2023
Exports
$27.1MWorld Rnk 70 / 175
Flag Rnk 265 / 1207
2023
PRODUCT COMPLEXITY IN Cement
-1.48Rnk 943 / 1025
2023
Imports
$56MWorld Rnk 68 / 224
Flag Rnk 190 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $27.1M in Cement, making it the 70th largest exporter of Cement in the world. At the same year, Cement was the 265th most exported product in Bulgaria. The main destination of Cement exports from Bulgaria are: Romania ($14.4M), North Macedonia ($7.63M), Serbia ($2.6M), Netherlands ($1.33M), and Greece ($785k).

The fastest growing export markets for Cement of Bulgaria between 2022 and 2023 were Serbia ($1.05M), Netherlands ($940k), and Romania ($911k).

Imports In 2023, Bulgaria imported $56M in Cement, becoming the 68th largest importer of Cement in the world. At the same year, Cement was the 190th most imported product in Bulgaria. Bulgaria imports Cement primarily from: Turkey ($48.6M), Greece ($6.11M), Romania ($728k), France ($188k), and Italy ($132k).

The fastest growing import markets in Cement for Bulgaria between 2022 and 2023 were Turkey ($7.6M), Greece ($4.87M), and Romania ($65.3k).

Latest Trends

Dec 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 Cement. 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 (2023)$27.1M
IMPORTS (2023)$56M
NET TRADE (2023)-$29M

In 2023, Bulgaria exported $27.1M in Cement. The main destinations of Bulgaria exports on Cement were Romania ($14.4M), North Macedonia ($7.63M), Serbia ($2.6M), Netherlands ($1.33M), and Greece ($785k).

In 2023, Bulgaria imported $56M in Cement, mainly from Turkey ($48.6M), Greece ($6.11M), Romania ($728k), France ($188k), and Italy ($132k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cement EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
Serbia$1.05M (67.9%)
Netherlands$940k (243%)
Romania$911k (6.74%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cement BY Bulgaria WERE (2022 - 2023):
Ukraine-$743k (-100%)
Greece-$436k (-35.7%)
Moldova-$108k (-36%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bulgaria's main exporting competitors in Cement were:
Turkey $1.65B
Vietnam $1.58B
Egypt $841M
In 2023, Bulgaria's main importing competitors in Cement were:

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Trade Value of Cement by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSerbia+ $471k
TOP IMPORT POTENTIALGreece+ $1.08M

Cement’s highest export potential is Serbia. With an export gap of $471k.   Cement’s highest import potential is Greece with an import gap of $1.08M.

See methodology.

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