Benin (BEN) and Bulgaria (BGR) Trade | The Observatory of Economic Complexity

About

Benin-Bulgaria Trade: In 2022, Benin exported $1.13M to Bulgaria. The main products that Benin exported to Bulgaria were Raw Cotton ($1.13M), Other Oily Seeds ($216), and Other Pure Vegetable Oils ($123). Over the past 9 years the exports of Benin to Bulgaria have increased at an annualized rate of 11.2%, from $432k in 2013 to $1.13M in 2022.

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

Bulgaria-Benin Trade: In 2022, Bulgaria exported $1.93M to Benin. The main products that Bulgaria exported to Benin were Used Clothing ($1.14M), Calculators ($187k), and Special Pharmaceuticals ($182k). Over the past 9 years the exports of Bulgaria to Benin have increased at an annualized rate of 3.33%, from $1.64M in 2013 to $1.93M in 2022.

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

Comparison: In 2022, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B). 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, Benin exported $1.13M to Bulgaria. The main products exported from Benin to Bulgaria were Raw Cotton ($1.13M), Other Oily Seeds ($216), and Other Pure Vegetable Oils ($123). During the last 9 years the exports of Benin to Bulgaria have increased at an annualized rate of 11.2%, from $432k in 2013 to $1.13M in 2022.

In 2017, Bulgaria exported $1.93M to Benin. The main products exported from Bulgaria to Benin were Used Clothing ($1.14M), Calculators ($187k), and Special Pharmaceuticals ($182k). During the last 5 years the exports of Bulgaria to Benin have increased at an annualized rate of 3.33%, from $1.64M in 2022 to $1.93M in 2017.

Exports from Benin () to Bulgaria () (2022)

Exports from Bulgaria () to Benin () (2022)

Latest Data

Trade between Benin () and Bulgaria ()

Benin Exports

Date

Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

Bulgaria
Top DestinationGermany$6.91B

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

In 2022, countries that imported more from Benin than Bulgaria included Bangladesh ($406M), United Arab Emirates ($382M), and India ($448M).

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

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

Comparative Advantage Benin - Bulgaria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Benin had a large net trade with Bulgaria in the exports of Textiles ($1.13M), Vegetable Products ($216), and Animal and Vegetable Bi-Products ($123).

During 2017, Bulgaria had a large net trade with Benin in the exports of Textiles ($1.14M), Machines ($296k), and Foodstuffs ($201k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin Bulgaria+$207kRaw Cotton

Top Product Potential Bulgaria Benin+$151kPoultry Meat

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Bulgaria () (2022)

Exports from Bulgaria () to Benin () (2022)

Latest Data

Trade between Benin () and Bulgaria ()

Benin Exports

Bulgaria Exports

Market Competitiveness

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

Comparative Advantage Benin - Bulgaria

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring