.87B to ¥1.36B, while imports decreased by ¥-225M (-17.3%) from ¥1.3B to ¥1.07B.

Trade In January 2024, the top exports of Japan to Bulgaria were Commodities not elsewhere specified (¥530M), Large Construction Vehicles (¥269M), Medical Instruments (¥151M), Hydrometers (¥120M), and Rubber Tires (¥94.5M). In January 2024 the top imports of Japan from Bulgaria were Electrical Power Accessories (¥106M), Non-Knit Men's Coats (¥99M), Knit T-shirts (¥83.5M), Medical Instruments (¥61.6M), and Bird Feathers and Skins (¥58.5M).

Origins In January 2024 the exports of Japan were mainly from Osaka (¥327M), Hyōgo (¥192M), Tokyo (¥177M), Shizuoka (¥163M), and Chiba (¥160M), while imports destinations were mainly Chiba (¥460M), Osaka (¥272M), Tokyo (¥149M), Kanagawa (¥87.6M), and Fukuoka (¥30.2M).

Growth In January 2024, the decrease in Japan's year-by-year exports to Bulgaria was explained primarily by an decrease in product exports in Excavation Machinery (¥-142M or -84%), Bi-Wheel Vehicle Parts (¥-101M or -62.8%), and X-Ray Equipment (¥-68.8M or -86.5%). In January 2024, the decrease in Japan's year-by-year imports  from Bulgaria was explained primarily by an decrease in product imports  in Seats (¥-39.2M or -88.6%), Liquid Pumps (¥-36.7M or -74.9%), and Oscilloscopes (¥-28.7M or -49.1%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)¥-510M(-27.3%)
IMPORT GROWTH (January 2023 - January 2024)¥-225M(-17.3%)
MAIN EXPORTER (January 2024)Osaka¥327M

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Bulgaria and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $241M to Bulgaria. The main products exported from Japan to Bulgaria were Electric Motors ($29.1M), Cars ($29M), and Bi-Wheel Vehicle Parts ($20.2M). During the last 27 years the exports of Japan to Bulgaria have increased at an annualized rate of 11%, from $14.5M in 1995 to $241M in 2022.

In 2022, Bulgaria exported $117M to Japan. The main products exported from Bulgaria to Japan were Integrated Circuits ($30.1M), Vaccines, blood, antisera, toxins and cultures ($6.78M), and Oscilloscopes ($5.47M). During the last 27 years the exports of Bulgaria to Japan have increased at an annualized rate of 5.17%, from $30.1M in 1995 to $117M in 2022.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Bulgaria
Top DestinationGermany$6.91B

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

In 2021, countries that imported more from Japan than Bulgaria were United States ($137B), China ($135B), and South Korea ($50.8B).

In 2021, countries that imported more from Bulgaria than Japan were Romania ($6.55B), Greece ($2.93B), and Serbia ($1.29B).

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

Comparative Advantage Japan - Bulgaria

Flow
Scale

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

During 2022, Japan had a large net trade with Bulgaria in the exports of Machines ($119M), Transportation ($57.5M), and Instruments ($26.4M).

During 2022, Bulgaria had a large net trade with Japan in the exports of Machines ($45.8M), Textiles ($15.9M), and Instruments ($12.8M).

Service Trade

Bilateral Service Trade

In 2020, Bulgaria exported services to Japan worth $16.9M, with Royalties and license fees ($6.62M), Computer and information services ($5.37M), and Travel ($1.83M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bulgaria (Flag) to Japan (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 Japan has comparative advantage over Bulgaria. Similarly, the more yellow a dot/product is, the more Bulgaria has comparative advantage over Japan.

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

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