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2022
Flag → Flag
Exports $123kRnk 169 / 206
2022
Flag → Flag
Top Product $28.7kOther Edible Preparations
2022
Flag → Flag
Exports $13Rnk 91 / 92
2022
Flag → Flag
Top Product $13Shaving Products
2022
Flag
Economic Complexity (ECI) ECI 0.68Rnk 38 / 133
2022
Flag  
GDP$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH64%CURRENT US$
Rnk 37 / 186
2022
Flag
 GDP$2.27BCURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP GROWTH60.6%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC $13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH85.3%CURRENT US$
Rnk 13 / 186
2022
Flag
GDP PC$840CURRENT US$
Rnk 172 / 186
2012-2022
Flag
GDP PC GROWTH22.4%CURRENT US$
Rnk 78 / 186

About

Bulgaria-Gambia Trade: In 2022, Bulgaria exported $123k to Gambia. The main products that Bulgaria exported to Gambia were Other Edible Preparations ($28.7k), Cars ($24.5k), and Unsaturated Acyclic Monocarboxylic Acids ($22.7k). Over the past 5 years the exports of Bulgaria to Gambia have increased at an annualized rate of 23.9%, from $42.4k in 2017 to $123k in 2022.

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

Gambia-Bulgaria Trade: In 2022, Gambia exported $13 to Bulgaria. The main products that Gambia exported to Bulgaria were Shaving Products ($13). Over the past 5 years the exports of Gambia to Bulgaria have decreased at an annualized rate of 53%,  from $566 in 2017 to $13 in 2022.

In 2022, Gambia 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, Gambia ranked 193 in total exports ($170M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $123k to Gambia. The main products exported from Bulgaria to Gambia were Other Edible Preparations ($28.7k), Cars ($24.5k), and Unsaturated Acyclic Monocarboxylic Acids ($22.7k). During the last 5 years the exports of Bulgaria to Gambia have increased at an annualized rate of 23.9%, from $42.4k in 2017 to $123k in 2022.

In 2017, Gambia exported $13 to Bulgaria. The main products exported from Gambia to Bulgaria were Shaving Products ($13). During the last 5 years the exports of Gambia to Bulgaria have decreased at an annualized rate of 53%, from $566 in 2022 to $13 in 2017.

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

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

Latest Data

Trade between Bulgaria (Flag) and Gambia (Flag)

Bulgaria Exports

Market Competitiveness

Color
Bulgaria
Top DestinationGermany$6.91B
Gambia
Top DestinationIndia$52.9M

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

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

In 2022, countries that imported more from Gambia than Bulgaria included Guyana ($1.73M).

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

Comparative Advantage Bulgaria - Gambia

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Gambia in the exports of Chemical Products ($43.4k), Transportation ($37k), and Foodstuffs ($28.7k).

During 2017, Gambia had a large net trade with Bulgaria in the exports of Chemical Products ($13).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bulgaria Gambia+$50.9kCars
Top Product Potential Gambia Bulgaria+$1.57kScrap Iron

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

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

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