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Pricing

2022
Flag → Flag
Exports $279kRnk 160 / 206
2022
Flag → Flag
Top Product $235kUsed Clothing
2022
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Exports $18.5MRnk 3 / 95
2022
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Top Product $17.7MInsect Resins
2022
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Economic Complexity (ECI) ECI 0.66Rnk 37 / 124
2022
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GDP$89BCURRENT US$
Rnk 70 / 186
2012-2022
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GDP GROWTH64%CURRENT US$
Rnk 37 / 186
2022
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 GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
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GDP GROWTH0%CURRENT US$
Rnk 165 / 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$462CURRENT US$
Rnk 183 / 186
2012-2022
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GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

About

Bulgaria-Somalia In 2022, Bulgaria exported $279k to Somalia. The main products that Bulgaria exported to Somalia are Used Clothing ($235k), Computers ($29.7k), and Excavation Machinery ($13.8k). During the last 13 years the exports of Bulgaria to Somalia have increased at an annualized rate of 13.1%, from $56k in 2009 to $279k in 2022.

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

Somalia-Bulgaria In 2022, Somalia exported $18.5M to Bulgaria. The main products that Somalia exported to Bulgaria were Insect Resins ($17.7M) and Other Oily Seeds ($820k). During the last 13 years the exports of Somalia to Bulgaria have increased at an annualized rate of 56.4%, from $55.2k in 2009 to $18.5M in 2022.

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

Comparison In 2022,  Bulgaria ranked 37 in the Economic Complexity Index (ECI 0.66),  and 60 in total exports ($51.9B). That same year, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $279k to Somalia. The main products exported from Bulgaria to Somalia were Used Clothing ($235k), Computers ($29.7k), and Excavation Machinery ($13.8k). During the last 13 years the exports of Bulgaria to Somalia have increased at an annualized rate of 13.1%, from $56k in 2009 to $279k in 2022.

In 2022, Somalia exported $18.5M to Bulgaria. The main products exported from Somalia to Bulgaria were Insect Resins ($17.7M) and Other Oily Seeds ($820k). During the last 25 years the exports of Somalia to Bulgaria have increased at an annualized rate of 56.4%, from $55.2k in 1997 to $18.5M in 2022.

Exports from Bulgaria (Flag) to Somalia (Flag) (2022)

Exports from Somalia (Flag) to Bulgaria (Flag) (2022)

Latest Data

Trade between Bulgaria (Flag) and Somalia (Flag)

Bulgaria Exports

Market Competitiveness

Color
Bulgaria
Top DestinationGermany$6.91B
Somalia
Top DestinationUnited Arab Emirates$283M

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

In 2021, countries that imported more from Bulgaria than Somalia were Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

In 2021, countries that imported more from Somalia than Bulgaria were Oman ($173M) and United Arab Emirates ($283M).

Difference in imports from Somalia (Flag) and Bulgaria (Flag) (2022)

Comparative Advantage Bulgaria - Somalia

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Somalia in the exports of Textiles ($235k) and Machines ($43.6k).

During 2022, Somalia had a large net trade with Bulgaria in the exports of Vegetable Products ($18.5M).

Economic Complexity

Competitive Landscape

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 Somalia. Similarly, the more yellow a dot/product is, the more Somalia has comparative advantage over Bulgaria.

Product Space of Bulgaria (Flag) and Somalia (Flag) (2022)

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