Albania (ALB) and Bulgaria (BGR) Trade | The Observatory of Economic Complexity

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Albania-Bulgaria In 2022, Albania exported $55.3M to Bulgaria. The main products that Albania exported to Bulgaria are Copper Ore ($13.8M), Petroleum Gas ($7.02M), and Scrap Copper ($6.2M). During the last 26 years the exports of Albania to Bulgaria have increased at an annualized rate of 26.7%, from $117k in 1996 to $55.3M in 2022.

In 2017, Albania exported services to Bulgaria worth $17.6M, with Travel ($14.2M), Other business services ($2.26M), and Transportation ($678k) being the largest in terms of value.

Bulgaria-Albania In 2022, Bulgaria exported $134M to Albania. The main products that Bulgaria exported to Albania were Baked Goods ($11.7M), Aircraft Parts ($8.17M), and Heavy Synthetic Cotton Fabrics ($6.21M). During the last 26 years the exports of Bulgaria to Albania have increased at an annualized rate of 4.09%, from $47.3M in 1996 to $134M in 2022.

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

Comparison In 2022, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B). 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, Albania exported $55.3M to Bulgaria. The main products exported from Albania to Bulgaria were Copper Ore ($13.8M), Petroleum Gas ($7.02M), and Scrap Copper ($6.2M). During the last 26 years the exports of Albania to Bulgaria have increased at an annualized rate of 26.7%, from $117k in 1996 to $55.3M in 2022.

In 2022, Bulgaria exported $134M to Albania. The main products exported from Bulgaria to Albania were Baked Goods ($11.7M), Aircraft Parts ($8.17M), and Heavy Synthetic Cotton Fabrics ($6.21M). During the last 26 years the exports of Bulgaria to Albania have increased at an annualized rate of 4.09%, from $47.3M in 1996 to $134M in 2022.

Exports from Albania () to Bulgaria () (2022)

Exports from Bulgaria () to Albania () (2022)

Latest Data

Trade between Albania () and Bulgaria ()

Albania Exports

Date

Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.75B

Bulgaria
Top DestinationGermany$6.91B

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

In 2021, countries that imported more from Albania than Bulgaria were Montenegro ($80.8M), Malta ($27.4M), and Senegal ($7.9M).

In 2021, countries that imported more from Bulgaria than Albania were Germany ($6.91B), Romania ($6.55B), and Turkey ($2.95B).

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

Comparative Advantage Albania - Bulgaria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Albania had a large net trade with Bulgaria in the exports of Mineral Products ($21.2M), Metals ($13.6M), and Textiles ($6.41M).

During 2022, Bulgaria had a large net trade with Albania in the exports of Textiles ($23.1M), Foodstuffs ($19M), and Machines ($16.9M).

Service Trade

Bilateral Service Trade

In 2017, Albania exported services to Bulgaria worth $17.6M, with Travel ($14.2M), Other business services ($2.26M), and Transportation ($678k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Albania () to Bulgaria () (2017)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Albania has comparative advantage over Bulgaria. Similarly, the more yellow a dot/product is, the more Bulgaria has comparative advantage over Albania.

About

Historical Data

Bilateral Trade by Products

Exports from Albania () to Bulgaria () (2022)

Exports from Bulgaria () to Albania () (2022)

Latest Data

Trade between Albania () and Bulgaria ()

Albania Exports

Bulgaria Exports

Market Competitiveness

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

Comparative Advantage Albania - Bulgaria

Service Trade

Bilateral Service Trade

Services Exports from Albania () to Bulgaria () (2017)

Economic Complexity

Competitive Landscape

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

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