2022
Flag  
GDP
$134BCURRENT US$
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2012-2022
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GDP GROWTH
25.5%CURRENT US$
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2022
Flag
 GDP
$89BCURRENT US$
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2012-2022
Flag
GDP GROWTH
64%CURRENT US$
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2022
Flag
GDP PC 
$3,528CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
11.5%CURRENT US$
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2022
Flag
GDP PC
$13,772CURRENT US$
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2012-2022
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GDP PC GROWTH
85.3%CURRENT US$
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About

Morocco-Bulgaria Trade: In 2022, Morocco exported $184M to Bulgaria. The main products that Morocco exported to Bulgaria were Cars ($39M), Mixed Mineral or Chemical Fertilizers ($23.5M), and Calcium Phosphates ($18.9M). Over the past 5 years the exports of Morocco to Bulgaria have increased at an annualized rate of 102%, from $5.45M in 2017 to $184M in 2022.

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

Bulgaria-Morocco Trade: In 2022, Bulgaria exported $101M to Morocco. The main products that Bulgaria exported to Morocco were Seed Oils ($14.5M), Hand-Woven Rugs ($11.7M), and Other Vegetable Residues ($11.1M). Over the past 5 years the exports of Bulgaria to Morocco have increased at an annualized rate of 17.3%,  from $45.6M in 2017 to $101M in 2022.

In 2020, Bulgaria exported services to Morocco worth $3.43M, with Transportation ($2.4M), Travel ($571k), and Computer and information services ($343k) being the largest in terms of value.

Comparison: In 2022,  Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B). 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
Value

In 2022, Morocco exported $184M to Bulgaria. The main products exported from Morocco to Bulgaria were Cars ($39M), Mixed Mineral or Chemical Fertilizers ($23.5M), and Calcium Phosphates ($18.9M). During the last 5 years the exports of Morocco to Bulgaria have increased at an annualized rate of 102%, from $5.45M in 2017 to $184M in 2022.

In 2017, Bulgaria exported $101M to Morocco. The main products exported from Bulgaria to Morocco were Seed Oils ($14.5M), Hand-Woven Rugs ($11.7M), and Other Vegetable Residues ($11.1M). During the last 22 years the exports of Bulgaria to Morocco have increased at an annualized rate of 17.3%, from $45.6M in 1995 to $101M in 2017.

Exports from Morocco (Flag) to Bulgaria (Flag) (2022)

Exports from Bulgaria (Flag) to Morocco (Flag) (2022)

Latest Data

Trade between Morocco (Flag) and Bulgaria (Flag)

Morocco Exports

Bulgaria Exports

Market Competitiveness

Color
Morocco
Top Destination
Spain$8.55B
Bulgaria
Top Destination
Germany$6.91B

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

In 2022, countries that imported more from Morocco than Bulgaria included Spain ($8.55B), France ($7.92B), and India ($2.99B).

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

Difference in imports from Bulgaria (Flag) and Morocco (Flag) (2022)

Comparative Advantage Morocco - Bulgaria

Flow
Scale

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

During 2022, Morocco had a large net trade with Bulgaria in the exports of Transportation ($50.1M), Chemical Products ($23.7M), and Mineral Products ($19.1M).

During 2017, Bulgaria had a large net trade with Morocco in the exports of Foodstuffs ($24.7M), Machines ($22.5M), and Textiles ($15.6M).

Service Trade

Bilateral Service Trade

In 2020, Bulgaria exported services to Morocco worth $3.43M, with Transportation ($2.4M), Travel ($571k), and Computer and information services ($343k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bulgaria (Flag) to Morocco (Flag) (2020)

Economic Complexity

Competitive Landscape

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

Product Space of Morocco (Flag) and Bulgaria (Flag) (2022)

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