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2022
Flag → Flag
Exports $109kRnk 171 / 206
2022
Flag → Flag
Top Product $41kLight Fixtures
2022
Flag → Flag
Exports $1.98kRnk 51 / 63
2022
Flag → Flag
Top Product $1.98kVideo and Card Games
2022
Flag
Economic Complexity (ECI) ECI 0.68Rnk 38 / 133
2022
Flag  
GDP$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH64%CURRENT US$
Rnk 37 / 186
2022
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 GDP$11.8BCURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP GROWTH-47.2%CURRENT US$
Rnk 184 / 186
2022
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GDP PC $13,772CURRENT US$
Rnk 64 / 186
2012-2022
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GDP PC GROWTH85.3%CURRENT US$
Rnk 13 / 186
2022
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GDP PC$7,053CURRENT US$
Rnk 90 / 186
2012-2022
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GDP PC GROWTH-62.4%CURRENT US$
Rnk 186 / 186

About

Bulgaria-Equatorial Guinea Trade: In 2022, Bulgaria exported $109k to Equatorial Guinea. The main products that Bulgaria exported to Equatorial Guinea were Light Fixtures ($41k), Cheese ($18.9k), and Other Electrical Machinery ($16.9k). Over the past 5 years the exports of Bulgaria to Equatorial Guinea have decreased at an annualized rate of 5.3%, from $143k in 2017 to $109k in 2022.

In 2022, Bulgaria did not export any services to Equatorial Guinea.

Equatorial Guinea-Bulgaria Trade: In 2022, Equatorial Guinea exported $1.98k to Bulgaria. The main products that Equatorial Guinea exported to Bulgaria were Video and Card Games ($1.98k). Over the past 5 years the exports of Equatorial Guinea to Bulgaria have decreased at an annualized rate of 65.7%,  from $415k in 2017 to $1.98k in 2022.

In 2022, Equatorial Guinea did not export any services to Bulgaria.

Comparison In 2022,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68),  and 60 in total exports ($51.9B). That same year, Equatorial Guinea ranked 108 in total exports ($8.63B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $109k to Equatorial Guinea. The main products exported from Bulgaria to Equatorial Guinea were Light Fixtures ($41k), Cheese ($18.9k), and Other Electrical Machinery ($16.9k). During the last 5 years the exports of Bulgaria to Equatorial Guinea have decreased at an annualized rate of 5.3%, from $143k in 2017 to $109k in 2022.

In 2017, Equatorial Guinea exported $1.98k to Bulgaria. The main products exported from Equatorial Guinea to Bulgaria were Video and Card Games ($1.98k). During the last 5 years the exports of Equatorial Guinea to Bulgaria have decreased at an annualized rate of 65.7%, from $415k in 2022 to $1.98k in 2017.

Exports from Bulgaria (Flag) to Equatorial Guinea (Flag) (2022)

Exports from Equatorial Guinea (Flag) to Bulgaria (Flag) (2022)

Latest Data

Trade between Bulgaria (Flag) and Equatorial Guinea (Flag)

Bulgaria Exports

Market Competitiveness

Color
Bulgaria
Top DestinationGermany$6.91B
Equatorial Guinea
Top DestinationZambia$1.84B

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

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

In 2022, countries that imported more from Equatorial Guinea than Bulgaria included Zambia ($1.84B), India ($855M), and Chile ($413M).

Difference in imports from Equatorial Guinea (Flag) and Bulgaria (Flag) (2022)

Comparative Advantage Bulgaria - Equatorial Guinea

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Equatorial Guinea in the exports of Miscellaneous ($41.6k), Foodstuffs ($24.7k), and Animal Products ($18.9k).

During 2017, Equatorial Guinea had a large net trade with Bulgaria in the exports of Miscellaneous ($1.98k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bulgaria Equatorial Guinea+$28.9kLight Fixtures
Top Product Potential Equatorial Guinea Bulgaria+$5.38kCrude 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

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

Product Space of Bulgaria (Flag) and Equatorial Guinea (Flag) (2022)

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