2023
Flag  
GDP
$102BCURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP GROWTH
83.4%CURRENT US$
Rnk 30 / 195
2023
Flag
 GDP
$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH
23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC 
$15,886CURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP PC GROWTH
107%CURRENT US$
Rnk 6 / 195
2023
Flag
GDP PC
$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195

About

Bulgaria-Malaysia Trade: In 2023, Bulgaria exported $51.9M to Malaysia. The main products that Bulgaria exported to Malaysia were Integrated Circuits ($6.43M), Carbonates ($5.34M), and Seed Oils ($5.06M). Over the past 5 years the exports of Bulgaria to Malaysia have increased at an annualized rate of 5.83%, from $39.1M in 2018 to $51.9M in 2023.

In 2020, Bulgaria exported services to Malaysia worth $2.4M, with Computer and information services ($800k), Transportation ($685k), and Travel ($571k) being the largest in terms of value.

Malaysia-Bulgaria Trade: In 2023, Malaysia exported $139M to Bulgaria. The main products that Malaysia exported to Bulgaria were Integrated Circuits ($58.9M), Air Conditioners ($22.7M), and Oscilloscopes ($7.2M). Over the past 5 years the exports of Malaysia to Bulgaria have increased at an annualized rate of 6.87%,  from $99.9M in 2018 to $139M in 2023.

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bulgaria exported $51.9M to Malaysia. The main products exported from Bulgaria to Malaysia were Integrated Circuits ($6.43M), Carbonates ($5.34M), and Seed Oils ($5.06M). During the last 5 years the exports of Bulgaria to Malaysia have increased at an annualized rate of 5.83%, from $39.1M in 2018 to $51.9M in 2023.

In 2018, Malaysia exported $139M to Bulgaria. The main products exported from Malaysia to Bulgaria were Integrated Circuits ($58.9M), Air Conditioners ($22.7M), and Oscilloscopes ($7.2M). During the last 5 years the exports of Malaysia to Bulgaria have increased at an annualized rate of 6.87%, from $99.9M in 2023 to $139M in 2018.

Exports from Bulgaria (Flag) to Malaysia (Flag) (2023)

Exports from Malaysia (Flag) to Bulgaria (Flag) (2023)

Latest Data

Trade between Bulgaria (Flag) and Malaysia (Flag)

Bulgaria Exports

Malaysia Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.84B
Malaysia
Top Destination
China$79.8B

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

In 2023, countries that imported more from Bulgaria than Malaysia included Romania ($5.63B), Greece ($3.04B), and Italy ($4.06B).

In 2023, countries that imported more from Malaysia than Bulgaria included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

Difference in imports from Malaysia (Flag) and Bulgaria (Flag) (2023)

Comparative Advantage Bulgaria - Malaysia

Flow
Scale

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

During 2023, Bulgaria had a large net trade with Malaysia in the exports of Machines ($14.9M), Chemical Products ($9.11M), and Animal and Vegetable Bi-Products ($5.85M).

During 2018, Malaysia had a large net trade with Bulgaria in the exports of Machines ($97.2M), Instruments ($15.1M), and Animal and Vegetable Bi-Products ($9.02M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bulgaria Malaysia+$10.7MIntegrated Circuits
Top Product Potential Malaysia Bulgaria+$27.1MIntegrated Circuits

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

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

Product Space of Bulgaria (Flag) and Malaysia (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with