Bulgaria (BGR) and Senegal (SEN) Trade | The Observatory of Economic Complexity

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Bulgaria-Senegal Trade: In 2022, Bulgaria exported $5.19M to Senegal. The main products that Bulgaria exported to Senegal were Cars ($1.22M), Small Iron Containers ($436k), and Delivery Trucks ($351k). Over the past 5 years the exports of Bulgaria to Senegal have decreased at an annualized rate of 7.69%, from $7.74M in 2017 to $5.19M in 2022.

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

Senegal-Bulgaria Trade: In 2022, Senegal exported $1.16M to Bulgaria. The main products that Senegal exported to Bulgaria were Scrap Copper ($541k), Fish Fillets ($259k), and Other Vegetables ($98.4k). Over the past 5 years the exports of Senegal to Bulgaria have decreased at an annualized rate of 16.5%, from $2.86M in 2017 to $1.16M in 2022.

In 2022, Senegal 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, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bulgaria exported $5.19M to Senegal. The main products exported from Bulgaria to Senegal were Cars ($1.22M), Small Iron Containers ($436k), and Delivery Trucks ($351k). During the last 5 years the exports of Bulgaria to Senegal have decreased at an annualized rate of 7.69%, from $7.74M in 2017 to $5.19M in 2022.

In 2017, Senegal exported $1.16M to Bulgaria. The main products exported from Senegal to Bulgaria were Scrap Copper ($541k), Fish Fillets ($259k), and Other Vegetables ($98.4k). During the last 5 years the exports of Senegal to Bulgaria have decreased at an annualized rate of 16.5%, from $2.86M in 2022 to $1.16M in 2017.

Exports from Bulgaria () to Senegal () (2022)

Exports from Senegal () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Senegal ()

Bulgaria Exports

Date

Senegal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bulgaria
Top DestinationGermany$6.91B

Senegal
Top DestinationMali$1.13B

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

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

In 2022, countries that imported more from Senegal than Bulgaria included Mali ($1.13B), India ($1B), and Switzerland ($662M).

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

Comparative Advantage Bulgaria - Senegal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bulgaria had a large net trade with Senegal in the exports of Transportation ($1.76M), Chemical Products ($851k), and Metals ($805k).

During 2017, Senegal had a large net trade with Bulgaria in the exports of Metals ($541k), Animal Products ($391k), and Vegetable Products ($191k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bulgaria Senegal+$837kCars

Top Product Potential Senegal Bulgaria+$562kScrap Copper

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bulgaria () to Senegal () (2022)

Exports from Senegal () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Senegal ()

Bulgaria Exports

Senegal Exports

Market Competitiveness

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

Comparative Advantage Bulgaria - Senegal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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