Bulgaria (BGR) and Maldives (MDV) Trade | The Observatory of Economic Complexity

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Bulgaria-Maldives Trade: In 2022, Bulgaria exported $2.47M to Maldives. The main products that Bulgaria exported to Maldives were Military Weapons ($945k), LCDs ($170k), and Sports Equipment ($130k). Over the past 5 years the exports of Bulgaria to Maldives have increased at an annualized rate of 39.9%, from $461k in 2017 to $2.47M in 2022.

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

Maldives-Bulgaria In N/A, Maldives did not export any products to Bulgaria.

In 2022, Maldives 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, Maldives ranked 166 in total exports ($689M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bulgaria exported $2.47M to Maldives. The main products exported from Bulgaria to Maldives were Military Weapons ($945k), LCDs ($170k), and Sports Equipment ($130k). During the last 5 years the exports of Bulgaria to Maldives have increased at an annualized rate of 39.9%, from $461k in 2017 to $2.47M in 2022.

Maldives does not register exports to Bulgaria. The main products exported from Maldives to Bulgaria were Other Electrical Machinery ($596).

Exports from Bulgaria () to Maldives () (2022)

Exports from Maldives () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Maldives ()

Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bulgaria
Top DestinationGermany$6.91B

Maldives
Top DestinationIndia$488M

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

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

In 2022, countries that imported more from Maldives than Bulgaria included India ($488M), Mauritius ($11.1M), and Seychelles ($6.14M).

Difference in imports from Maldives () and Bulgaria () (2022)

Comparative Advantage Bulgaria - Maldives

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bulgaria had a large net trade with Maldives in the exports of Weapons ($976k), Machines ($312k), and Foodstuffs ($305k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bulgaria () to Maldives () (2022)

Exports from Maldives () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Maldives ()

Bulgaria Exports

Market Competitiveness

Difference in imports from Maldives () and Bulgaria () (2022)

Comparative Advantage Bulgaria - Maldives

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bulgaria () and Maldives () (2022)

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