2022
Flag  
GDP
$301BCURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP GROWTH
68.2%CURRENT US$
Rnk 30 / 186
2022
Flag
 GDP
$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH
64%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC 
$15,892CURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP PC GROWTH
77.9%CURRENT US$
Rnk 16 / 186
2022
Flag
GDP PC
$13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH
85.3%CURRENT US$
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About

Romania-Bulgaria Trade: In 2022, Romania exported $3.9B to Bulgaria. The main products that Romania exported to Bulgaria were N/A. Over the past 5 years the exports of Romania to Bulgaria have increased at an annualized rate of 11.2%, from $2.3B in 2017 to $3.9B in 2022.

In 2020, Romania exported services to Bulgaria worth $353M, with Transportation ($172M), Other business services ($71.3M), and Communications services ($28.1M) being the largest in terms of value.

Bulgaria-Romania Trade: In 2022, Bulgaria exported $6.55B to Romania. The main products that Bulgaria exported to Romania were Petroleum Gas ($1.48B), Electricity ($672M), and Industrial Fatty Acids, Oils and Alcohols ($361M). Over the past 5 years the exports of Bulgaria to Romania have increased at an annualized rate of 22.6%,  from $2.37B in 2017 to $6.55B in 2022.

In 2020, Bulgaria exported services to Romania worth $288M, with Travel ($121M), Transportation ($109M), and Other business services ($26.7M) being the largest in terms of value.

Comparison In N/A,  Romania ranked N/A in total exports (N/A). That same year, Bulgaria ranked N/A in total exports (N/A). Both countries does not have data related to Economic Complexity Index.

Historical Data

Latest Data

Trade between Romania (Flag) and Bulgaria (Flag)

Romania Exports

Bulgaria Exports

Market Competitiveness

Color
Romania
Top Destination
N/AN/A
Bulgaria
Top Destination
N/AN/A

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

N/A

N/A

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Bulgaria+$45.3MCars
Top Product Potential Bulgaria Romania+$88.4MRefined 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, Romania exported services to Bulgaria worth $353M, with Transportation ($172M), Other business services ($71.3M), and Communications services ($28.1M) being the largest in terms of value.

In 2020, Bulgaria exported services to Romania worth $288M, with Travel ($121M), Transportation ($109M), and Other business services ($26.7M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Bulgaria (Flag) to Romania (Flag) (N/A)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Romania (Flag) and Bulgaria (Flag) (NaN)

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