2022
Exports
$28.3MWorld Rnk 70 / 170
Flag Rnk 263 / 1211
2022
PRODUCT COMPLEXITY IN Cement
-1.46Rnk 943 / 1025
2022
Imports
$40.2MWorld Rnk 86 / 224
Flag Rnk 247 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $28.3M in Cement, making it the 70th largest exporter of Cement in the world. At the same year, Cement was the 263rd most exported product in Bulgaria. The main destination of Cement exports from Bulgaria are: Romania ($14.3M), North Macedonia ($9.4M), Greece ($1.88M), Serbia ($1.61M), and Ukraine ($556k).

The fastest growing export markets for Cement of Bulgaria between 2021 and 2022 were North Macedonia ($1.22M), Serbia ($1M), and Netherlands ($316k).

Imports In 2022, Bulgaria imported $40.2M in Cement, becoming the 86th largest importer of Cement in the world. At the same year, Cement was the 247th most imported product in Bulgaria. Bulgaria imports Cement primarily from: Turkey ($36.1M), Greece ($1.63M), Tunisia ($1.54M), Romania ($523k), and France ($130k).

The fastest growing import markets in Cement for Bulgaria between 2021 and 2022 were Turkey ($1.83M), Slovenia ($25.3k), and North Macedonia ($24k).

Latest Trends

Sep 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 (2022)$28.3M
IMPORTS (2022)$40.2M
NET TRADE (2022)-$11.9M

In 2022, Bulgaria exported $28.3M in Cement. The main destinations of Bulgaria exports on Cement were Romania ($14.3M), North Macedonia ($9.4M), Greece ($1.88M), Serbia ($1.61M), and Ukraine ($556k).

In 2022, Bulgaria imported $40.2M in Cement, mainly from Turkey ($36.1M), Greece ($1.63M), Tunisia ($1.54M), Romania ($523k), and France ($130k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cement EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
North Macedonia$1.22M (14.9%)
Serbia$1M (164%)
Netherlands$316k (3.13k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cement BY Bulgaria WERE (2021 - 2022):
Romania-$4.54M (-24.1%)
Ukraine-$3.19M (-85.1%)
Italy-$1.53M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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