Algeria (DZA) and Bulgaria (BGR) Trade | The Observatory of Economic Complexity

About

Algeria-Bulgaria Trade: In 2022, Algeria exported $65M to Bulgaria. The main products that Algeria exported to Bulgaria were Ammonia ($41.5M), Nitrogenous Fertilizers ($6.76M), and Other Lead Products ($4.12M). Over the past 5 years the exports of Algeria to Bulgaria have increased at an annualized rate of 142%, from $785k in 2017 to $65M in 2022.

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

Bulgaria-Algeria Trade: In 2022, Bulgaria exported $548M to Algeria. The main products that Bulgaria exported to Algeria were Wheat ($476M), Particle Board ($14.1M), and Carbonates ($13.7M). Over the past 5 years the exports of Bulgaria to Algeria have increased at an annualized rate of 29.4%, from $151M in 2017 to $548M in 2022.

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

Comparison: In 2022, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B). 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, Algeria exported $65M to Bulgaria. The main products exported from Algeria to Bulgaria were Ammonia ($41.5M), Nitrogenous Fertilizers ($6.76M), and Other Lead Products ($4.12M). During the last 5 years the exports of Algeria to Bulgaria have increased at an annualized rate of 142%, from $785k in 2017 to $65M in 2022.

In 2017, Bulgaria exported $548M to Algeria. The main products exported from Bulgaria to Algeria were Wheat ($476M), Particle Board ($14.1M), and Carbonates ($13.7M). During the last 5 years the exports of Bulgaria to Algeria have increased at an annualized rate of 29.4%, from $151M in 2022 to $548M in 2017.

Exports from Algeria () to Bulgaria () (2022)

Exports from Bulgaria () to Algeria () (2022)

Latest Data

Trade between Algeria () and Bulgaria ()

Algeria Exports

Date

Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Algeria
Top DestinationItaly$16.9B

Bulgaria
Top DestinationGermany$6.91B

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

In 2022, countries that imported more from Algeria than Bulgaria included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

In 2022, countries that imported more from Bulgaria than Algeria included Romania ($6.55B), Germany ($6.91B), and Greece ($2.93B).

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

Comparative Advantage Algeria - Bulgaria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Algeria had a large net trade with Bulgaria in the exports of Chemical Products ($48.2M), Metals ($6.98M), and Mineral Products ($5.28M).

During 2017, Bulgaria had a large net trade with Algeria in the exports of Vegetable Products ($477M), Chemical Products ($31.1M), and Wood Products ($20.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Algeria Bulgaria+$12.3MPetroleum Gas

Top Product Potential Bulgaria Algeria+$1.64MRefined Petroleum

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Algeria () to Bulgaria () (2022)

Exports from Bulgaria () to Algeria () (2022)

Latest Data

Trade between Algeria () and Bulgaria ()

Algeria Exports

Bulgaria Exports

Market Competitiveness

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

Comparative Advantage Algeria - Bulgaria

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring