Turkmenistan (TKM) and Bulgaria (BGR) Trade | The Observatory of Economic Complexity

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Turkmenistan-Bulgaria Trade: In 2022, Turkmenistan exported $5.57M to Bulgaria. The main products that Turkmenistan exported to Bulgaria were Nitrogenous Fertilizers ($5.5M) and Non-Retail Pure Cotton Yarn ($65.9k). Over the past 5 years the exports of Turkmenistan to Bulgaria have decreased at an annualized rate of 9.22%, from $9.03M in 2017 to $5.57M in 2022.

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

Bulgaria-Turkmenistan Trade: In 2022, Bulgaria exported $2.66M to Turkmenistan. The main products that Bulgaria exported to Turkmenistan were Trailers and semi-trailers, not mechanically propelled vehicles ($1.54M), Packaged Medicaments ($561k), and Eggs ($273k). Over the past 5 years the exports of Bulgaria to Turkmenistan have increased at an annualized rate of 0.52%, from $2.56M in 2017 to $2.66M in 2022.

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

Comparison: In 2022, Turkmenistan ranked 90 in the Economic Complexity Index (ECI -0.56), and 95 in total exports ($12.5B). 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, Turkmenistan exported $5.57M to Bulgaria. The main products exported from Turkmenistan to Bulgaria were Nitrogenous Fertilizers ($5.5M) and Non-Retail Pure Cotton Yarn ($65.9k). During the last 5 years the exports of Turkmenistan to Bulgaria have decreased at an annualized rate of 9.22%, from $9.03M in 2017 to $5.57M in 2022.

In 2017, Bulgaria exported $2.66M to Turkmenistan. The main products exported from Bulgaria to Turkmenistan were Trailers and semi-trailers, not mechanically propelled vehicles ($1.54M), Packaged Medicaments ($561k), and Eggs ($273k). During the last 5 years the exports of Bulgaria to Turkmenistan have increased at an annualized rate of 0.52%, from $2.56M in 2022 to $2.66M in 2017.

Exports from Turkmenistan () to Bulgaria () (2022)

Exports from Bulgaria () to Turkmenistan () (2022)

Latest Data

Trade between Turkmenistan () and Bulgaria ()

Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkmenistan
Top DestinationChina$8.88B

Bulgaria
Top DestinationGermany$6.91B

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

In 2022, countries that imported more from Turkmenistan than Bulgaria included China ($8.88B), Uzbekistan ($664M), and Azerbaijan ($460M).

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

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

Comparative Advantage Turkmenistan - Bulgaria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turkmenistan had a large net trade with Bulgaria in the exports of Chemical Products ($5.5M) and Textiles ($65.9k).

During 2017, Bulgaria had a large net trade with Turkmenistan in the exports of Transportation ($1.56M), Chemical Products ($665k), and Animal Products ($273k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Turkmenistan () to Bulgaria () (2022)

Exports from Bulgaria () to Turkmenistan () (2022)

Latest Data

Trade between Turkmenistan () and Bulgaria ()

Bulgaria Exports

Market Competitiveness

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

Comparative Advantage Turkmenistan - Bulgaria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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