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2022
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Exports $846MRnk 88 / 219
2022
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Top Product $371MPetroleum Gas
2022
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Exports $1.3BRnk 10 / 206
2022
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Top Product $121MMedical Instruments
2022
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Economic Complexity (ECI) ECI 1.41Rnk 10 / 124
2022
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Economic Complexity (ECI) ECI 0.66Rnk 37 / 124
2022
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GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
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 $76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
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GDP PC$13,772CURRENT US$
Rnk 64 / 186
2012-2022
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GDP PC GROWTH85.3%CURRENT US$
Rnk 13 / 186

About

United States-Bulgaria In 2022, United States exported $846M to Bulgaria. The main products that United States exported to Bulgaria are Petroleum Gas ($371M), Petroleum Coke ($52.6M), and Planes, Helicopters, and/or Spacecraft ($38.8M). During the last 27 years the exports of United States to Bulgaria have increased at an annualized rate of 7.26%, from $127M in 1995 to $846M in 2022.

In 2017, United States exported services to Bulgaria worth $390M, with Travel ($130M), Transportation ($89M), and Other business services ($63M) being the largest in terms of value.

Bulgaria-United States In 2022, Bulgaria exported $1.3B to United States. The main products that Bulgaria exported to United States were Medical Instruments ($121M), Sunflower Seeds ($68M), and Copper Plating ($45.7M). During the last 27 years the exports of Bulgaria to United States have increased at an annualized rate of 7.24%, from $197M in 1995 to $1.3B in 2022.

In 2020, Bulgaria exported services to United States worth $536M, with Computer and information services ($304M), Other business services ($132M), and Communications services ($28.3M) being the largest in terms of value.

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T). That same year, Bulgaria ranked 37 in the Economic Complexity Index (ECI 0.66), and 60 in total exports ($51.9B).

COMPANIES In 2023, leading companies such as ABB MOTORS AND MECHANICAL INC (136) were at the forefront of exporting goods from Bulgaria to the United States. Conversely, ABB BULGARIA EOOD RAKOVSKI BRANCH (68) and HITACHI ENERGY BULGARIA EOOD (68) were notable for importing Bulgaria products to the United States.

Latest Trends

January, 2024

About

Overview In January 2024, United States exported $38.4M and imported $111M from Bulgaria, resulting in a negative trade balance of $72.9M. Between January 2023 and January 2024 the exports of United States have increased by $624k (1.65%) from $37.7M to $38.4M, while imports decreased by $-5.62M (-4.81%) from $117M to $111M.

Trade In January 2024, the top exports of United States to Bulgaria were Petroleum Coke ($9.52M), Integrated Circuits ($3.84M), Aircraft Parts ($2.03M), Gas Turbines ($1.85M), and Tractors ($1.73M). In January 2024 the top imports of United States from Bulgaria were Coin ($9.97M), Medical Instruments ($8.72M), Copper Plating ($4.95M), Sunflower Seeds ($4.44M), and Aluminium Foil ($3.95M).

Origins In January 2024 the exports of United States were mainly from California ($8.87M), Texas ($6M), Iowa ($5.63M), Florida ($2.25M), and New Jersey ($1.84M), while imports destinations were mainly Utah ($10.8M), Missouri ($7.72M), New York ($7.62M), North Carolina ($7.48M), and Illinois ($7.02M).

Growth In January 2024, the increase in United States's year-by-year exports to Bulgaria was explained primarily by an increase in product exports in Integrated Circuits ($1.92M or 99.9%), Aircraft Parts ($1.33M or 188%), and Commodities not elsewhere specified ($702k or 129%). In January 2024, the decrease in United States's year-by-year imports  from Bulgaria was explained primarily by an decrease in product imports  in Sunflower Seeds ($-2.58M or -36.7%), Raw Tobacco ($-1.52M or -49.4%), and Mattresses ($-1.13M or -64.7%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)$624k(1.65%)
IMPORT GROWTH (January 2023 - January 2024)$-5.62M(-4.81%)
MAIN EXPORTER (January 2024)California$8.87M

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

To check Bulgaria and United States 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, United States exported $846M to Bulgaria. The main products exported from United States to Bulgaria were Petroleum Gas ($371M), Petroleum Coke ($52.6M), and Planes, Helicopters, and/or Spacecraft ($38.8M). During the last 27 years the exports of United States to Bulgaria have increased at an annualized rate of 7.26%, from $127M in 1995 to $846M in 2022.

In 2022, Bulgaria exported $1.3B to United States. The main products exported from Bulgaria to United States were Medical Instruments ($121M), Sunflower Seeds ($68M), and Copper Plating ($45.7M). During the last 27 years the exports of Bulgaria to United States have increased at an annualized rate of 7.24%, from $197M in 1995 to $1.3B in 2022.

Exports from United States (Flag) to Bulgaria (Flag) (2022)

Exports from Bulgaria (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Bulgaria
Top DestinationGermany$6.91B

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

In 2021, countries that imported more from United States than Bulgaria were Canada ($308B), Mexico ($294B), and China ($151B).

In 2021, countries that imported more from Bulgaria than United States were Romania ($6.55B), Serbia ($1.29B), and North Macedonia ($780M).

Difference in imports from Bulgaria (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Bulgaria

Flow
Scale

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

During 2022, United States had a large net trade with Bulgaria in the exports of Mineral Products ($457M), Machines ($146M), and Transportation ($90.2M).

During 2022, Bulgaria had a large net trade with United States in the exports of Machines ($331M), Instruments ($196M), and Chemical Products ($191M).

Service Trade

Bilateral Service Trade

In 2017, United States exported services to Bulgaria worth $390M, with Travel ($130M), Transportation ($89M), and Other business services ($63M) being the largest in terms of value.

In 2020, Bulgaria exported services to United States worth $536M, with Computer and information services ($304M), Other business services ($132M), and Communications services ($28.3M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States (Flag) to Bulgaria (Flag) (2017)

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

Product Space of United States (Flag) and Bulgaria (Flag) (2022)

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