Bulgaria - Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies (% of total merchandise exports) in Bulgaria was 73.63 as of 2020. Its highest value over the past 39 years was 73.63 in 2020, while its lowest value was 43.05 in 1988.

Definition: Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1981 64.21
1982 64.96
1983 67.17
1984 58.48
1985 45.89
1986 48.47
1987 46.84
1988 43.05
1989 43.36
1990 62.37
1991 60.71
1992 59.88
1993 63.67
1994 60.54
1995 49.93
1996 49.87
1997 55.71
1998 61.96
1999 63.43
2000 64.28
2001 69.92
2002 71.67
2003 72.03
2004 71.58
2005 69.68
2006 71.28
2007 69.48
2008 68.45
2009 72.42
2010 69.50
2011 71.16
2012 68.87
2013 68.85
2014 70.90
2015 71.65
2016 71.68
2017 68.79
2018 73.21
2019 72.07
2020 73.63

Development Relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies. At the regional level most exports from low- and middle-income economies are to high-income economies, but the share of intraregional trade is increasing. Geographic patterns of trade vary widely by country and commodity. Larger shares of exports from oil- and resource-rich economies are to high-income economies.

Limitations and Exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports