Egypt (EGY) and Bulgaria (BGR) Trade | The Observatory of Economic Complexity

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Egypt-Bulgaria Trade: In 2022, Egypt exported $283M to Bulgaria. The main products that Egypt exported to Bulgaria were Nitrogenous Fertilizers ($76.6M), Propylene Polymers ($47.4M), and Ammonia ($40.1M). Over the past 5 years the exports of Egypt to Bulgaria have decreased at an annualized rate of 13.8%, from $594M in 2017 to $283M in 2022.

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

Bulgaria-Egypt Trade: In 2022, Bulgaria exported $851M to Egypt. The main products that Bulgaria exported to Egypt were Refined Petroleum ($434M), Wheat ($228M), and Refined Copper ($56.7M). Over the past 5 years the exports of Bulgaria to Egypt have increased at an annualized rate of 7.99%, from $580M in 2017 to $851M in 2022.

In 2020, Bulgaria exported services to Egypt worth $31.4M, with Other business services ($27.9M), Transportation ($1.71M), and Computer and information services ($914k) being the largest in terms of value.

Comparison: In 2022, Egypt ranked 69 in the Economic Complexity Index (ECI -0.1), and 59 in total exports ($53.9B). 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, Egypt exported $283M to Bulgaria. The main products exported from Egypt to Bulgaria were Nitrogenous Fertilizers ($76.6M), Propylene Polymers ($47.4M), and Ammonia ($40.1M). During the last 5 years the exports of Egypt to Bulgaria have decreased at an annualized rate of 13.8%, from $594M in 2017 to $283M in 2022.

In 2017, Bulgaria exported $851M to Egypt. The main products exported from Bulgaria to Egypt were Refined Petroleum ($434M), Wheat ($228M), and Refined Copper ($56.7M). During the last 5 years the exports of Bulgaria to Egypt have increased at an annualized rate of 7.99%, from $580M in 2022 to $851M in 2017.

Exports from Egypt () to Bulgaria () (2022)

Exports from Bulgaria () to Egypt () (2022)

Latest Data

Trade between Egypt () and Bulgaria ()

Egypt Exports

Date

Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Egypt
Top DestinationTurkey$4.23B

Bulgaria
Top DestinationGermany$6.91B

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

In 2022, countries that imported more from Egypt than Bulgaria included United Arab Emirates ($2.36B), India ($2.57B), and Saudi Arabia ($2.35B).

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

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

Comparative Advantage Egypt - Bulgaria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Egypt had a large net trade with Bulgaria in the exports of Chemical Products ($121M), Plastics and Rubbers ($54.7M), and Animal and Vegetable Bi-Products ($30.1M).

During 2017, Bulgaria had a large net trade with Egypt in the exports of Mineral Products ($439M), Vegetable Products ($252M), and Metals ($69.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Egypt Bulgaria+$23.5MPetroleum Gas

Top Product Potential Bulgaria Egypt+$10MRefined 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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Bilateral Service Trade

Bgr Year

In 2020, Bulgaria exported services to Egypt worth $31.4M, with Other business services ($27.9M), Transportation ($1.71M), and Computer and information services ($914k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bulgaria () to Egypt () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Egypt () to Bulgaria () (2022)

Exports from Bulgaria () to Egypt () (2022)

Latest Data

Trade between Egypt () and Bulgaria ()

Egypt Exports

Bulgaria Exports

Market Competitiveness

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

Comparative Advantage Egypt - Bulgaria

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Bulgaria () to Egypt () (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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