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Pricing

2023
Flag → Flag
Exports $34.5kRnk 184 / 200
2023
Flag → Flag
Top Product $17.2kFlavored Water
2023
Flag → Flag
Exports $1.98kRnk 4 / 0
2023
Flag
Economic Complexity (ECI) ECI 0.69Rnk 38 / 132
2023
Flag  
GDP$102BCURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP GROWTH83.4%CURRENT US$
Rnk 30 / 195
2023
Flag
 GDP$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP GROWTH-43.8%CURRENT US$
Rnk 195 / 195
2023
Flag
GDP PC $15,886CURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP PC GROWTH107%CURRENT US$
Rnk 6 / 195
2023
Flag
GDP PC$6,678CURRENT US$
Rnk 108 / 196
2013-2023
Flag
GDP PC GROWTH-59%CURRENT US$
Rnk 195 / 195

About

Bulgaria-Equatorial Guinea Trade: In 2023, Bulgaria exported $34.5k to Equatorial Guinea. The main products that Bulgaria exported to Equatorial Guinea were Flavored Water ($17.2k), Fruit Juice ($12.3k), and Vaccines, blood, antisera, toxins and cultures ($5.03k). Over the past 5 years the exports of Bulgaria to Equatorial Guinea have decreased at an annualized rate of 23.7%, from $133k in 2018 to $34.5k in 2023.

In 2023, Bulgaria did not export any services to Equatorial Guinea.

Equatorial Guinea-Bulgaria Trade: In 2023, Equatorial Guinea exported $1.98k to Bulgaria. The main products that Equatorial Guinea exported to Bulgaria were N/A. Over the past 5 years the exports of Equatorial Guinea to Bulgaria have decreased at an annualized rate of 65.8%,  from $426k in 2018 to $1.98k in 2023.

In 2023, Equatorial Guinea 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, Equatorial Guinea ranked 127 in total exports ($5.13B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bulgaria exported $34.5k to Equatorial Guinea. The main products exported from Bulgaria to Equatorial Guinea were Flavored Water ($17.2k), Fruit Juice ($12.3k), and Vaccines, blood, antisera, toxins and cultures ($5.03k). During the last 5 years the exports of Bulgaria to Equatorial Guinea have decreased at an annualized rate of 23.7%, from $133k in 2018 to $34.5k in 2023.

In 2017, Equatorial Guinea exported $1.98k to Bulgaria. There were not main exports from Equatorial Guinea to Bulgaria in 2017. During the last 5 years the exports of Equatorial Guinea to Bulgaria have decreased at an annualized rate of 65.8%, from $426k in 2022 to $1.98k in 2017.

Exports from Bulgaria (Flag) to Equatorial Guinea (Flag) (2023)

Exports from Equatorial Guinea (Flag) to Bulgaria (Flag) (2023)

Latest Data

Trade between Bulgaria (Flag) and Equatorial Guinea (Flag)

Bulgaria Exports

Market Competitiveness

Color
Bulgaria
Top DestinationGermany$6.84B
Equatorial Guinea
Top DestinationChina$1.37B

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

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

In 2023, countries that imported more from Equatorial Guinea than Bulgaria included Chile ($137M), Japan ($165M), and Thailand ($220M).

Difference in imports from Equatorial Guinea (Flag) and Bulgaria (Flag) (2023)

Comparative Advantage Bulgaria - Equatorial Guinea

Flow
Scale

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

During 2023, Bulgaria had a large net trade with Equatorial Guinea in the exports of Foodstuffs ($29.5k) and Chemical Products ($5.03k).

During 2017, Equatorial Guinea had a large net trade with Bulgaria in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bulgaria Equatorial Guinea+$28.9kLight Fixtures
Top Product Potential Equatorial Guinea Bulgaria+$5.38kCrude Petroleum

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

Product Space of Bulgaria (Flag) and Equatorial Guinea (Flag) (2023)

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