Bulgaria (BGR) and Palestine (PSE) Trade | The Observatory of Economic Complexity

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Bulgaria-Palestine Trade: In 2022, Bulgaria exported $5.87M to Palestine. The main products that Bulgaria exported to Palestine were Wadding ($850k), Baked Goods ($577k), and Insulated Wire ($384k). Over the past 5 years the exports of Bulgaria to Palestine have increased at an annualized rate of 0.55%, from $5.71M in 2017 to $5.87M in 2022.

In 2022, Bulgaria did not export any services to Palestine.

Palestine-Bulgaria Trade: In 2022, Palestine exported $19.5k to Bulgaria. The main products that Palestine exported to Bulgaria were N/A. Over the past 5 years the exports of Palestine to Bulgaria have increased at an annualized rate of 99.4%, from $620 in 2017 to $19.5k in 2022.

In 2022, Palestine 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, Palestine ranked 150 in total exports ($1.61B), 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 2022, Bulgaria exported $5.87M to Palestine. The main products exported from Bulgaria to Palestine were Wadding ($850k), Baked Goods ($577k), and Insulated Wire ($384k). During the last 5 years the exports of Bulgaria to Palestine have increased at an annualized rate of 0.55%, from $5.71M in 2017 to $5.87M in 2022.

In 2015, Palestine exported $19.5k to Bulgaria. There were not main exports from Palestine to Bulgaria in 2015. During the last 5 years the exports of Palestine to Bulgaria have increased at an annualized rate of 99.4%, from $620 in 2020 to $19.5k in 2015.

Exports from Bulgaria () to Palestine () (2022)

Exports from Palestine () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Palestine ()

Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bulgaria
Top DestinationGermany$6.91B

Palestine
Top DestinationIsrael$1.3B

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

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

In 2022, countries that imported more from Palestine than Bulgaria included Israel ($1.3B), Jordan ($159M), and Bermuda ($9.32k).

Difference in imports from Palestine () and Bulgaria () (2022)

Comparative Advantage Bulgaria - Palestine

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bulgaria had a large net trade with Palestine in the exports of Foodstuffs ($1.12M), Machines ($915k), and Textiles ($857k).

During 2015, Palestine had a large net trade with Bulgaria in the exports of .

Potential Exports

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

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Historical Data

Bilateral Trade by Products

Exports from Bulgaria () to Palestine () (2022)

Exports from Palestine () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Palestine ()

Bulgaria Exports

Market Competitiveness

Difference in imports from Palestine () and Bulgaria () (2022)

Comparative Advantage Bulgaria - Palestine

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bulgaria () and Palestine () (2022)

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