Bulgaria (BGR) and Zimbabwe (ZWE) Trade | The Observatory of Economic Complexity

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Bulgaria-Zimbabwe Trade: In 2022, Bulgaria exported $1.17M to Zimbabwe. The main products that Bulgaria exported to Zimbabwe were Calculators ($251k), Other Cloth Articles ($239k), and Brochures ($175k). Over the past 5 years the exports of Bulgaria to Zimbabwe have decreased at an annualized rate of 24.3%, from $4.73M in 2017 to $1.17M in 2022.

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

Zimbabwe-Bulgaria Trade: In 2022, Zimbabwe exported $2.18M to Bulgaria. The main products that Zimbabwe exported to Bulgaria were Raw Tobacco ($2.15M), Collector's Items ($13.1k), and Sculptures ($8.88k). Over the past 5 years the exports of Zimbabwe to Bulgaria have increased at an annualized rate of 15.7%, from $285k in 2017 to $2.18M in 2022.

In 2022, Zimbabwe 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, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bulgaria exported $1.17M to Zimbabwe. The main products exported from Bulgaria to Zimbabwe were Calculators ($251k), Other Cloth Articles ($239k), and Brochures ($175k). During the last 5 years the exports of Bulgaria to Zimbabwe have decreased at an annualized rate of 24.3%, from $4.73M in 2017 to $1.17M in 2022.

In 2017, Zimbabwe exported $2.18M to Bulgaria. The main products exported from Zimbabwe to Bulgaria were Raw Tobacco ($2.15M), Collector's Items ($13.1k), and Sculptures ($8.88k). During the last 5 years the exports of Zimbabwe to Bulgaria have increased at an annualized rate of 15.7%, from $285k in 2022 to $2.18M in 2017.

Exports from Bulgaria () to Zimbabwe () (2022)

Exports from Zimbabwe () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Zimbabwe ()

Bulgaria Exports

Date

Zimbabwe Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bulgaria
Top DestinationGermany$6.91B

Zimbabwe
Top DestinationUnited Arab Emirates$4.78B

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

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

In 2022, countries that imported more from Zimbabwe than Bulgaria included United Arab Emirates ($4.78B), South Africa ($1.47B), and Mozambique ($191M).

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

Comparative Advantage Bulgaria - Zimbabwe

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bulgaria had a large net trade with Zimbabwe in the exports of Machines ($473k), Textiles ($239k), and Paper Goods ($175k).

During 2017, Zimbabwe had a large net trade with Bulgaria in the exports of Foodstuffs ($2.15M), Arts and Antiques ($22k), and Footwear and Headwear ($6.94k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bulgaria Zimbabwe+$138kRefrigerators

Top Product Potential Zimbabwe Bulgaria+$1.13MRaw 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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Bulgaria () to Zimbabwe () (2022)

Exports from Zimbabwe () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Zimbabwe ()

Bulgaria Exports

Zimbabwe Exports

Market Competitiveness

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

Comparative Advantage Bulgaria - Zimbabwe

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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