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2022
Flag → Flag
Exports $556MRnk 21 / 206
2022
Flag → Flag
Top Product $273MElectricity
2022
Flag → Flag
Exports $400MRnk 23 / 200
2022
Flag → Flag
Top Product $115MPackaged Medicaments
2022
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Economic Complexity (ECI) ECI 0.68Rnk 38 / 133
2022
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Economic Complexity (ECI) ECI 1.45Rnk 11 / 133
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$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
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GDP GROWTH33.4%CURRENT US$
Rnk 92 / 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
2022
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GDP PC$29,457CURRENT US$
Rnk 39 / 186
2012-2022
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GDP PC GROWTH30.1%CURRENT US$
Rnk 63 / 186

About

Bulgaria-Slovenia Trade: In 2022, Bulgaria exported $556M to Slovenia. The main products that Bulgaria exported to Slovenia were Electricity ($273M), Industrial Fatty Acids, Oils and Alcohols ($42.7M), and Raw Lead ($27.3M). Over the past 5 years the exports of Bulgaria to Slovenia have increased at an annualized rate of 18.8%, from $235M in 2017 to $556M in 2022.

In 2020, Bulgaria exported services to Slovenia worth $24.9M, with Other business services ($9.48M), Transportation ($7.2M), and Communications services ($3.2M) being the largest in terms of value.

Slovenia-Bulgaria Trade: In 2022, Slovenia exported $400M to Bulgaria. The main products that Slovenia exported to Bulgaria were Packaged Medicaments ($115M), Vaccines, blood, antisera, toxins and cultures ($30.1M), and Cars ($12.5M). Over the past 5 years the exports of Slovenia to Bulgaria have increased at an annualized rate of 4.82%,  from $302M in 2017 to $400M in 2022.

In 2020, Slovenia exported services to Bulgaria worth $58.5M, with Communications services ($22.2M), Other business services ($18.6M), and Travel ($5.25M) 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, Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $556M to Slovenia. The main products exported from Bulgaria to Slovenia were Electricity ($273M), Industrial Fatty Acids, Oils and Alcohols ($42.7M), and Raw Lead ($27.3M). During the last 5 years the exports of Bulgaria to Slovenia have increased at an annualized rate of 18.8%, from $235M in 2017 to $556M in 2022.

In 2017, Slovenia exported $400M to Bulgaria. The main products exported from Slovenia to Bulgaria were Packaged Medicaments ($115M), Vaccines, blood, antisera, toxins and cultures ($30.1M), and Cars ($12.5M). During the last 5 years the exports of Slovenia to Bulgaria have increased at an annualized rate of 4.82%, from $302M in 2022 to $400M in 2017.

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

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

Latest Data

Trade between Bulgaria (Flag) and Slovenia (Flag)

Bulgaria Exports

Slovenia Exports

Market Competitiveness

Color
Bulgaria
Top DestinationGermany$6.91B
Slovenia
Top DestinationSwitzerland$9.92B

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

In 2022, countries that imported more from Bulgaria than Slovenia included Romania ($6.55B), Greece ($2.93B), and Turkey ($2.95B).

In 2022, countries that imported more from Slovenia than Bulgaria included Switzerland ($9.92B), Croatia ($4.68B), and Austria ($3.75B).

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

Comparative Advantage Bulgaria - Slovenia

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Slovenia in the exports of Mineral Products ($296M), Metals ($61.9M), and Chemical Products ($55.3M).

During 2017, Slovenia had a large net trade with Bulgaria in the exports of Chemical Products ($171M), Machines ($70.6M), and Metals ($26.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bulgaria Slovenia+$15.2MRefined Petroleum
Top Product Potential Slovenia Bulgaria+$11MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Bulgaria exported services to Slovenia worth $24.9M, with Other business services ($9.48M), Transportation ($7.2M), and Communications services ($3.2M) being the largest in terms of value.

In 2020, Slovenia exported services to Bulgaria worth $58.5M, with Communications services ($22.2M), Other business services ($18.6M), and Travel ($5.25M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bulgaria and Slovenia. This means that a dot/product with the flag of Bulgaria indicates it has a comparative advantage over Slovenia. Similarly, a dot/product with the flag of Slovenia indicates it has a comparative advantage over Bulgaria.

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

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