Bulgaria (BGR) and Mali (MLI) Trade | The Observatory of Economic Complexity

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Bulgaria-Mali Trade: In 2022, Bulgaria exported $3.02M to Mali. The main products that Bulgaria exported to Mali were Nitrogenous Fertilizers ($1.13M), Seed Oils ($675k), and Plastic Lids ($251k). Over the past 5 years the exports of Bulgaria to Mali have increased at an annualized rate of 8.67%, from $1.99M in 2017 to $3.02M in 2022.

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

Mali-Bulgaria In N/A, Mali did not export any products to Bulgaria.

In 2022, Mali 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, Mali ranked 133 in the Economic Complexity Index (ECI -2.3), and 113 in total exports ($7.56B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bulgaria exported $3.02M to Mali. The main products exported from Bulgaria to Mali were Nitrogenous Fertilizers ($1.13M), Seed Oils ($675k), and Plastic Lids ($251k). During the last 5 years the exports of Bulgaria to Mali have increased at an annualized rate of 8.67%, from $1.99M in 2017 to $3.02M in 2022.

Mali does not register exports to Bulgaria.

Exports from Bulgaria () to Mali () (2022)

Exports from Mali () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Mali ()

Bulgaria Exports

Date

Mali Exports

Date

May 2012

Sep 2011

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bulgaria
Top DestinationGermany$6.91B

Mali
Top DestinationUnited Arab Emirates$5.57B

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

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

In 2022, countries that imported more from Mali than Bulgaria included United Arab Emirates ($5.57B), Switzerland ($1.26B), and Australia ($405M).

Difference in imports from Mali () and Bulgaria () (2022)

Comparative Advantage Bulgaria - Mali

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bulgaria had a large net trade with Mali in the exports of Chemical Products ($1.29M), Animal and Vegetable Bi-Products ($675k), and Plastics and Rubbers ($367k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bulgaria Mali+$282kSeed Oils

Top Product Potential Mali Bulgaria+$3.78kGold

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

About

Historical Data

Bilateral Trade by Products

Exports from Bulgaria () to Mali () (2022)

Exports from Mali () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Mali ()

Bulgaria Exports

Mali Exports

Market Competitiveness

Difference in imports from Mali () and Bulgaria () (2022)

Comparative Advantage Bulgaria - Mali

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bulgaria () and Mali () (2022)

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