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2022
Flag → Flag
Exports $2.29BRnk 37 / 224
2022
Flag → Flag
Top Product $624MIndustrial Fatty Acids, Oils and Alcohols
2022
Flag → Flag
Exports $1.44BRnk 8 / 206
2022
Flag → Flag
Top Product $120MSunflower Seeds
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
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Economic Complexity (ECI) ECI 0.68Rnk 38 / 133
2022
Flag  
GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH64%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC$13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH85.3%CURRENT US$
Rnk 13 / 186

About

Netherlands-Bulgaria Trade: In 2022, Netherlands exported $2.29B to Bulgaria. The main products that Netherlands exported to Bulgaria were Industrial Fatty Acids, Oils and Alcohols ($624M), Packaged Medicaments ($118M), and Broadcasting Equipment ($96.5M). Over the past 5 years the exports of Netherlands to Bulgaria have increased at an annualized rate of 13.6%, from $1.21B in 2017 to $2.29B in 2022.

In 2020, Netherlands exported services to Bulgaria worth $300M, with Travel ($108M), Other business services ($67M), and Transportation ($64.6M) being the largest in terms of value.

Bulgaria-Netherlands Trade: In 2022, Bulgaria exported $1.44B to Netherlands. The main products that Bulgaria exported to Netherlands were Sunflower Seeds ($120M), Industrial Fatty Acids, Oils and Alcohols ($109M), and Seed Oils ($108M). Over the past 5 years the exports of Bulgaria to Netherlands have increased at an annualized rate of 10.9%,  from $778M in 2017 to $1.44B in 2022.

In 2020, Bulgaria exported services to Netherlands worth $259M, with Other business services ($84.2M), Computer and information services ($79.3M), and Travel ($42.6M) being the largest in terms of value.

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B).

Latest Trends

October, 2022

About

Overview In October 2022, Netherlands exported €181M and imported €55M from Bulgaria, resulting in a positive trade balance of €126M. Between October 2021 and October 2022 the exports of Netherlands have increased by €71M (64.5%) from €110M to €181M, while imports decreased by €-14M (-20.3%) from €69M to €55M.

Trade In October 2022, the top exports of Netherlands to Bulgaria were Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€16M), Miscellaneous chemical products, n.e.s. (€7M), Road motor vehicles, n.e.s. (€7M), Automatic data-processing machines and units thereof;... (€3M), and Thermionic, cold cathode or photo-cathode valves... (€3M). In October 2022 the top imports of Netherlands from Bulgaria were Miscellaneous chemical products, n.e.s. (€9M), Medicaments (including veterinary medicaments) (€5M), Tubes, pipes and hollow profiles, and... (€5M), Furniture and parts thereof; bedding, mattresses,... (€3M), and Feeding stuff for animals (not including... (€2M).

Growth In October 2022, the increase in Netherlands's year-by-year exports to Bulgaria was explained primarily by an increase in product exports in Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€10M or 167%), Automatic data-processing machines and units thereof;... (€2M or 200%), and Fruit and nuts (not including oil... (€1M or 100%). In October 2022, the decrease in Netherlands's year-by-year imports  from Bulgaria was explained primarily by an decrease in product imports  in Oil-seeds and oleaginous fruits of a... (€-13M or -92.9%), Miscellaneous chemical products, n.e.s. (€-9M or -50%), and Men's or boys' coats, capes, jackets,... (€-1M or -50%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2021 - October 2022)€71M(64.5%)
IMPORT GROWTH (October 2021 - October 2022)€-14M(-20.3%)

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

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

For full datasets download visit Bulk Download page.

Explore Bulgaria and Netherlands Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $2.29B to Bulgaria. The main products exported from Netherlands to Bulgaria were Industrial Fatty Acids, Oils and Alcohols ($624M), Packaged Medicaments ($118M), and Broadcasting Equipment ($96.5M). During the last 5 years the exports of Netherlands to Bulgaria have increased at an annualized rate of 13.6%, from $1.21B in 2017 to $2.29B in 2022.

In 2017, Bulgaria exported $1.44B to Netherlands. The main products exported from Bulgaria to Netherlands were Sunflower Seeds ($120M), Industrial Fatty Acids, Oils and Alcohols ($109M), and Seed Oils ($108M). During the last 5 years the exports of Bulgaria to Netherlands have increased at an annualized rate of 10.9%, from $778M in 2022 to $1.44B in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Bulgaria
Top DestinationGermany$6.91B

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

In 2022, countries that imported more from Netherlands than Bulgaria included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from Bulgaria than Netherlands included Romania ($6.55B), North Macedonia ($780M), and Serbia ($1.29B).

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

Comparative Advantage Netherlands - Bulgaria

Flow
Scale

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

During 2022, Netherlands had a large net trade with Bulgaria in the exports of Chemical Products ($884M), Machines ($544M), and Metals ($133M).

During 2017, Bulgaria had a large net trade with Netherlands in the exports of Machines ($245M), Chemical Products ($213M), and Mineral Products ($183M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Bulgaria+$16.2MPackaged Medicaments
Top Product Potential Bulgaria Netherlands+$90.8MRefined Petroleum

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, Netherlands exported services to Bulgaria worth $300M, with Travel ($108M), Other business services ($67M), and Transportation ($64.6M) being the largest in terms of value.

In 2020, Bulgaria exported services to Netherlands worth $259M, with Other business services ($84.2M), Computer and information services ($79.3M), and Travel ($42.6M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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