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

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Mali-Bulgaria Trade: In 2021, Mali exported $131k to Bulgaria. The main products that Mali exported to Bulgaria were N/A. Over the past 11 years the exports of Mali to Bulgaria have increased at an annualized rate of 11.9%, from $38.1k in 2010 to $131k in 2021.

In 2021, Mali did not export any services to Bulgaria.

Bulgaria-Mali Trade: In 2021, 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 11 years the exports of Bulgaria to Mali have increased at an annualized rate of 8.67%, from $1.99M in 2010 to $3.02M in 2021.

In 2021, Bulgaria did not export any services to Mali.

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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Mali exported $131k to Bulgaria. There were not main exports from Mali to Bulgaria in 2021. During the last 11 years the exports of Mali to Bulgaria have increased at an annualized rate of 11.9%, from $38.1k in 2010 to $131k in 2021.

In 2017, 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 2022 to $3.02M in 2017.

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

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

Latest Data

Trade between Mali () and Bulgaria ()

Mali Exports

Date

May 2012

Sep 2011

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Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$5.57B

Bulgaria
Top DestinationGermany$6.91B

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

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

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

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

Comparative Advantage Mali - Bulgaria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Mali had a large net trade with Bulgaria in the exports of .

During 2017, 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 Mali Bulgaria+$3.78kGold

Top Product Potential Bulgaria Mali+$282kSeed Oils

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Mali () and Bulgaria ()

Mali Exports

Bulgaria Exports

Market Competitiveness

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

Comparative Advantage Mali - Bulgaria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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