2022
Flag  
GDP
$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH
50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
 GDP
$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH
64%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC 
$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC
$13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH
85.3%CURRENT US$
Rnk 13 / 186

About

Malawi-Bulgaria Trade: In 2022, Malawi exported $1.03M to Bulgaria. The main products that Malawi exported to Bulgaria were Raw Tobacco ($899k) and Raw Sugar ($131k). Over the past 5 years the exports of Malawi to Bulgaria have increased at an annualized rate of 74.6%, from $63.6k in 2017 to $1.03M in 2022.

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

Bulgaria-Malawi Trade: In 2022, Bulgaria exported $1.25M to Malawi. The main products that Bulgaria exported to Malawi were Vaccines, blood, antisera, toxins and cultures ($528k), Used Clothing ($425k), and Calculators ($136k). Over the past 5 years the exports of Bulgaria to Malawi have increased at an annualized rate of 2.25%,  from $1.12M in 2017 to $1.25M in 2022.

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

Comparison In 2022,  Malawi ranked 157 in total exports ($1.19B), 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, Malawi exported $1.03M to Bulgaria. The main products exported from Malawi to Bulgaria were Raw Tobacco ($899k) and Raw Sugar ($131k). During the last 5 years the exports of Malawi to Bulgaria have increased at an annualized rate of 74.6%, from $63.6k in 2017 to $1.03M in 2022.

In 2017, Bulgaria exported $1.25M to Malawi. The main products exported from Bulgaria to Malawi were Vaccines, blood, antisera, toxins and cultures ($528k), Used Clothing ($425k), and Calculators ($136k). During the last 5 years the exports of Bulgaria to Malawi have increased at an annualized rate of 2.25%, from $1.12M in 2022 to $1.25M in 2017.

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

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

Latest Data

Trade between Malawi (Flag) and Bulgaria (Flag)

Malawi Exports

Date

Bulgaria Exports

Market Competitiveness

Color
Malawi
Top Destination
United Arab Emirates$255M
Bulgaria
Top Destination
Germany$6.91B

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

In 2022, countries that imported more from Malawi than Bulgaria included United Arab Emirates ($255M), Tanzania ($72.8M), and Zimbabwe ($45M).

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

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

Comparative Advantage Malawi - Bulgaria

Flow
Scale

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

During 2022, Malawi had a large net trade with Bulgaria in the exports of Foodstuffs ($1.03M).

During 2017, Bulgaria had a large net trade with Malawi in the exports of Chemical Products ($554k), Textiles ($425k), and Machines ($239k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Bulgaria+$623kRaw Tobacco
Top Product Potential Bulgaria Malawi+$112kVaccines, blood, antisera, toxins and cultures

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

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

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

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