2022
Exports
$15.3MWorld Rnk 27 / 123
Flag Rnk 350 / 1211
2022
PRODUCT COMPLEXITY IN Cocoa Butter
-1.34Rnk 920 / 1025
2022
Imports
$26.1MWorld Rnk 32 / 179
Flag Rnk 328 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $15.3M in Cocoa Butter, making it the 27th largest exporter of Cocoa Butter in the world. At the same year, Cocoa Butter was the 350th most exported product in Bulgaria. The main destination of Cocoa Butter exports from Bulgaria are: Turkey ($15.1M), Greece ($63.8k), Romania ($17.2k), Italy ($13.9k), and Cyprus ($11.7k).

The fastest growing export markets for Cocoa Butter of Bulgaria between 2021 and 2022 were Turkey ($15.1M), Cyprus ($9.32k), and Armenia ($9.22k).

Imports In 2022, Bulgaria imported $26.1M in Cocoa Butter, becoming the 32nd largest importer of Cocoa Butter in the world. At the same year, Cocoa Butter was the 328th most imported product in Bulgaria. Bulgaria imports Cocoa Butter primarily from: Netherlands ($20.7M), Germany ($3.09M), France ($927k), Turkey ($576k), and Greece ($345k).

The fastest growing import markets in Cocoa Butter for Bulgaria between 2021 and 2022 were Malaysia ($264k), Turkey ($182k), and Poland ($2.42k).

Latest Trends

Jul 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 Cocoa Butter. 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)$15.3M
IMPORTS (2022)$26.1M
NET TRADE (2022)-$10.8M

In 2022, Bulgaria exported $15.3M in Cocoa Butter. The main destinations of Bulgaria exports on Cocoa Butter were Turkey ($15.1M), Greece ($63.8k), Romania ($17.2k), Italy ($13.9k), and Cyprus ($11.7k).

In 2022, Bulgaria imported $26.1M in Cocoa Butter, mainly from Netherlands ($20.7M), Germany ($3.09M), France ($927k), Turkey ($576k), and Greece ($345k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Butter EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Turkey$15.1M (1%)
Cyprus$9.32k (398%)
Armenia$9.22k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Butter BY Bulgaria WERE (2021 - 2022):
Romania-$12.1k (-41.3%)
Netherlands-$9.94k (-81.5%)
Ukraine-$8.07k (-93.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Cocoa Butter were:
In 2022, Bulgaria's main importing competitors in Cocoa Butter were:

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Trade Value of Cocoa Butter by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $91.6k
TOP IMPORT POTENTIALGermany+ $357k

Cocoa Butter’s highest export potential is Italy. With an export gap of $91.6k.   Cocoa Butter’s highest import potential is Germany with an import gap of $357k.

See methodology.

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