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Pricing

2022
Flag → Flag
Exports $16.1MRnk 32 / 79
2022
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Top Product $9.67MNitrogenous Fertilizers
2022
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Exports $199MRnk 39 / 206
2022
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Top Product $135MRefined Petroleum
2022
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Economic Complexity (ECI) ECI -0.84Rnk 96 / 124
2022
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Economic Complexity (ECI) ECI 0.66Rnk 37 / 124
2022
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GDP$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
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GDP GROWTH-50.6%CURRENT US$
Rnk 186 / 186
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 PC $6,716CURRENT US$
Rnk 97 / 186
2012-2022
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GDP PC GROWTH-57.4%CURRENT US$
Rnk 185 / 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

About

Libya-Bulgaria In 2022, Libya exported $16.1M to Bulgaria. The main products that Libya exported to Bulgaria are Nitrogenous Fertilizers ($9.67M), Ammonia ($6.4M), and Electrical Control Boards ($1.07k). During the last 26 years the exports of Libya to Bulgaria have increased at an annualized rate of 15%, from $427k in 1996 to $16.1M in 2022.

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

Bulgaria-Libya In 2022, Bulgaria exported $199M to Libya. The main products that Bulgaria exported to Libya were Refined Petroleum ($135M), Rolled Tobacco ($17M), and Corn ($15.2M). During the last 26 years the exports of Bulgaria to Libya have increased at an annualized rate of 12.7%, from $8.9M in 1996 to $199M in 2022.

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

Comparison In 2022,  Libya ranked 96 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B). That same year, Bulgaria ranked 37 in the Economic Complexity Index (ECI 0.66), and 60 in total exports ($51.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Libya exported $16.1M to Bulgaria. The main products exported from Libya to Bulgaria were Nitrogenous Fertilizers ($9.67M), Ammonia ($6.4M), and Electrical Control Boards ($1.07k). During the last 26 years the exports of Libya to Bulgaria have increased at an annualized rate of 15%, from $427k in 1996 to $16.1M in 2022.

In 2022, Bulgaria exported $199M to Libya. The main products exported from Bulgaria to Libya were Refined Petroleum ($135M), Rolled Tobacco ($17M), and Corn ($15.2M). During the last 26 years the exports of Bulgaria to Libya have increased at an annualized rate of 12.7%, from $8.9M in 1996 to $199M in 2022.

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

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

Latest Data

Trade between Libya (Flag) and Bulgaria (Flag)

Bulgaria Exports

Market Competitiveness

Color
Libya
Top DestinationItaly$9.26B
Bulgaria
Top DestinationGermany$6.91B

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

In 2021, countries that imported more from Libya than Bulgaria were Italy ($9.26B), Spain ($3.48B), and Thailand ($1.67B).

In 2021, countries that imported more from Bulgaria than Libya were Romania ($6.55B), Germany ($6.91B), and Turkey ($2.95B).

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

Comparative Advantage Libya - Bulgaria

Flow
Scale

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

During 2022, Libya had a large net trade with Bulgaria in the exports of Chemical Products ($16.1M), Machines ($1.64k), and Plastics and Rubbers ($1.01k).

During 2022, Bulgaria had a large net trade with Libya in the exports of Mineral Products ($135M), Foodstuffs ($33.5M), and Vegetable Products ($24.1M).

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

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

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