2022
Flag  
GDP
$89BCURRENT US$
Rnk 70 / 186
2012-2022
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GDP GROWTH
64%CURRENT US$
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2022
Flag
 GDP
$477BCURRENT US$
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2012-2022
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GDP GROWTH
70.8%CURRENT US$
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2022
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GDP PC 
$13,772CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
85.3%CURRENT US$
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2022
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GDP PC
$4,295CURRENT US$
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2012-2022
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GDP PC GROWTH
40.4%CURRENT US$
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About

Bulgaria-Egypt Trade: In 2022, Bulgaria exported $851M to Egypt. The main products that Bulgaria exported to Egypt were Refined Petroleum ($434M), Wheat ($228M), and Refined Copper ($56.7M). Over the past 5 years the exports of Bulgaria to Egypt have increased at an annualized rate of 7.99%, from $580M in 2017 to $851M in 2022.

In 2020, Bulgaria exported services to Egypt worth $31.4M, with Other business services ($27.9M), Transportation ($1.71M), and Computer and information services ($914k) being the largest in terms of value.

Egypt-Bulgaria Trade: In 2022, Egypt exported $283M to Bulgaria. The main products that Egypt exported to Bulgaria were Nitrogenous Fertilizers ($76.6M), Propylene Polymers ($47.4M), and Ammonia ($40.1M). Over the past 5 years the exports of Egypt to Bulgaria have decreased at an annualized rate of 13.8%,  from $594M in 2017 to $283M in 2022.

In 2022, Egypt 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, Egypt ranked 69 in the Economic Complexity Index (ECI -0.1), and 59 in total exports ($53.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $851M to Egypt. The main products exported from Bulgaria to Egypt were Refined Petroleum ($434M), Wheat ($228M), and Refined Copper ($56.7M). During the last 5 years the exports of Bulgaria to Egypt have increased at an annualized rate of 7.99%, from $580M in 2017 to $851M in 2022.

In 2017, Egypt exported $283M to Bulgaria. The main products exported from Egypt to Bulgaria were Nitrogenous Fertilizers ($76.6M), Propylene Polymers ($47.4M), and Ammonia ($40.1M). During the last 5 years the exports of Egypt to Bulgaria have decreased at an annualized rate of 13.8%, from $594M in 2022 to $283M in 2017.

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

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

Latest Data

Trade between Bulgaria (Flag) and Egypt (Flag)

Bulgaria Exports

Egypt Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
Egypt
Top Destination
Turkey$4.23B

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

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

In 2022, countries that imported more from Egypt than Bulgaria included United Arab Emirates ($2.36B), India ($2.57B), and Saudi Arabia ($2.35B).

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

Comparative Advantage Bulgaria - Egypt

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Egypt in the exports of Mineral Products ($439M), Vegetable Products ($252M), and Metals ($69.3M).

During 2017, Egypt had a large net trade with Bulgaria in the exports of Chemical Products ($121M), Plastics and Rubbers ($54.7M), and Animal and Vegetable Bi-Products ($30.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bulgaria Egypt+$10MRefined Copper
Top Product Potential Egypt Bulgaria+$23.5MPetroleum 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.

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Economic Complexity

Competitive Landscape

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

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

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