2023
Flag
 GDP
$102BCURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP GROWTH
83.4%CURRENT US$
Rnk 30 / 195
2023
Flag
GDP PC
$15,886CURRENT US$
Rnk 72 / 196
2013-2023
Flag
GDP PC GROWTH
107%CURRENT US$
Rnk 6 / 195

About

Gibraltar-Bulgaria Trade: In 2023, Gibraltar exported $29.5k to Bulgaria. The main products that Gibraltar exported to Bulgaria were Cars ($23.2k), Computers ($4.9k), and Motorcycles and cycles ($1.37k). Over the past 5 years the exports of Gibraltar to Bulgaria have increased at an annualized rate of 46.7%, from $4.34k in 2018 to $29.5k in 2023.

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

Bulgaria-Gibraltar Trade: In 2023, Bulgaria exported $186M to Gibraltar. The main products that Bulgaria exported to Gibraltar were Coal Tar Oil ($98.6M), Refined Petroleum ($87M), and Broadcasting Equipment ($120k). Over the past 5 years the exports of Bulgaria to Gibraltar have decreased at an annualized rate of 0.6%,  from $192M in 2018 to $186M in 2023.

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

Comparison In 2023,  Gibraltar ranked 177 in total exports ($296M), and does not have data regarding Economic Complexity Index. That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Gibraltar exported $29.5k to Bulgaria. The main products exported from Gibraltar to Bulgaria were Cars ($23.2k), Computers ($4.9k), and Motorcycles and cycles ($1.37k). During the last 5 years the exports of Gibraltar to Bulgaria have increased at an annualized rate of 46.7%, from $4.34k in 2018 to $29.5k in 2023.

In 2018, Bulgaria exported $186M to Gibraltar. The main products exported from Bulgaria to Gibraltar were Coal Tar Oil ($98.6M), Refined Petroleum ($87M), and Broadcasting Equipment ($120k). During the last 5 years the exports of Bulgaria to Gibraltar have decreased at an annualized rate of 0.6%, from $192M in 2023 to $186M in 2018.

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

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

Latest Data

Trade between Gibraltar (Flag) and Bulgaria (Flag)

Bulgaria Exports

Market Competitiveness

Color
Gibraltar
Top Destination
Netherlands$113M
Bulgaria
Top Destination
Germany$6.84B

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

In 2023, countries that imported more from Gibraltar than Bulgaria included Zimbabwe ($489k).

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

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

Comparative Advantage Gibraltar - Bulgaria

Flow
Scale

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

During 2023, Gibraltar had a large net trade with Bulgaria in the exports of Transportation ($24.6k) and Machines ($4.9k).

During 2018, Bulgaria had a large net trade with Gibraltar in the exports of Mineral Products ($186M), Machines ($133k), and Foodstuffs ($81.5k).

Economic Complexity

Competitive Landscape

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

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

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