Flag Bulgaria / Libya Flag

2020
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Exports
: $131M, Rnk 39 / 204

2020
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Top Product
: $45.1M, Wheat

2020
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Exports
: $23.1M, Rnk 23 / 81

2020
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Top Product
: $23.1M, Crude Petroleum

2020
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Economic Complexity (ECI)
: ECI 0.52, Rnk 41 / 127

2020
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Economic Complexity (ECI)
: ECI -1.29, Rnk 118 / 127

2020
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GDP
: $69.9B, CURRENT US$
Rnk 72 / 195

2010-2020
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GDP GROWTH
: 37.9%, CURRENT US$
Rnk 81 / 195

2020
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 GDP
: $25.4B, CURRENT US$
Rnk 102 / 195

2010-2020
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GDP GROWTH
: -66%, CURRENT US$
Rnk 195 / 195

2020
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GDP PC 
: $10,079, CURRENT US$
Rnk 71 / 195

2010-2020
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GDP PC GROWTH
: 47.1%, CURRENT US$
Rnk 32 / 195

2020
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GDP PC
: $3,699, CURRENT US$
Rnk 124 / 195

2010-2020
Flag
GDP PC GROWTH
: -69.3%, CURRENT US$
Rnk 195 / 195

Bulgaria-Libya In 2020, Bulgaria exported $131M to Libya. The main products that Bulgaria exported to Libya are Wheat ($45.1M), Refined Petroleum ($40.3M), and Barley ($19.4M). During the last 24 years the exports of Bulgaria to Libya have increased at an annualized rate of 11.9%, from $8.9M in 1996 to $131M in 2020.

In 2020, Bulgaria did not export any services to Libya.

Libya-Bulgaria In 2020, Libya exported $23.1M to Bulgaria . The main products that Libya exported to Bulgaria were Crude Petroleum ($23.1M) and Computers ($1.54k). During the last 24 years the exports of Libya to Bulgaria have increased at an annualized rate of 18.1%, from $424k in 1996 to $23.1M in 2020.

In 2020, Libya did not export any services to Bulgaria.

Comparison In 2020,  Bulgaria ranked 41 in the Economic Complexity Index (ECI 0.52), and 59 in total exports ($33.2B). That same year, Libya ranked 118 in the Economic Complexity Index (ECI -1.29), and 93 in total exports ($8.4B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Bulgaria exported $131M to Libya. The main products exported from Bulgaria to Libya were Wheat ($45.1M), Refined Petroleum ($40.3M), and Barley ($19.4M). During the last 24 years the exports of Bulgaria to Libya have increased at an annualized rate of 11.9%, from $8.9M in 1996 to $131M in 2020.

In 2020, Libya exported $23.1M to Bulgaria. The main products exported from Libya to Bulgaria were Crude Petroleum ($23.1M) and Computers ($1.54k). During the last 24 years the exports of Libya to Bulgaria have increased at an annualized rate of 18.1%, from $424k in 1996 to $23.1M in 2020.

Bulgaria Exports

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Market Competitiveness

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Measure

Bulgaria
Top Destination
: Germany, $5.31B

Libya
Top Destination
: Italy, $1.77B

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

In 2019, countries that imported more from Bulgaria than Libya were Germany ($5.31B), Romania ($2.94B), and Greece ($2.01B).

In 2019, countries that imported more from Libya than Bulgaria were United Arab Emirates ($887M), Thailand ($291M), and Singapore ($173M).

Comparative Advantage Bulgaria - Libya

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Flow

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

During 2020, Bulgaria had a large net trade with Libya in the exports of Vegetable Products ($76.5M), Mineral Products ($40.3M), and Foodstuffs ($10.1M).

During 2020, Libya had a large net trade with Bulgaria in the exports of Mineral Products ($23.1M) and Machines ($1.54k).

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Bulgaria has comparative advantage over Libya. Similarly, the more yellow a dot/product is, the more Libya has comparative advantage over Bulgaria.