2023
Flag  
GDP
$102BCURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP GROWTH
83.4%CURRENT US$
Rnk 30 / 195
2023
Flag
GDP PC 
$15,886CURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP PC GROWTH
107%CURRENT US$
Rnk 6 / 195

About

Bulgaria-Gibraltar Trade: In 2023, Bulgaria exported $186M to Gibraltar. The main products that Bulgaria exported to Gibraltar were Coal Tar Oil ($98.6M), Refined Petroleum ($87M), and Broadcasting Equipment ($120k). Over the past 5 years the exports of Bulgaria to Gibraltar have decreased at an annualized rate of 0.6%, from $192M in 2018 to $186M in 2023.

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

Gibraltar-Bulgaria Trade: In 2023, Gibraltar exported $29.5k to Bulgaria. The main products that Gibraltar exported to Bulgaria were Cars ($23.2k), Computers ($4.9k), and Motorcycles and cycles ($1.37k). Over the past 5 years the exports of Gibraltar to Bulgaria have increased at an annualized rate of 46.7%,  from $4.34k in 2018 to $29.5k in 2023.

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

Comparison In 2023,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69),  and 59 in total exports ($50.6B). That same year, Gibraltar ranked 177 in total exports ($296M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bulgaria exported $186M to Gibraltar. The main products exported from Bulgaria to Gibraltar were Coal Tar Oil ($98.6M), Refined Petroleum ($87M), and Broadcasting Equipment ($120k). During the last 5 years the exports of Bulgaria to Gibraltar have decreased at an annualized rate of 0.6%, from $192M in 2018 to $186M in 2023.

In 2018, Gibraltar exported $29.5k to Bulgaria. The main products exported from Gibraltar to Bulgaria were Cars ($23.2k), Computers ($4.9k), and Motorcycles and cycles ($1.37k). During the last 5 years the exports of Gibraltar to Bulgaria have increased at an annualized rate of 46.7%, from $4.34k in 2023 to $29.5k in 2018.

Exports from Bulgaria (Flag) to Gibraltar (Flag) (2023)

Exports from Gibraltar (Flag) to Bulgaria (Flag) (2023)

Latest Data

Trade between Bulgaria (Flag) and Gibraltar (Flag)

Bulgaria Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.84B
Gibraltar
Top Destination
Netherlands$113M

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

In 2023, countries that imported more from Gibraltar than Bulgaria included Zimbabwe ($489k).

Difference in imports from Gibraltar (Flag) and Bulgaria (Flag) (2023)

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 2023, Bulgaria had a large net trade with Gibraltar in the exports of Mineral Products ($186M), Machines ($133k), and Foodstuffs ($81.5k).

During 2018, Gibraltar had a large net trade with Bulgaria in the exports of Transportation ($24.6k) and Machines ($4.9k).

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) (2023)

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