2022
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GDP
$17.8BCURRENT US$
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2012-2022
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GDP GROWTH
87.8%CURRENT US$
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2022
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 GDP
$89BCURRENT US$
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GDP GROWTH
64%CURRENT US$
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GDP PC 
$33,941CURRENT US$
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GDP PC GROWTH
50.7%CURRENT US$
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GDP PC
$13,772CURRENT US$
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GDP PC GROWTH
85.3%CURRENT US$
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About

Malta-Bulgaria Trade: In 2022, Malta exported $20.3M to Bulgaria. The main products that Malta exported to Bulgaria were Packaged Medicaments ($5.99M), Motor vehicles; parts and accessories (8701 to 8705) ($4.56M), and Raw Lead ($1.48M). Over the past 5 years the exports of Malta to Bulgaria have decreased at an annualized rate of 13.1%, from $40.8M in 2017 to $20.3M in 2022.

In 2020, Malta exported services to Bulgaria worth $0, with being the largest in terms of value.

Bulgaria-Malta Trade: In 2022, Bulgaria exported $19.1M to Malta. The main products that Bulgaria exported to Malta were Packaged Medicaments ($2.55M), Seed Oils ($1.57M), and Electric Heaters ($1.45M). Over the past 5 years the exports of Bulgaria to Malta have decreased at an annualized rate of 3.02%,  from $22.2M in 2017 to $19.1M in 2022.

In 2020, Bulgaria exported services to Malta worth $57.6M, with Royalties and license fees ($22.6M), Other business services ($16.3M), and Computer and information services ($14.2M) being the largest in terms of value.

Comparison In 2022,  Malta ranked 127 in total exports ($4.87B), and does not have data regarding Economic Complexity Index. 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, Malta exported $20.3M to Bulgaria. The main products exported from Malta to Bulgaria were Packaged Medicaments ($5.99M), Motor vehicles; parts and accessories (8701 to 8705) ($4.56M), and Raw Lead ($1.48M). During the last 5 years the exports of Malta to Bulgaria have decreased at an annualized rate of 13.1%, from $40.8M in 2017 to $20.3M in 2022.

In 2017, Bulgaria exported $19.1M to Malta. The main products exported from Bulgaria to Malta were Packaged Medicaments ($2.55M), Seed Oils ($1.57M), and Electric Heaters ($1.45M). During the last 5 years the exports of Bulgaria to Malta have decreased at an annualized rate of 3.02%, from $22.2M in 2022 to $19.1M in 2017.

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

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

Latest Data

Trade between Malta (Flag) and Bulgaria (Flag)

Malta Exports

Bulgaria Exports

Market Competitiveness

Color
Malta
Top Destination
Germany$576M
Bulgaria
Top Destination
Germany$6.91B

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

In 2022, countries that imported more from Malta than Bulgaria included Singapore ($239M), Japan ($249M), and Hong Kong ($226M).

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

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

Comparative Advantage Malta - Bulgaria

Flow
Scale

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

During 2022, Malta had a large net trade with Bulgaria in the exports of Chemical Products ($8.87M), Transportation ($4.81M), and Metals ($3.01M).

During 2017, Bulgaria had a large net trade with Malta in the exports of Chemical Products ($3.91M), Machines ($3.64M), and Foodstuffs ($2.06M).

Bilateral Service Trade

In 2020, Malta exported services to Bulgaria worth $0, with being the largest in terms of value.

In 2020, Bulgaria exported services to Malta worth $57.6M, with Royalties and license fees ($22.6M), Other business services ($16.3M), and Computer and information services ($14.2M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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