Tanzania (TZA) and Bulgaria (BGR) Trade | The Observatory of Economic Complexity

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Tanzania-Bulgaria Trade: In 2023, Tanzania exported $118M to Bulgaria. The main products that Tanzania exported to Bulgaria were Refined Copper ($106M), Copper Ore ($6.03M), and Precious Metal Ore ($2.74M). Over the past 5 years the exports of Tanzania to Bulgaria have increased at an annualized rate of 47.2%, from $17.1M in 2018 to $118M in 2023.

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

Bulgaria-Tanzania Trade: In 2023, Bulgaria exported $11M to Tanzania. The main products that Bulgaria exported to Tanzania were Calculators ($5.05M), Carbonates ($734k), and Combustion Engines ($677k). Over the past 5 years the exports of Bulgaria to Tanzania have increased at an annualized rate of 5.38%, from $8.49M in 2018 to $11M in 2023.

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

Comparison: In 2023, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Tanzania exported $118M to Bulgaria. The main products exported from Tanzania to Bulgaria were Refined Copper ($106M), Copper Ore ($6.03M), and Precious Metal Ore ($2.74M). During the last 5 years the exports of Tanzania to Bulgaria have increased at an annualized rate of 47.2%, from $17.1M in 2018 to $118M in 2023.

In 2018, Bulgaria exported $11M to Tanzania. The main products exported from Bulgaria to Tanzania were Calculators ($5.05M), Carbonates ($734k), and Combustion Engines ($677k). During the last 5 years the exports of Bulgaria to Tanzania have increased at an annualized rate of 5.38%, from $8.49M in 2023 to $11M in 2018.

Exports from Tanzania () to Bulgaria () (2023)

Exports from Bulgaria () to Tanzania () (2023)

Latest Data

Trade between Tanzania () and Bulgaria ()

Tanzania Exports

Date

Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tanzania
Top DestinationIndia$1.74B

Bulgaria
Top DestinationGermany$6.84B

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

In 2023, countries that imported more from Tanzania than Bulgaria included India ($1.74B), United Arab Emirates ($1.62B), and Uganda ($1.35B).

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

Difference in imports from Bulgaria () and Tanzania () (2023)

Comparative Advantage Tanzania - Bulgaria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Tanzania had a large net trade with Bulgaria in the exports of Metals ($106M), Mineral Products ($8.77M), and Foodstuffs ($2.09M).

During 2018, Bulgaria had a large net trade with Tanzania in the exports of Machines ($8.25M), Chemical Products ($1.23M), and Vegetable Products ($671k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Tanzania Bulgaria+$6.16MCopper Ore

Top Product Potential Bulgaria Tanzania+$347kTelephones

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Tanzania () to Bulgaria () (2023)

Exports from Bulgaria () to Tanzania () (2023)

Latest Data

Trade between Tanzania () and Bulgaria ()

Tanzania Exports

Bulgaria Exports

Market Competitiveness

Difference in imports from Bulgaria () and Tanzania () (2023)

Comparative Advantage Tanzania - Bulgaria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Tanzania () and Bulgaria () (2023)

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