2022
Exports
$5.65MWorld Rnk 50 / 148
Flag Rnk 508 / 1211
2022
PRODUCT COMPLEXITY IN Butter
0.015Rnk 543 / 1025
2022
Imports
$50.5MWorld Rnk 42 / 220
Flag Rnk 200 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $5.65M in Butter, making it the 50th largest exporter of Butter in the world. At the same year, Butter was the 508th most exported product in Bulgaria. The main destination of Butter exports from Bulgaria are: Romania ($3.52M), Greece ($1.44M), Netherlands ($150k), Iraq ($140k), and United Kingdom ($118k).

The fastest growing export markets for Butter of Bulgaria between 2021 and 2022 were Greece ($1.31M), Romania ($1.21M), and Iraq ($140k).

Imports In 2022, Bulgaria imported $50.5M in Butter, becoming the 42nd largest importer of Butter in the world. At the same year, Butter was the 200th most imported product in Bulgaria. Bulgaria imports Butter primarily from: Germany ($30.1M), Netherlands ($7.73M), France ($2.61M), Poland ($2.22M), and Italy ($1.79M).

The fastest growing import markets in Butter for Bulgaria between 2021 and 2022 were Germany ($2.95M), Netherlands ($1.51M), and Ukraine ($1.32M).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Butter. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.65M
IMPORTS (2022)$50.5M
NET TRADE (2022)-$44.8M

In 2022, Bulgaria exported $5.65M in Butter. The main destinations of Bulgaria exports on Butter were Romania ($3.52M), Greece ($1.44M), Netherlands ($150k), Iraq ($140k), and United Kingdom ($118k).

In 2022, Bulgaria imported $50.5M in Butter, mainly from Germany ($30.1M), Netherlands ($7.73M), France ($2.61M), Poland ($2.22M), and Italy ($1.79M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Greece$1.31M (1.01k%)
Romania$1.21M (52.4%)
Iraq$140k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY Bulgaria WERE (2021 - 2022):
Turkey-$70.8k (-100%)
Malta-$17.6k (-96.4%)
Italy-$17.4k (-86.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Butter were:
In 2022, Bulgaria's main importing competitors in Butter were:

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Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $365k
TOP IMPORT POTENTIALFrance+ $1.12M

Butter’s highest export potential is France. With an export gap of $365k.   Butter’s highest import potential is France with an import gap of $1.12M.

See methodology.

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