Senegal (SEN) and Bulgaria (BGR) Trade | The Observatory of Economic Complexity

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Senegal-Bulgaria Trade: In 2022, Senegal exported $1.16M to Bulgaria. The main products that Senegal exported to Bulgaria were Scrap Copper ($541k), Fish Fillets ($259k), and Other Vegetables ($98.4k). Over the past 5 years the exports of Senegal to Bulgaria have decreased at an annualized rate of 16.5%, from $2.86M in 2017 to $1.16M in 2022.

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

Bulgaria-Senegal Trade: In 2022, Bulgaria exported $5.19M to Senegal. The main products that Bulgaria exported to Senegal were Cars ($1.22M), Small Iron Containers ($436k), and Delivery Trucks ($351k). Over the past 5 years the exports of Bulgaria to Senegal have decreased at an annualized rate of 7.69%, from $7.74M in 2017 to $5.19M in 2022.

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

Comparison: In 2022, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B). 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 2022, Senegal exported $1.16M to Bulgaria. The main products exported from Senegal to Bulgaria were Scrap Copper ($541k), Fish Fillets ($259k), and Other Vegetables ($98.4k). During the last 5 years the exports of Senegal to Bulgaria have decreased at an annualized rate of 16.5%, from $2.86M in 2017 to $1.16M in 2022.

In 2017, Bulgaria exported $5.19M to Senegal. The main products exported from Bulgaria to Senegal were Cars ($1.22M), Small Iron Containers ($436k), and Delivery Trucks ($351k). During the last 5 years the exports of Bulgaria to Senegal have decreased at an annualized rate of 7.69%, from $7.74M in 2022 to $5.19M in 2017.

Exports from Senegal () to Bulgaria () (2022)

Exports from Bulgaria () to Senegal () (2022)

Latest Data

Trade between Senegal () and Bulgaria ()

Senegal Exports

Date

Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Senegal
Top DestinationMali$1.13B

Bulgaria
Top DestinationGermany$6.91B

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

In 2022, countries that imported more from Senegal than Bulgaria included Mali ($1.13B), India ($1B), and Switzerland ($662M).

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

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

Comparative Advantage Senegal - Bulgaria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Senegal had a large net trade with Bulgaria in the exports of Metals ($541k), Animal Products ($391k), and Vegetable Products ($191k).

During 2017, Bulgaria had a large net trade with Senegal in the exports of Transportation ($1.76M), Chemical Products ($851k), and Metals ($805k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Senegal Bulgaria+$562kScrap Copper

Top Product Potential Bulgaria Senegal+$837kCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Senegal () to Bulgaria () (2022)

Exports from Bulgaria () to Senegal () (2022)

Latest Data

Trade between Senegal () and Bulgaria ()

Senegal Exports

Bulgaria Exports

Market Competitiveness

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

Comparative Advantage Senegal - Bulgaria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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