2022
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GDP
$906BCURRENT US$
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2012-2022
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GDP GROWTH
2.89%CURRENT US$
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2022
Flag
 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 
$10,616CURRENT US$
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2012-2022
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GDP PC GROWTH
-9.24%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

Turkey-Bulgaria In 2022, Turkey exported $4.88B to Bulgaria. The main products that Turkey exported to Bulgaria are Copper Ore ($305M), Petroleum Gas ($299M), and Copper Wire ($190M). During the last 27 years the exports of Turkey to Bulgaria have increased at an annualized rate of 12.9%, from $183M in 1995 to $4.88B in 2022.

In 2009, Turkey exported services to Bulgaria worth $530M, with Travel ($526M), Other business services ($3.1M), and Insurance services ($1.03M) being the largest in terms of value.

Bulgaria-Turkey In 2022, Bulgaria exported $2.95B to Turkey. The main products that Bulgaria exported to Turkey were Refined Copper ($561M), Refined Petroleum ($373M), and Scrap Iron ($158M). During the last 27 years the exports of Bulgaria to Turkey have increased at an annualized rate of 7.92%, from $377M in 1995 to $2.95B in 2022.

In 2020, Bulgaria exported services to Turkey worth $323M, with Travel ($246M), Transportation ($56.8M), and Communications services ($9.02M) being the largest in terms of value.

Comparison In 2022,  Turkey ranked 39 in the Economic Complexity Index (ECI 0.59), and 29 in total exports ($262B). 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, Turkey exported $4.88B to Bulgaria. The main products exported from Turkey to Bulgaria were Copper Ore ($305M), Petroleum Gas ($299M), and Copper Wire ($190M). During the last 27 years the exports of Turkey to Bulgaria have increased at an annualized rate of 12.9%, from $183M in 1995 to $4.88B in 2022.

In 2022, Bulgaria exported $2.95B to Turkey. The main products exported from Bulgaria to Turkey were Refined Copper ($561M), Refined Petroleum ($373M), and Scrap Iron ($158M). During the last 27 years the exports of Bulgaria to Turkey have increased at an annualized rate of 7.92%, from $377M in 1995 to $2.95B in 2022.

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

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

Latest Data

Trade between Turkey (Flag) and Bulgaria (Flag)

Turkey Exports

Bulgaria Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$21.9B
Bulgaria
Top Destination
Germany$6.91B

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

In 2021, countries that imported more from Turkey than Bulgaria were United States ($17.1B), Germany ($21.9B), and Iraq ($13.7B).

In 2021, countries that imported more from Bulgaria than Turkey were Gibraltar ($552M), Namibia ($203M), and North Macedonia ($780M).

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

Comparative Advantage Turkey - Bulgaria

Flow
Scale

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

During 2022, Turkey had a large net trade with Bulgaria in the exports of Metals ($1.28B), Mineral Products ($957M), and Machines ($566M).

During 2022, Bulgaria had a large net trade with Turkey in the exports of Metals ($1.07B), Mineral Products ($480M), and Machines ($358M).

Service Trade

Bilateral Service Trade

In 2009, Turkey exported services to Bulgaria worth $530M, with Travel ($526M), Other business services ($3.1M), and Insurance services ($1.03M) being the largest in terms of value.

In 2020, Bulgaria exported services to Turkey worth $323M, with Travel ($246M), Transportation ($56.8M), and Communications services ($9.02M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Turkey (Flag) to Bulgaria (Flag) (N/A)

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

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

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