2023
Flag  
GDP
$102BCURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP GROWTH
83.4%CURRENT US$
Rnk 30 / 195
2023
Flag
 GDP
$108BCURRENT US$
Rnk 67 / 195
2013-2023
Flag
GDP GROWTH
75.2%CURRENT US$
Rnk 34 / 195
2023
Flag
GDP PC 
$15,886CURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP PC GROWTH
107%CURRENT US$
Rnk 6 / 195
2023
Flag
GDP PC
$1,952CURRENT US$
Rnk 160 / 196
2013-2023
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GDP PC GROWTH
42.4%CURRENT US$
Rnk 57 / 195

About

Bulgaria-Kenya Trade: In 2023, Bulgaria exported $4.02M to Kenya. The main products that Bulgaria exported to Kenya were Kraft Paper ($449k), Other Heating Machinery ($331k), and Video and Card Games ($267k). Over the past 5 years the exports of Bulgaria to Kenya have decreased at an annualized rate of 22.1%, from $14M in 2018 to $4.02M in 2023.

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

Kenya-Bulgaria Trade: In 2023, Kenya exported $4.25M to Bulgaria. The main products that Kenya exported to Bulgaria were Refined Copper ($3.39M), Raw Tobacco ($281k), and Wool ($141k). Over the past 5 years the exports of Kenya to Bulgaria have increased at an annualized rate of 48.9%,  from $581k in 2018 to $4.25M in 2023.

In 2023, Kenya 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, Kenya ranked 86 in the Economic Complexity Index (ECI -0.47), and 109 in total exports ($8.59B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bulgaria exported $4.02M to Kenya. The main products exported from Bulgaria to Kenya were Kraft Paper ($449k), Other Heating Machinery ($331k), and Video and Card Games ($267k). During the last 5 years the exports of Bulgaria to Kenya have decreased at an annualized rate of 22.1%, from $14M in 2018 to $4.02M in 2023.

In 2018, Kenya exported $4.25M to Bulgaria. The main products exported from Kenya to Bulgaria were Refined Copper ($3.39M), Raw Tobacco ($281k), and Wool ($141k). During the last 5 years the exports of Kenya to Bulgaria have increased at an annualized rate of 48.9%, from $581k in 2023 to $4.25M in 2018.

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

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

Latest Data

Trade between Bulgaria (Flag) and Kenya (Flag)

Bulgaria Exports

Kenya Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.84B
Kenya
Top Destination
Uganda$893M

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

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

In 2023, countries that imported more from Kenya than Bulgaria included Uganda ($893M), United Arab Emirates ($716M), and Pakistan ($520M).

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

Comparative Advantage Bulgaria - Kenya

Flow
Scale

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

During 2023, Bulgaria had a large net trade with Kenya in the exports of Machines ($1.23M), Chemical Products ($512k), and Paper Goods ($461k).

During 2018, Kenya had a large net trade with Bulgaria in the exports of Metals ($3.39M), Foodstuffs ($454k), and Vegetable Products ($173k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bulgaria Kenya+$929kPackaged Medicaments
Top Product Potential Kenya Bulgaria+$419kCoffee

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

Product Space of Bulgaria (Flag) and Kenya (Flag) (2023)

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