2022
Flag
 GDP
$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH
64%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC
$13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH
85.3%CURRENT US$
Rnk 13 / 186

About

Cuba-Bulgaria Trade: In 2022, Cuba exported $4.27M to Bulgaria. The main products that Cuba exported to Bulgaria were Rolled Tobacco ($3.39M), Raw Tobacco ($402k), and Wood Charcoal ($269k). Over the past 5 years the exports of Cuba to Bulgaria have increased at an annualized rate of 11.6%, from $2.46M in 2017 to $4.27M in 2022.

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

Bulgaria-Cuba Trade: In 2022, Bulgaria exported $1.24M to Cuba. The main products that Bulgaria exported to Cuba were Rolled Tobacco ($980k), Float Glass ($127k), and Flavored Water ($33.8k). Over the past 5 years the exports of Bulgaria to Cuba have decreased at an annualized rate of 11%,  from $2.21M in 2017 to $1.24M in 2022.

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

Comparison In 2022,  Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index. 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
Value

In 2022, Cuba exported $4.27M to Bulgaria. The main products exported from Cuba to Bulgaria were Rolled Tobacco ($3.39M), Raw Tobacco ($402k), and Wood Charcoal ($269k). During the last 5 years the exports of Cuba to Bulgaria have increased at an annualized rate of 11.6%, from $2.46M in 2017 to $4.27M in 2022.

In 2017, Bulgaria exported $1.24M to Cuba. The main products exported from Bulgaria to Cuba were Rolled Tobacco ($980k), Float Glass ($127k), and Flavored Water ($33.8k). During the last 5 years the exports of Bulgaria to Cuba have decreased at an annualized rate of 11%, from $2.21M in 2022 to $1.24M in 2017.

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

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

Latest Data

Trade between Cuba (Flag) and Bulgaria (Flag)

Bulgaria Exports

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Bulgaria
Top Destination
Germany$6.91B

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

In 2022, countries that imported more from Cuba than Bulgaria included Macau ($28.9M), Andorra ($4.23M), and Bolivia ($2.58M).

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

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

Comparative Advantage Cuba - Bulgaria

Flow
Scale

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

During 2022, Cuba had a large net trade with Bulgaria in the exports of Foodstuffs ($3.83M), Wood Products ($269k), and Metals ($167k).

During 2017, Bulgaria had a large net trade with Cuba in the exports of Foodstuffs ($1.01M), Stone And Glass ($165k), and Vegetable Products ($24.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Cuba Bulgaria+N/AN/A
Top Product Potential Bulgaria Cuba+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

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

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