2022
Flag  
GDP
$89BCURRENT US$
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2012-2022
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GDP GROWTH
64%CURRENT US$
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2022
Flag
 GDP
$13.2BCURRENT US$
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2012-2022
Flag
GDP GROWTH
50.1%CURRENT US$
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2022
Flag
GDP PC 
$13,772CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
85.3%CURRENT US$
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2022
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GDP PC
$645CURRENT US$
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2012-2022
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GDP PC GROWTH
14.6%CURRENT US$
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About

Bulgaria-Malawi Trade: In 2022, Bulgaria exported $1.25M to Malawi. The main products that Bulgaria exported to Malawi were Vaccines, blood, antisera, toxins and cultures ($528k), Used Clothing ($425k), and Calculators ($136k). Over the past 5 years the exports of Bulgaria to Malawi have increased at an annualized rate of 2.25%, from $1.12M in 2017 to $1.25M in 2022.

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

Malawi-Bulgaria Trade: In 2022, Malawi exported $1.03M to Bulgaria. The main products that Malawi exported to Bulgaria were Raw Tobacco ($899k) and Raw Sugar ($131k). Over the past 5 years the exports of Malawi to Bulgaria have increased at an annualized rate of 26.1%,  from $63.6k in 2017 to $1.03M in 2022.

In 2022, Malawi 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, Malawi ranked 157 in total exports ($1.19B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $1.25M to Malawi. The main products exported from Bulgaria to Malawi were Vaccines, blood, antisera, toxins and cultures ($528k), Used Clothing ($425k), and Calculators ($136k). During the last 5 years the exports of Bulgaria to Malawi have increased at an annualized rate of 2.25%, from $1.12M in 2017 to $1.25M in 2022.

In 2017, Malawi exported $1.03M to Bulgaria. The main products exported from Malawi to Bulgaria were Raw Tobacco ($899k) and Raw Sugar ($131k). During the last 5 years the exports of Malawi to Bulgaria have increased at an annualized rate of 26.1%, from $63.6k in 2022 to $1.03M in 2017.

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

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

Latest Data

Trade between Bulgaria (Flag) and Malawi (Flag)

Bulgaria Exports

Malawi Exports

Date

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
Malawi
Top Destination
United Arab Emirates$255M

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

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

In 2022, countries that imported more from Malawi than Bulgaria included United Arab Emirates ($255M), Tanzania ($72.8M), and Zimbabwe ($45M).

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

Comparative Advantage Bulgaria - Malawi

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Malawi in the exports of Chemical Products ($554k), Textiles ($425k), and Machines ($239k).

During 2017, Malawi had a large net trade with Bulgaria in the exports of Foodstuffs ($1.03M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bulgaria Malawi+$112kVaccines, blood, antisera, toxins and cultures
Top Product Potential Malawi Bulgaria+$623kRaw Tobacco

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

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

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