Sign In
Pricing

2022
Flag → Flag
Exports $103MRnk 86 / 215
2022
Flag → Flag
Top Product $33.6MCopper Ore
2022
Flag → Flag
Exports $156MRnk 46 / 206
2022
Flag → Flag
Top Product $24.8MSunflower Seeds
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.68Rnk 38 / 133
2022
Flag  
GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH64%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC$13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH85.3%CURRENT US$
Rnk 13 / 186

About

Canada-Bulgaria Trade: In 2022, Canada exported $103M to Bulgaria. The main products that Canada exported to Bulgaria were Copper Ore ($33.6M), Precipitated Copper ($30.6M), and Cars ($5.58M). Over the past 5 years the exports of Canada to Bulgaria have decreased at an annualized rate of 18%, from $279M in 2017 to $103M in 2022.

In 2020, Canada exported services to Bulgaria worth $1.49M, with Computer and information services ($746k) and Royalties and license fees ($746k) being the largest in terms of value.

Bulgaria-Canada Trade: In 2022, Bulgaria exported $156M to Canada. The main products that Bulgaria exported to Canada were Sunflower Seeds ($24.8M), Copper Plating ($10.9M), and Medical Instruments ($10.1M). Over the past 5 years the exports of Bulgaria to Canada have increased at an annualized rate of 11.6%,  from $90.3M in 2017 to $156M in 2022.

In 2020, Bulgaria exported services to Canada worth $41.2M, with Computer and information services ($17.7M), Transportation ($12.7M), and Other business services ($4.45M) being the largest in terms of value.

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B).

Latest Trends

June, 2024

About

Overview In June 2024, Canada exported C$5.51M and imported C$49.2M from Bulgaria, resulting in a negative trade balance of C$43.7M. Between June 2023 and June 2024 the exports of Canada have decreased by C$-42.5M (-88.5%) from C$48.1M to C$5.51M, while imports increased by C$32.6M (196%) from C$16.6M to C$49.2M.

Origins In June 2024 the exports of Canada were mainly from Ontario (C$2.85M), Quebec (C$1.02M), British Columbia (C$709k), New Brunswick (C$478k), and Newfoundland Labrador (C$206k), while imports destinations were mainly Ontario (C$28M), Quebec (C$18M), British Columbia (C$1.88M), Manitoba (C$927k), and Alberta (C$229k).

Growth In June 2024, the decrease in Canada's year-by-year exports to Bulgaria was explained primarily by an decrease in product exports in Precipitated Copper (C$-11.6M or -89.7%), Other Edible Preparations (C$-136k or -24.2%), and Cars (C$-104k or -29.7%). In June 2024, the increase in Canada's year-by-year imports  from Bulgaria was explained primarily by an increase in product imports  in Copper Plating (C$1.26M or 377%), Packaged Medicaments (C$520k or 195%), and Trunks and Cases (C$519k or 921%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)C$-42.5M(-88.5%)
IMPORT GROWTH (June 2023 - June 2024)C$32.6M(196%)
MAIN EXPORTER (June 2024)OntarioC$2.85M

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

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

For full datasets download visit Bulk Download page.

Explore Bulgaria and Canada Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $103M to Bulgaria. The main products exported from Canada to Bulgaria were Copper Ore ($33.6M), Precipitated Copper ($30.6M), and Cars ($5.58M). During the last 5 years the exports of Canada to Bulgaria have decreased at an annualized rate of 18%, from $279M in 2017 to $103M in 2022.

In 2017, Bulgaria exported $156M to Canada. The main products exported from Bulgaria to Canada were Sunflower Seeds ($24.8M), Copper Plating ($10.9M), and Medical Instruments ($10.1M). During the last 5 years the exports of Bulgaria to Canada have increased at an annualized rate of 11.6%, from $90.3M in 2022 to $156M in 2017.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Bulgaria
Top DestinationGermany$6.91B

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

In 2022, countries that imported more from Canada than Bulgaria included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Bulgaria than Canada included Romania ($6.55B), Greece ($2.93B), and Germany ($6.91B).

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

Comparative Advantage Canada - Bulgaria

Flow
Scale

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

During 2022, Canada had a large net trade with Bulgaria in the exports of Mineral Products ($33.6M), Metals ($31.1M), and Machines ($10.2M).

During 2017, Bulgaria had a large net trade with Canada in the exports of Machines ($34.5M), Vegetable Products ($28.9M), and Textiles ($21.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Bulgaria+$9.51MCopper Ore
Top Product Potential Bulgaria Canada+$10.9MPackaged 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

In 2020, Canada exported services to Bulgaria worth $1.49M, with Computer and information services ($746k) and Royalties and license fees ($746k) being the largest in terms of value.

In 2020, Bulgaria exported services to Canada worth $41.2M, with Computer and information services ($17.7M), Transportation ($12.7M), and Other business services ($4.45M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms