2022
Exports
$1.5BWorld Rnk 28 / 222
Flag Rnk 9 / 96
2022
PRODUCT COMPLEXITY IN Chemical products n.e.s.
1.97Rnk 6 / 1025
2022
Imports
$1.59BWorld Rnk 37 / 226
Flag Rnk 9 / 96
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $1.5B in Chemical products n.e.s., making it the 28th largest exporter of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 9th most exported product in Bulgaria. The main destination of Chemical products n.e.s. exports from Bulgaria are: Romania ($371M), Italy ($273M), Greece ($156M), Hungary ($138M), and Netherlands ($111M).

The fastest growing export markets for Chemical products n.e.s. of Bulgaria between 2021 and 2022 were Romania ($139M), Italy ($95.9M), and Greece ($88.1M).

Imports In 2022, Bulgaria imported $1.59B in Chemical products n.e.s., becoming the 37th largest importer of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 9th most imported product in Bulgaria. Bulgaria imports Chemical products n.e.s. primarily from: Netherlands ($633M), Spain ($269M), China ($83M), Germany ($80.8M), and Romania ($73.7M).

The fastest growing import markets in Chemical products n.e.s. for Bulgaria between 2021 and 2022 were Netherlands ($240M), Spain ($141M), and China ($54.9M).

Latest Trends

Oct 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 Chemical products n.e.s.. 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)$1.5B
IMPORTS (2022)$1.59B
NET TRADE (2022)-$86.5M

In 2022, Bulgaria exported $1.5B in Chemical products n.e.s.. The main destinations of Bulgaria exports on Chemical products n.e.s. were Romania ($371M), Italy ($273M), Greece ($156M), Hungary ($138M), and Netherlands ($111M).

In 2022, Bulgaria imported $1.59B in Chemical products n.e.s., mainly from Netherlands ($633M), Spain ($269M), China ($83M), Germany ($80.8M), and Romania ($73.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical products n.e.s. EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Romania$139M (59.8%)
Italy$95.9M (54.1%)
Greece$88.1M (130%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical products n.e.s. BY Bulgaria WERE (2021 - 2022):
Croatia-$56.6M (-81.9%)
Hungary-$11M (-7.36%)
United Kingdom-$9.02M (-89.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Chemical products n.e.s. were:
In 2022, Bulgaria's main importing competitors in Chemical products n.e.s. were:

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Trade Value of Chemical products n.e.s. by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $7.23M
TOP IMPORT POTENTIALChina+ $28.4M

Chemical products n.e.s.’s highest export potential is Germany. With an export gap of $7.23M.   Chemical products n.e.s.’s highest import potential is China with an import gap of $28.4M.

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