Botswana (BWA) and Bulgaria (BGR) Trade | The Observatory of Economic Complexity

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Botswana-Bulgaria Trade: In 2022, Botswana exported $10.4k to Bulgaria. The main products that Botswana exported to Bulgaria were Used Clothing ($5.33k), Aircraft Parts ($2.39k), and Jewellery ($2.39k). Over the past 5 years the exports of Botswana to Bulgaria have decreased at an annualized rate of 11.1%, from $18.7k in 2017 to $10.4k in 2022.

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

Bulgaria-Botswana Trade: In 2022, Bulgaria exported $1.19M to Botswana. The main products that Bulgaria exported to Botswana were Documents of title (bonds etc) and unused stamps ($1.11M), Other Heating Machinery ($40.9k), and Cars ($4.74k). Over the past 5 years the exports of Bulgaria to Botswana have decreased at an annualized rate of 13.1%, from $2.39M in 2017 to $1.19M in 2022.

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

Comparison: In 2022, Botswana ranked 91 in the Economic Complexity Index (ECI -0.59), and 107 in total exports ($8.65B). That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Botswana exported $10.4k to Bulgaria. The main products exported from Botswana to Bulgaria were Used Clothing ($5.33k), Aircraft Parts ($2.39k), and Jewellery ($2.39k). During the last 5 years the exports of Botswana to Bulgaria have decreased at an annualized rate of 11.1%, from $18.7k in 2017 to $10.4k in 2022.

In 2017, Bulgaria exported $1.19M to Botswana. The main products exported from Bulgaria to Botswana were Documents of title (bonds etc) and unused stamps ($1.11M), Other Heating Machinery ($40.9k), and Cars ($4.74k). During the last 5 years the exports of Bulgaria to Botswana have decreased at an annualized rate of 13.1%, from $2.39M in 2022 to $1.19M in 2017.

Exports from Botswana () to Bulgaria () (2022)

Exports from Bulgaria () to Botswana () (2022)

Latest Data

Trade between Botswana () and Bulgaria ()

Botswana Exports

Date

Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Botswana
Top DestinationUnited Arab Emirates$2.31B

Bulgaria
Top DestinationGermany$6.91B

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

In 2022, countries that imported more from Botswana than Bulgaria included United Arab Emirates ($2.31B), India ($1.28B), and South Africa ($836M).

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

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

Comparative Advantage Botswana - Bulgaria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Botswana had a large net trade with Bulgaria in the exports of Textiles ($5.33k), Precious Metals ($2.67k), and Transportation ($2.39k).

During 2017, Bulgaria had a large net trade with Botswana in the exports of Paper Goods ($1.11M), Machines ($47.1k), and Transportation ($8.36k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Botswana Bulgaria+$4.13kUsed Clothing

Top Product Potential Bulgaria Botswana+$26.6kOther Heating Machinery

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

About

Historical Data

Bilateral Trade by Products

Exports from Botswana () to Bulgaria () (2022)

Exports from Bulgaria () to Botswana () (2022)

Latest Data

Trade between Botswana () and Bulgaria ()

Botswana Exports

Bulgaria Exports

Market Competitiveness

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

Comparative Advantage Botswana - Bulgaria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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