2022
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GDP
$89BCURRENT US$
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2012-2022
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GDP GROWTH
64%CURRENT US$
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2022
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 GDP
$17.8BCURRENT US$
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GDP GROWTH
87.8%CURRENT US$
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GDP PC 
$13,772CURRENT US$
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GDP PC GROWTH
85.3%CURRENT US$
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GDP PC
$33,941CURRENT US$
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2012-2022
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GDP PC GROWTH
50.7%CURRENT US$
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About

Bulgaria-Malta Trade: In 2022, Bulgaria exported $19.1M to Malta. The main products that Bulgaria exported to Malta were Packaged Medicaments ($2.55M), Seed Oils ($1.57M), and Electric Heaters ($1.45M). Over the past 5 years the exports of Bulgaria to Malta have decreased at an annualized rate of 3.02%, from $22.2M in 2017 to $19.1M in 2022.

In 2020, Bulgaria exported services to Malta worth $57.6M, with Royalties and license fees ($22.6M), Other business services ($16.3M), and Computer and information services ($14.2M) being the largest in terms of value.

Malta-Bulgaria Trade: In 2022, Malta exported $20.3M to Bulgaria. The main products that Malta exported to Bulgaria were Packaged Medicaments ($5.99M), Motor vehicles; parts and accessories (8701 to 8705) ($4.56M), and Raw Lead ($1.48M). Over the past 5 years the exports of Malta to Bulgaria have decreased at an annualized rate of 13.1%,  from $40.8M in 2017 to $20.3M in 2022.

In 2020, Malta exported services to Bulgaria worth $0, with being the largest in terms of value.

Comparison In 2022,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68),  and 60 in total exports ($51.9B). That same year, Malta ranked 127 in total exports ($4.87B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $19.1M to Malta. The main products exported from Bulgaria to Malta were Packaged Medicaments ($2.55M), Seed Oils ($1.57M), and Electric Heaters ($1.45M). During the last 5 years the exports of Bulgaria to Malta have decreased at an annualized rate of 3.02%, from $22.2M in 2017 to $19.1M in 2022.

In 2017, Malta exported $20.3M to Bulgaria. The main products exported from Malta to Bulgaria were Packaged Medicaments ($5.99M), Motor vehicles; parts and accessories (8701 to 8705) ($4.56M), and Raw Lead ($1.48M). During the last 5 years the exports of Malta to Bulgaria have decreased at an annualized rate of 13.1%, from $40.8M in 2022 to $20.3M in 2017.

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

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

Latest Data

Trade between Bulgaria (Flag) and Malta (Flag)

Bulgaria Exports

Malta Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
Malta
Top Destination
Germany$576M

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

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

In 2022, countries that imported more from Malta than Bulgaria included Singapore ($239M), Japan ($249M), and Hong Kong ($226M).

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

Comparative Advantage Bulgaria - Malta

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Malta in the exports of Chemical Products ($3.91M), Machines ($3.64M), and Foodstuffs ($2.06M).

During 2017, Malta had a large net trade with Bulgaria in the exports of Chemical Products ($8.87M), Transportation ($4.81M), and Metals ($3.01M).

Bilateral Service Trade

In 2020, Bulgaria exported services to Malta worth $57.6M, with Royalties and license fees ($22.6M), Other business services ($16.3M), and Computer and information services ($14.2M) being the largest in terms of value.

In 2020, Malta exported services to Bulgaria worth $0, with being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bulgaria (Flag) to Malta (Flag) (2020)

Services Exports from Malta (Flag) to Bulgaria (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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