Malawi (MWI) and Bulgaria (BGR) Trade | The Observatory of Economic Complexity

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Malawi-Bulgaria Trade: In 2023, Malawi exported $624k to Bulgaria. The main products that Malawi exported to Bulgaria were Raw Tobacco ($624k), Calculators ($87), and Electrical Transformers ($44). Over the past 5 years the exports of Malawi to Bulgaria have increased at an annualized rate of 311%, from $533 in 2018 to $624k in 2023.

In 2023, Malawi did not export any services to Bulgaria.

Bulgaria-Malawi Trade: In 2023, Bulgaria exported $2.01M to Malawi. The main products that Bulgaria exported to Malawi were Used Clothing ($698k), Calculators ($495k), and Animal Food ($180k). Over the past 5 years the exports of Bulgaria to Malawi have decreased at an annualized rate of 1.65%, from $2.19M in 2018 to $2.01M in 2023.

In 2023, Bulgaria did not export any services to Malawi.

Comparison In 2023, Malawi ranked 163 in total exports ($922M), and does not have data regarding Economic Complexity Index. That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Malawi exported $624k to Bulgaria. The main products exported from Malawi to Bulgaria were Raw Tobacco ($624k), Calculators ($87), and Electrical Transformers ($44). During the last 5 years the exports of Malawi to Bulgaria have increased at an annualized rate of 311%, from $533 in 2018 to $624k in 2023.

In 2018, Bulgaria exported $2.01M to Malawi. The main products exported from Bulgaria to Malawi were Used Clothing ($698k), Calculators ($495k), and Animal Food ($180k). During the last 5 years the exports of Bulgaria to Malawi have decreased at an annualized rate of 1.65%, from $2.19M in 2023 to $2.01M in 2018.

Exports from Malawi () to Bulgaria () (2023)

Exports from Bulgaria () to Malawi () (2023)

Latest Data

Trade between Malawi () and Bulgaria ()

Malawi Exports

Date

Feb 2016

Jan 2016

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Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malawi
Top DestinationGermany$99.1M

Bulgaria
Top DestinationGermany$6.84B

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 2023, countries that imported more from Malawi than Bulgaria included Zimbabwe ($52.4M), Zambia ($34.5M), and Tanzania ($38.2M).

In 2023, countries that imported more from Bulgaria than Malawi included Germany ($6.84B), Romania ($5.63B), and Italy ($4.06B).

Difference in imports from Bulgaria () and Malawi () (2023)

Comparative Advantage Malawi - Bulgaria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Malawi had a large net trade with Bulgaria in the exports of Foodstuffs ($624k) and Machines ($173).

During 2018, Bulgaria had a large net trade with Malawi in the exports of Machines ($820k), Textiles ($700k), and Foodstuffs ($180k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Malawi () to Bulgaria () (2023)

Exports from Bulgaria () to Malawi () (2023)

Latest Data

Trade between Malawi () and Bulgaria ()

Malawi Exports

Bulgaria Exports

Market Competitiveness

Difference in imports from Bulgaria () and Malawi () (2023)

Comparative Advantage Malawi - Bulgaria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Malawi () and Bulgaria () (2023)

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