2022
Flag  
GDP
$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH
64%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC 
$13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH
85.3%CURRENT US$
Rnk 13 / 186

About

Bulgaria-Gibraltar Trade: In 2022, Bulgaria exported $75.8M to Gibraltar. The main products that Bulgaria exported to Gibraltar were Refined Petroleum ($419M), Coal Tar Oil ($133M), and Broadcasting Equipment ($147k). Over the past 5 years the exports of Bulgaria to Gibraltar have increased at an annualized rate of 82.7%, from $3.72M in 2017 to $75.8M in 2022.

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

Gibraltar-Bulgaria Trade: In 2022, Gibraltar exported $1.58k to Bulgaria. The main products that Gibraltar exported to Bulgaria were Other Sea Vessels ($145k), Cars ($11.7k), and Computers ($4.38k). Over the past 5 years the exports of Gibraltar to Bulgaria have decreased at an annualized rate of 52.7%,  from $66.5k in 2017 to $1.58k in 2022.

In 2022, Gibraltar 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, Gibraltar ranked 173 in total exports ($411M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $75.8M to Gibraltar. The main products exported from Bulgaria to Gibraltar were Refined Petroleum ($419M), Coal Tar Oil ($133M), and Broadcasting Equipment ($147k). During the last 5 years the exports of Bulgaria to Gibraltar have increased at an annualized rate of 82.7%, from $3.72M in 2017 to $75.8M in 2022.

In 2017, Gibraltar exported $1.58k to Bulgaria. The main products exported from Gibraltar to Bulgaria were Other Sea Vessels ($145k), Cars ($11.7k), and Computers ($4.38k). During the last 20 years the exports of Gibraltar to Bulgaria have decreased at an annualized rate of 52.7%, from $66.5k in 1997 to $1.58k in 2017.

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

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

Latest Data

Trade between Bulgaria (Flag) and Gibraltar (Flag)

Bulgaria Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
Gibraltar
Top Destination
Ireland$81.4M

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

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

In 2022, countries that imported more from Gibraltar than Bulgaria included Cape Verde ($12.5M).

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

Comparative Advantage Bulgaria - Gibraltar

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Gibraltar in the exports of Mineral Products ($552M), Machines ($147k), and Transportation ($7.89k).

During 2017, Gibraltar had a large net trade with Bulgaria in the exports of Transportation ($160k), Machines ($4.38k), and Foodstuffs ($423).

Economic Complexity

Competitive Landscape

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

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

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