2022
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GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
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GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
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 GDP
$89BCURRENT US$
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2012-2022
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GDP GROWTH
64%CURRENT US$
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2022
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GDP PC 
$11,972CURRENT US$
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2012-2022
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GDP PC GROWTH
12.9%CURRENT US$
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2022
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GDP PC
$13,772CURRENT US$
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2012-2022
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GDP PC GROWTH
85.3%CURRENT US$
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About

Malaysia-Bulgaria Trade: In 2022, Malaysia exported $167M to Bulgaria. The main products that Malaysia exported to Bulgaria were Integrated Circuits ($49.9M), Air Conditioners ($26.7M), and Gas Turbines ($26.6M). Over the past 5 years the exports of Malaysia to Bulgaria have increased at an annualized rate of 11.3%, from $97.6M in 2017 to $167M in 2022.

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

Bulgaria-Malaysia Trade: In 2022, Bulgaria exported $55.4M to Malaysia. The main products that Bulgaria exported to Malaysia were Integrated Circuits ($14.1M), Carbonates ($10.2M), and Medical Instruments ($3.59M). Over the past 5 years the exports of Bulgaria to Malaysia have increased at an annualized rate of 7.36%,  from $38.8M in 2017 to $55.4M in 2022.

In 2020, Bulgaria exported services to Malaysia worth $2.4M, with Computer and information services ($800k), Transportation ($685k), and Travel ($571k) being the largest in terms of value.

Comparison: In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B). 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
Value

In 2022, Malaysia exported $167M to Bulgaria. The main products exported from Malaysia to Bulgaria were Integrated Circuits ($49.9M), Air Conditioners ($26.7M), and Gas Turbines ($26.6M). During the last 5 years the exports of Malaysia to Bulgaria have increased at an annualized rate of 11.3%, from $97.6M in 2017 to $167M in 2022.

In 2017, Bulgaria exported $55.4M to Malaysia. The main products exported from Bulgaria to Malaysia were Integrated Circuits ($14.1M), Carbonates ($10.2M), and Medical Instruments ($3.59M). During the last 5 years the exports of Bulgaria to Malaysia have increased at an annualized rate of 7.36%, from $38.8M in 2022 to $55.4M in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top Destination
Singapore$53.8B
Bulgaria
Top Destination
Germany$6.91B

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

In 2022, countries that imported more from Malaysia than Bulgaria included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2022, countries that imported more from Bulgaria than Malaysia included Romania ($6.55B), Greece ($2.93B), and Italy ($3.85B).

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

Comparative Advantage Malaysia - Bulgaria

Flow
Scale

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

During 2022, Malaysia had a large net trade with Bulgaria in the exports of Machines ($120M), Instruments ($16.2M), and Plastics and Rubbers ($13.3M).

During 2017, Bulgaria had a large net trade with Malaysia in the exports of Machines ($22.8M), Chemical Products ($14.2M), and Instruments ($4.45M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Bulgaria+$27.1MIntegrated Circuits
Top Product Potential Bulgaria Malaysia+$10.7MIntegrated Circuits

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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Bilateral Service Trade

In 2020, Bulgaria exported services to Malaysia worth $2.4M, with Computer and information services ($800k), Transportation ($685k), and Travel ($571k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bulgaria (Flag) to Malaysia (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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