2022
Exports
$2.05MWorld Rnk 44 / 101
Flag Rnk 683 / 1211
2022
PRODUCT COMPLEXITY IN Carbides
-0.24Rnk 626 / 1025
2022
Imports
$638kWorld Rnk 97 / 175
Flag Rnk 990 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $2.05M in Carbides, making it the 44th largest exporter of Carbides in the world. At the same year, Carbides was the 683rd most exported product in Bulgaria. The main destination of Carbides exports from Bulgaria are: Romania ($1.21M), Turkey ($517k), Poland ($89.1k), Slovenia ($69.8k), and Egypt ($61.1k).

The fastest growing export markets for Carbides of Bulgaria between 2021 and 2022 were Netherlands ($418) and Ecuador ($48).

Imports In 2022, Bulgaria imported $638k in Carbides, becoming the 97th largest importer of Carbides in the world. At the same year, Carbides was the 990th most imported product in Bulgaria. Bulgaria imports Carbides primarily from: Austria ($169k), Germany ($143k), Italy ($62.5k), China ($58.3k), and Slovenia ($39.5k).

The fastest growing import markets in Carbides for Bulgaria between 2021 and 2022 were Italy ($57.9k), China ($40.8k), and Norway ($35.5k).

Latest Trends

Jul 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 Carbides. 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)$2.05M
IMPORTS (2022)$638k
NET TRADE (2022)$1.41M

In 2022, Bulgaria exported $2.05M in Carbides. The main destinations of Bulgaria exports on Carbides were Romania ($1.21M), Turkey ($517k), Poland ($89.1k), Slovenia ($69.8k), and Egypt ($61.1k).

In 2022, Bulgaria imported $638k in Carbides, mainly from Austria ($169k), Germany ($143k), Italy ($62.5k), China ($58.3k), and Slovenia ($39.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carbides EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Netherlands$418 (345%)
Ecuador$48 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbides BY Bulgaria WERE (2021 - 2022):
Turkey-$2.71M (-84%)
Romania-$835k (-40.9%)
Greece-$312k (-87.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Carbides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $159k
TOP IMPORT POTENTIALChina+ $86.5k

Carbides’s highest export potential is Turkey. With an export gap of $159k.   Carbides’s highest import potential is China with an import gap of $86.5k.

See methodology.

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