Bulgaria (BGR) and Gabon (GAB) Trade | The Observatory of Economic Complexity

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Bulgaria-Gabon Trade: In 2023, Bulgaria exported $1.23M to Gabon. The main products that Bulgaria exported to Gabon were Metal Lathes ($180k), Knit T-shirts ($107k), and Non-Knit Men's Suits ($81.3k). Over the past 5 years the exports of Bulgaria to Gabon have increased at an annualized rate of 9.49%, from $782k in 2018 to $1.23M in 2023.

In 2023, Bulgaria did not export any services to Gabon.

Gabon-Bulgaria Trade: In 2023, Gabon exported $82.8k to Bulgaria. The main products that Gabon exported to Bulgaria were Plywood ($60.5k), Electrical Power Accessories ($20.8k), and Office Machine Parts ($1.52k). Over the past 5 years the exports of Gabon to Bulgaria have decreased at an annualized rate of 22.9%, from $304k in 2018 to $82.8k in 2023.

In 2023, Gabon did not export any services to Bulgaria.

Comparison: In 2023, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B). That same year, Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Bulgaria exported $1.23M to Gabon. The main products exported from Bulgaria to Gabon were Metal Lathes ($180k), Knit T-shirts ($107k), and Non-Knit Men's Suits ($81.3k). During the last 5 years the exports of Bulgaria to Gabon have increased at an annualized rate of 9.49%, from $782k in 2018 to $1.23M in 2023.

In 2018, Gabon exported $82.8k to Bulgaria. The main products exported from Gabon to Bulgaria were Plywood ($60.5k), Electrical Power Accessories ($20.8k), and Office Machine Parts ($1.52k). During the last 5 years the exports of Gabon to Bulgaria have decreased at an annualized rate of 22.9%, from $304k in 2023 to $82.8k in 2018.

Exports from Bulgaria () to Gabon () (2023)

Exports from Gabon () to Bulgaria () (2023)

Latest Data

Trade between Bulgaria () and Gabon ()

Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bulgaria
Top DestinationGermany$6.84B

Gabon
Top DestinationChina$2.77B

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

In 2023, countries that imported more from Bulgaria than Gabon included Germany ($6.84B), Romania ($5.63B), and Italy ($4.06B).

In 2023, countries that imported more from Gabon than Bulgaria included China ($2.77B), Republic of the Congo ($574M), and Indonesia ($875M).

Difference in imports from Gabon () and Bulgaria () (2023)

Comparative Advantage Bulgaria - Gabon

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Bulgaria had a large net trade with Gabon in the exports of Textiles ($450k), Machines ($417k), and Chemical Products ($85.7k).

During 2018, Gabon had a large net trade with Bulgaria in the exports of Wood Products ($60.5k) and Machines ($22.4k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bulgaria Gabon+$53.3kElectric Batteries

Top Product Potential Gabon Bulgaria+$5.68kCrude 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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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bulgaria () to Gabon () (2023)

Exports from Gabon () to Bulgaria () (2023)

Latest Data

Trade between Bulgaria () and Gabon ()

Bulgaria Exports

Market Competitiveness

Difference in imports from Gabon () and Bulgaria () (2023)

Comparative Advantage Bulgaria - Gabon

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bulgaria () and Gabon () (2023)

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