Maldives (MDV) and Bulgaria (BGR) Trade | The Observatory of Economic Complexity

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Maldives-Bulgaria Trade: In 2022, Maldives exported $596 to Bulgaria. The main products that Maldives exported to Bulgaria were Other Electrical Machinery ($596). Over the past 8 years the exports of Maldives to Bulgaria have decreased at an annualized rate of 1.08%, from $650 in 2014 to $596 in 2022.

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

Bulgaria-Maldives Trade: In 2022, Bulgaria exported $2.47M to Maldives. The main products that Bulgaria exported to Maldives were Military Weapons ($945k), LCDs ($170k), and Sports Equipment ($130k). Over the past 8 years the exports of Bulgaria to Maldives have increased at an annualized rate of 39.9%, from $461k in 2014 to $2.47M in 2022.

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

Comparison In 2022, Maldives ranked 166 in total exports ($689M), and does not have data regarding Economic Complexity Index. That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Maldives exported $596 to Bulgaria. The main products exported from Maldives to Bulgaria were Other Electrical Machinery ($596). During the last 8 years the exports of Maldives to Bulgaria have decreased at an annualized rate of 1.08%, from $650 in 2014 to $596 in 2022.

In 2017, Bulgaria exported $2.47M to Maldives. The main products exported from Bulgaria to Maldives were Military Weapons ($945k), LCDs ($170k), and Sports Equipment ($130k). During the last 5 years the exports of Bulgaria to Maldives have increased at an annualized rate of 39.9%, from $461k in 2022 to $2.47M in 2017.

Exports from Maldives () to Bulgaria () (2022)

Exports from Bulgaria () to Maldives () (2022)

Latest Data

Trade between Maldives () and Bulgaria ()

Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Maldives
Top DestinationIndia$488M

Bulgaria
Top DestinationGermany$6.91B

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

In 2022, countries that imported more from Maldives than Bulgaria included India ($488M), Mauritius ($11.1M), and Seychelles ($6.14M).

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

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

Comparative Advantage Maldives - Bulgaria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Maldives had a large net trade with Bulgaria in the exports of Machines ($596).

During 2017, Bulgaria had a large net trade with Maldives in the exports of Weapons ($976k), Machines ($312k), and Foodstuffs ($305k).

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

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Historical Data

Bilateral Trade by Products

Exports from Maldives () to Bulgaria () (2022)

Exports from Bulgaria () to Maldives () (2022)

Latest Data

Trade between Maldives () and Bulgaria ()

Bulgaria Exports

Market Competitiveness

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

Comparative Advantage Maldives - Bulgaria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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