2021
Exports | Imports
$331M | $1.45BWorld Rnk 48 / 218
Flag Rnk 26 / 1200
World Rnk 60 / 226
Flag Rnk 4 / 1204
2021
ECONOMIC COMPLEXITY of Bulgaria
0.63Rnk 40 / 131
2021
PRODUCT COMPLEXITY IN Cars
0.88Rnk 214 / 1024

About

Exports In 2021, Bulgaria exported $331M in Cars, making it the 48th largest exporter of Cars in the world. At the same year, Cars was the 26th most exported product in Bulgaria. The main destination of Cars exports from Bulgaria are: Germany ($102M), Romania ($66.6M), North Macedonia ($23.8M), Greece ($23.1M), and Italy ($22.4M).

The fastest growing export markets for Cars of Bulgaria between 2020 and 2021 were Romania ($49M), Greece ($13.4M), and Israel ($6.7M).

Imports In 2021, Bulgaria imported $1.45B in Cars, becoming the 60th 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 ($408M), Hungary ($138M), Turkey ($134M), Italy ($87.2M), and Czechia ($86.4M).

The fastest growing import markets in Cars for Bulgaria between 2020 and 2021 were Germany ($147M), France ($33.9M), and Italy ($29.2M).

Latest Trends

Dec 2023

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 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

Trade Balance

Color
EXPORTS (2021)$331M
IMPORTS (2021)$1.45B
NET TRADE (2021)-$1.12B

In 2021, Bulgaria exported $331M in Cars. The main destinations of Bulgaria exports on Cars were Germany ($102M), Romania ($66.6M), North Macedonia ($23.8M), Greece ($23.1M), and Italy ($22.4M).

In 2021, Bulgaria imported $1.45B in Cars, mainly from Germany ($408M), Hungary ($138M), Turkey ($134M), Italy ($87.2M), and Czechia ($86.4M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Bulgaria WERE (2020 - 2021):
Romania$49M (277%)
Greece$13.4M (137%)
Israel$6.7M (170%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Bulgaria WERE (2020 - 2021):
Germany-$41.1M (-28.6%)
United Kingdom-$7.66M (-100%)
Belgium-$4.39M (-43.3%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Bulgaria's main exporting competitors in Cars were:
In 2021, Bulgaria's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

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