2022
Flag  
GDP
$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH
64%CURRENT US$
Rnk 37 / 186
2022
Flag
 GDP
$29.8BCURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC 
$13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH
85.3%CURRENT US$
Rnk 13 / 186
2022
Flag
GDP PC
$1,488CURRENT US$
Rnk 158 / 186
2012-2022
Flag
GDP PC GROWTH
-14%CURRENT US$
Rnk 165 / 186

About

Bulgaria-Zambia Trade: In 2022, Bulgaria exported $5.4M to Zambia. The main products that Bulgaria exported to Zambia were Nitrogenous Fertilizers ($3.42M), Tobacco Processing Machines ($1.09M), and Liquid Dispersing Machines ($165k). Over the past 5 years the exports of Bulgaria to Zambia have increased at an annualized rate of 76.3%, from $317k in 2017 to $5.4M in 2022.

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

Zambia-Bulgaria Trade: In 2022, Zambia exported $1.14M to Bulgaria. The main products that Zambia exported to Bulgaria were Ferroalloys ($519k), Raw Tobacco ($517k), and Agglomerated Cork ($36.2k). Over the past 5 years the exports of Zambia to Bulgaria have increased at an annualized rate of 43.1%,  from $190k in 2017 to $1.14M in 2022.

In 2022, Zambia 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, Zambia ranked 96 in the Economic Complexity Index (ECI -0.7), and 88 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $5.4M to Zambia. The main products exported from Bulgaria to Zambia were Nitrogenous Fertilizers ($3.42M), Tobacco Processing Machines ($1.09M), and Liquid Dispersing Machines ($165k). During the last 5 years the exports of Bulgaria to Zambia have increased at an annualized rate of 76.3%, from $317k in 2017 to $5.4M in 2022.

In 2017, Zambia exported $1.14M to Bulgaria. The main products exported from Zambia to Bulgaria were Ferroalloys ($519k), Raw Tobacco ($517k), and Agglomerated Cork ($36.2k). During the last 5 years the exports of Zambia to Bulgaria have increased at an annualized rate of 43.1%, from $190k in 2022 to $1.14M in 2017.

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

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

Latest Data

Trade between Bulgaria (Flag) and Zambia (Flag)

Bulgaria Exports

Zambia Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
Zambia
Top Destination
Switzerland$4.5B

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

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

In 2022, countries that imported more from Zambia than Bulgaria included Switzerland ($4.5B), China ($2.6B), and Democratic Republic of the Congo ($1.51B).

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

Comparative Advantage Bulgaria - Zambia

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Zambia in the exports of Chemical Products ($3.57M), Machines ($1.65M), and Mineral Products ($63.6k).

During 2017, Zambia had a large net trade with Bulgaria in the exports of Metals ($519k), Foodstuffs ($517k), and Wood Products ($50k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bulgaria Zambia+$619kNitrogenous Fertilizers
Top Product Potential Zambia Bulgaria+$571kRaw 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

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

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

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