2022
Flag  
GDP
$89BCURRENT US$
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2012-2022
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GDP GROWTH
64%CURRENT US$
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2022
Flag
 GDP
$127BCURRENT US$
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2012-2022
Flag
GDP GROWTH
193%CURRENT US$
Rnk 3 / 186
2022
Flag
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
$1,028CURRENT US$
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2012-2022
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GDP PC GROWTH
124%CURRENT US$
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About

Bulgaria-Ethiopia Trade: In 2022, Bulgaria exported $14.8M to Ethiopia. The main products that Bulgaria exported to Ethiopia were Wheat ($29.3M), Calculators ($485k), and Office Machine Parts ($478k). Over the past 5 years the exports of Bulgaria to Ethiopia have increased at an annualized rate of 167%, from $110k in 2017 to $14.8M in 2022.

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

Ethiopia-Bulgaria Trade: In 2022, Ethiopia exported $4.94M to Bulgaria. The main products that Ethiopia exported to Bulgaria were Dried Legumes ($1.92M), Flax Yarn ($858k), and Scrap Plastic ($371k). Over the past 5 years the exports of Ethiopia to Bulgaria have increased at an annualized rate of 179%,  from $29.3k in 2017 to $4.94M in 2022.

In 2022, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $14.8M to Ethiopia. The main products exported from Bulgaria to Ethiopia were Wheat ($29.3M), Calculators ($485k), and Office Machine Parts ($478k). During the last 5 years the exports of Bulgaria to Ethiopia have increased at an annualized rate of 167%, from $110k in 2017 to $14.8M in 2022.

In 2017, Ethiopia exported $4.94M to Bulgaria. The main products exported from Ethiopia to Bulgaria were Dried Legumes ($1.92M), Flax Yarn ($858k), and Scrap Plastic ($371k). During the last 21 years the exports of Ethiopia to Bulgaria have increased at an annualized rate of 179%, from $29.3k in 1996 to $4.94M in 2017.

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

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

Latest Data

Trade between Bulgaria (Flag) and Ethiopia (Flag)

Bulgaria Exports

Ethiopia Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
Ethiopia
Top Destination
United Arab Emirates$723M

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

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

In 2022, countries that imported more from Ethiopia than Bulgaria included United Arab Emirates ($723M), Somalia ($265M), and Saudi Arabia ($268M).

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

Comparative Advantage Bulgaria - Ethiopia

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Ethiopia in the exports of Vegetable Products ($29.3M), Machines ($1.58M), and Chemical Products ($263k).

During 2017, Ethiopia had a large net trade with Bulgaria in the exports of Vegetable Products ($2.3M), Textiles ($858k), and Plastics and Rubbers ($371k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bulgaria Ethiopia+$4.31MWheat
Top Product Potential Ethiopia Bulgaria+$532kCoffee

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

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

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