Uzbekistan (UZB) and Bulgaria (BGR) Trade | The Observatory of Economic Complexity

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Uzbekistan-Bulgaria Trade: In 2022, Uzbekistan exported $41.6M to Bulgaria. The main products that Uzbekistan exported to Bulgaria were Nitrogenous Fertilizers ($30.7M), Copper Ore ($4.15M), and Non-Retail Pure Cotton Yarn ($2.08M). Over the past 5 years the exports of Uzbekistan to Bulgaria have increased at an annualized rate of 59.4%, from $4.04M in 2017 to $41.6M in 2022.

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

Bulgaria-Uzbekistan Trade: In 2022, Bulgaria exported $36M to Uzbekistan. The main products that Bulgaria exported to Uzbekistan were Packaged Medicaments ($15.9M), Medical Instruments ($2.07M), and Orthopedic Appliances ($2.07M). Over the past 5 years the exports of Bulgaria to Uzbekistan have increased at an annualized rate of 17.6%, from $16M in 2017 to $36M in 2022.

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

Comparison: In 2022, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Uzbekistan exported $41.6M to Bulgaria. The main products exported from Uzbekistan to Bulgaria were Nitrogenous Fertilizers ($30.7M), Copper Ore ($4.15M), and Non-Retail Pure Cotton Yarn ($2.08M). During the last 5 years the exports of Uzbekistan to Bulgaria have increased at an annualized rate of 59.4%, from $4.04M in 2017 to $41.6M in 2022.

In 2017, Bulgaria exported $36M to Uzbekistan. The main products exported from Bulgaria to Uzbekistan were Packaged Medicaments ($15.9M), Medical Instruments ($2.07M), and Orthopedic Appliances ($2.07M). During the last 5 years the exports of Bulgaria to Uzbekistan have increased at an annualized rate of 17.6%, from $16M in 2022 to $36M in 2017.

Exports from Uzbekistan () to Bulgaria () (2022)

Exports from Bulgaria () to Uzbekistan () (2022)

Latest Data

Trade between Uzbekistan () and Bulgaria ()

Uzbekistan Exports

Date

Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uzbekistan
Top DestinationSwitzerland$4.29B

Bulgaria
Top DestinationGermany$6.91B

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

In 2022, countries that imported more from Uzbekistan than Bulgaria included Switzerland ($4.29B), Russia ($2.6B), and Kazakhstan ($1.25B).

In 2022, countries that imported more from Bulgaria than Uzbekistan included Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

Difference in imports from Bulgaria () and Uzbekistan () (2022)

Comparative Advantage Uzbekistan - Bulgaria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Uzbekistan had a large net trade with Bulgaria in the exports of Chemical Products ($31M), Mineral Products ($4.19M), and Metals ($3M).

During 2017, Bulgaria had a large net trade with Uzbekistan in the exports of Chemical Products ($18.2M), Machines ($8.54M), and Instruments ($5.03M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uzbekistan Bulgaria+$904kNon-Retail Pure Cotton Yarn

Top Product Potential Bulgaria Uzbekistan+$3.79MPackaged Medicaments

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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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Uzbekistan () to Bulgaria () (2022)

Exports from Bulgaria () to Uzbekistan () (2022)

Latest Data

Trade between Uzbekistan () and Bulgaria ()

Uzbekistan Exports

Bulgaria Exports

Market Competitiveness

Difference in imports from Bulgaria () and Uzbekistan () (2022)

Comparative Advantage Uzbekistan - Bulgaria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Uzbekistan () and Bulgaria () (2022)

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