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2022
Flag → Flag
Exports $203MRnk 38 / 206
2022
Flag → Flag
Top Product $117MPrecious Metal Ore
2022
Flag → Flag
Exports $7.31MRnk 37 / 173
2022
Flag → Flag
Top Product $7.28MRefined Copper
2022
Flag
Economic Complexity (ECI) ECI 0.68Rnk 38 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.63Rnk 94 / 133
2022
Flag  
GDP$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH64%CURRENT US$
Rnk 37 / 186
2022
Flag
 GDP$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
GDP PC $13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH85.3%CURRENT US$
Rnk 13 / 186
2022
Flag
GDP PC$4,911CURRENT US$
Rnk 113 / 186
2012-2022
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GDP PC GROWTH-18.4%CURRENT US$
Rnk 170 / 186

About

Bulgaria-Namibia Trade: In 2022, Bulgaria exported $203M to Namibia. The main products that Bulgaria exported to Namibia were Precious Metal Ore ($117M), Copper Ore ($84.9M), and Electric Batteries ($268k). Over the past 5 years the exports of Bulgaria to Namibia have increased at an annualized rate of 4.14%, from $166M in 2017 to $203M in 2022.

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

Namibia-Bulgaria Trade: In 2022, Namibia exported $7.31M to Bulgaria. The main products that Namibia exported to Bulgaria were Refined Copper ($7.28M), Wood Charcoal ($18.6k), and Collector's Items ($9.51k). Over the past 5 years the exports of Namibia to Bulgaria have increased at an annualized rate of 178%,  from $44.4k in 2017 to $7.31M in 2022.

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

Comparison: In 2022,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B). That same year, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $203M to Namibia. The main products exported from Bulgaria to Namibia were Precious Metal Ore ($117M), Copper Ore ($84.9M), and Electric Batteries ($268k). During the last 5 years the exports of Bulgaria to Namibia have increased at an annualized rate of 4.14%, from $166M in 2017 to $203M in 2022.

In 2017, Namibia exported $7.31M to Bulgaria. The main products exported from Namibia to Bulgaria were Refined Copper ($7.28M), Wood Charcoal ($18.6k), and Collector's Items ($9.51k). During the last 5 years the exports of Namibia to Bulgaria have increased at an annualized rate of 178%, from $44.4k in 2022 to $7.31M in 2017.

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

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

Latest Data

Trade between Bulgaria (Flag) and Namibia (Flag)

Bulgaria Exports

Namibia Exports

Market Competitiveness

Color
Bulgaria
Top DestinationGermany$6.91B
Namibia
Top DestinationSouth Africa$1.75B

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

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

In 2022, countries that imported more from Namibia than Bulgaria included South Africa ($1.75B), Botswana ($672M), and Zambia ($279M).

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

Comparative Advantage Bulgaria - Namibia

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Namibia in the exports of Mineral Products ($202M), Machines ($631k), and Textiles ($147k).

During 2017, Namibia had a large net trade with Bulgaria in the exports of Metals ($7.28M), Wood Products ($18.6k), and Arts and Antiques ($9.51k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bulgaria Namibia+$85.7kComputers
Top Product Potential Namibia Bulgaria+$27.6kWood Charcoal

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 Bulgaria and Namibia. This means that a dot/product with the flag of Bulgaria indicates it has a comparative advantage over Namibia. Similarly, a dot/product with the flag of Namibia indicates it has a comparative advantage over Bulgaria.

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

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