HS Icon Cars in  Flag Bulgaria

2020
Exports | Imports
: $297M | $1.19B, World Rnk 48 / 210
Flag Rnk 20 / 1199 | World Rnk 55 / 224
Flag Rnk 4 / 1203

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $18.9M | $10.4M, Germany |  Lithuania

2020
ECONOMIC COMPLEXITY of Bulgaria
: 0.52, Rnk 41 / 127

2020
PRODUCT COMPLEXITY  IN Cars
: 0.89, Rnk 214 / 1029

Exports In 2020, Bulgaria exported $297M in Cars, making it the 48th largest exporter of Cars in the world. At the same year, Cars was the 20th most exported product in Bulgaria. The main destination of Cars exports from Bulgaria are: Germany ($144M), North Macedonia ($20M), France ($18.7M), Romania ($17.7M), and Italy ($16.6M).

The fastest growing export markets for Cars of Bulgaria between 2019 and 2020 were Germany ($18.9M), United Kingdom ($6M), and France ($4.33M).

Imports In 2020, Bulgaria imported $1.19B in Cars, becoming the 55th largest importer of Cars in the world. At the same year, Cars was the 4th most imported product in Bulgaria. Bulgaria imports Cars primarily from: Germany ($261M), Hungary ($134M), Turkey ($133M), Czechia ($105M), and Austria ($66M).

The fastest growing import markets in Cars for Bulgaria between 2019 and 2020 were Lithuania ($10.4M), Canada ($2.94M), and Slovenia ($2.45M).

Tariffs In 2006, the average tariff for Bulgaria in Cars was 8.56%. The countries with the highest import tariffs for Cars were Angola (Most Favoured Nation duty rate treatement, 9.94%), Burundi (Most Favoured Nation duty rate treatement, 9.94%), Benin (Most Favoured Nation duty rate treatement, 9.94%), Burkina Faso (Most Favoured Nation duty rate treatement, 9.94%), and Botswana (Most Favoured Nation duty rate treatement, 9.94%).

Subnational Monthly Trade

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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 Cars. 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

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EXPORTS (2020): $297M

IMPORTS (2020): $1.19B

NET TRADE (2020): -$893M

In 2020, Bulgaria exported $297M in Cars. The main destinations of Bulgaria exports on Cars were Germany ($144M), North Macedonia ($20M), France ($18.7M), Romania ($17.7M), and Italy ($16.6M).

In 2020, Bulgaria imported $1.19B in Cars, mainly from Germany ($261M), Hungary ($134M), Turkey ($133M), Czechia ($105M), and Austria ($66M).

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THE FASTEST GROWING Cars EXPORT MARKETS FOR Bulgaria WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Bulgaria WERE (2019 - 2020):

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Market Concentration

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In 2020, Bulgaria's main exporting competitors in Cars were:

In 2020, Bulgaria's main importing competitors in Cars were:

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