Bulgaria (BGR) and Algeria (DZA) Trade | The Observatory of Economic Complexity

About

Bulgaria-Algeria Trade: In 2022, Bulgaria exported $151M to Algeria. The main products that Bulgaria exported to Algeria were Wheat ($476M), Particle Board ($14.1M), and Carbonates ($13.7M). Over the past 5 years the exports of Bulgaria to Algeria have increased at an annualized rate of 43.4%, from $24.9M in 2017 to $151M in 2022.

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

Algeria-Bulgaria Trade: In 2022, Algeria exported $785k to Bulgaria. The main products that Algeria exported to Bulgaria were Ammonia ($41.5M), Nitrogenous Fertilizers ($6.76M), and Other Lead Products ($4.12M). Over the past 5 years the exports of Algeria to Bulgaria have decreased at an annualized rate of 58.4%, from $62.8M in 2017 to $785k in 2022.

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

Comparison: In 2022, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B). That same year, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bulgaria exported $151M to Algeria. The main products exported from Bulgaria to Algeria were Wheat ($476M), Particle Board ($14.1M), and Carbonates ($13.7M). During the last 5 years the exports of Bulgaria to Algeria have increased at an annualized rate of 43.4%, from $24.9M in 2017 to $151M in 2022.

In 2017, Algeria exported $785k to Bulgaria. The main products exported from Algeria to Bulgaria were Ammonia ($41.5M), Nitrogenous Fertilizers ($6.76M), and Other Lead Products ($4.12M). During the last 22 years the exports of Algeria to Bulgaria have decreased at an annualized rate of 58.4%, from $62.8M in 1995 to $785k in 2017.

Exports from Bulgaria () to Algeria () (2022)

Exports from Algeria () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Algeria ()

Bulgaria Exports

Date

Algeria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bulgaria
Top DestinationGermany$6.91B

Algeria
Top DestinationItaly$16.9B

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

In 2022, countries that imported more from Bulgaria than Algeria included Romania ($6.55B), Germany ($6.91B), and Greece ($2.93B).

In 2022, countries that imported more from Algeria than Bulgaria included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

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

Comparative Advantage Bulgaria - Algeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bulgaria had a large net trade with Algeria in the exports of Vegetable Products ($477M), Chemical Products ($31.1M), and Wood Products ($20.8M).

During 2017, Algeria had a large net trade with Bulgaria in the exports of Chemical Products ($48.2M), Metals ($6.98M), and Mineral Products ($5.28M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bulgaria Algeria+$1.64MRefined Petroleum

Top Product Potential Algeria Bulgaria+$12.3MPetroleum Gas

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bulgaria () to Algeria () (2022)

Exports from Algeria () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Algeria ()

Bulgaria Exports

Algeria Exports

Market Competitiveness

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

Comparative Advantage Bulgaria - Algeria

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring