Bulgaria (BGR) and Malawi (MWI) Trade | The Observatory of Economic Complexity

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Bulgaria-Malawi Trade: In 2023, Bulgaria exported $2.01M to Malawi. The main products that Bulgaria exported to Malawi were Used Clothing ($698k), Calculators ($495k), and Animal Food ($180k). Over the past 5 years the exports of Bulgaria to Malawi have decreased at an annualized rate of 1.65%, from $2.19M in 2018 to $2.01M in 2023.

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

Malawi-Bulgaria Trade: In 2023, Malawi exported $624k to Bulgaria. The main products that Malawi exported to Bulgaria were Raw Tobacco ($624k), Calculators ($87), and Electrical Transformers ($44). Over the past 5 years the exports of Malawi to Bulgaria have increased at an annualized rate of 311%, from $533 in 2018 to $624k in 2023.

In 2023, Malawi 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, Malawi ranked 163 in total exports ($922M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Bulgaria exported $2.01M to Malawi. The main products exported from Bulgaria to Malawi were Used Clothing ($698k), Calculators ($495k), and Animal Food ($180k). During the last 5 years the exports of Bulgaria to Malawi have decreased at an annualized rate of 1.65%, from $2.19M in 2018 to $2.01M in 2023.

In 2018, Malawi exported $624k to Bulgaria. The main products exported from Malawi to Bulgaria were Raw Tobacco ($624k), Calculators ($87), and Electrical Transformers ($44). During the last 5 years the exports of Malawi to Bulgaria have increased at an annualized rate of 311%, from $533 in 2023 to $624k in 2018.

Exports from Bulgaria () to Malawi () (2023)

Exports from Malawi () to Bulgaria () (2023)

Latest Data

Trade between Bulgaria () and Malawi ()

Bulgaria Exports

Date

Malawi Exports

Date

Feb 2016

Jan 2016

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bulgaria
Top DestinationGermany$6.84B

Malawi
Top DestinationGermany$99.1M

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

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

In 2023, countries that imported more from Malawi than Bulgaria included Zimbabwe ($52.4M), Zambia ($34.5M), and Tanzania ($38.2M).

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

Comparative Advantage Bulgaria - Malawi

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Bulgaria had a large net trade with Malawi in the exports of Machines ($820k), Textiles ($700k), and Foodstuffs ($180k).

During 2018, Malawi had a large net trade with Bulgaria in the exports of Foodstuffs ($624k) and Machines ($173).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bulgaria Malawi+$112kVaccines, blood, antisera, toxins and cultures

Top Product Potential Malawi Bulgaria+$623kRaw Tobacco

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 Malawi. This means that a dot/product with the flag of Bulgaria indicates it has a comparative advantage over Malawi. Similarly, a dot/product with the flag of Malawi indicates it has a comparative advantage over Bulgaria.

About

Historical Data

Bilateral Trade by Products

Exports from Bulgaria () to Malawi () (2023)

Exports from Malawi () to Bulgaria () (2023)

Latest Data

Trade between Bulgaria () and Malawi ()

Bulgaria Exports

Malawi Exports

Market Competitiveness

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

Comparative Advantage Bulgaria - Malawi

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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