2023
Exports
$335MWorld Rnk 27 / 111
Flag Rnk 28 / 1207
2023
PRODUCT COMPLEXITY IN Copper Ore
-1.95Rnk 994 / 1025
2023
Imports
$1.97BWorld Rnk 8 / 102
Flag Rnk 2 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $335M in Copper Ore, making it the 27th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 28th most exported product in Bulgaria. The main destination of Copper Ore exports from Bulgaria are: China ($199M), Serbia ($71.3M), Namibia ($55.7M), Georgia ($4.18M), and Chinese Taipei ($1.85M).

The fastest growing export markets for Copper Ore of Bulgaria between 2022 and 2023 were China ($97.4M), Serbia ($71.3M), and Georgia ($4.18M).

Imports In 2023, Bulgaria imported $1.97B in Copper Ore, becoming the 8th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 2nd most imported product in Bulgaria. Bulgaria imports Copper Ore primarily from: Brazil ($376M), Indonesia ($330M), Georgia ($281M), Turkey ($212M), and Peru ($204M).

The fastest growing import markets in Copper Ore for Bulgaria between 2022 and 2023 were Brazil ($149M), Indonesia ($124M), and Peru ($27.7M).

Latest Trends

Jan 2025

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 Copper Ore. 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)$335M
IMPORTS (2023)$1.97B
NET TRADE (2023)-$1.64B

In 2023, Bulgaria exported $335M in Copper Ore. The main destinations of Bulgaria exports on Copper Ore were China ($199M), Serbia ($71.3M), Namibia ($55.7M), Georgia ($4.18M), and Chinese Taipei ($1.85M).

In 2023, Bulgaria imported $1.97B in Copper Ore, mainly from Brazil ($376M), Indonesia ($330M), Georgia ($281M), Turkey ($212M), and Peru ($204M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
China$97.4M (95.6%)
Serbia$71.3M (1%)
Georgia$4.18M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Bulgaria WERE (2022 - 2023):
Germany-$17.7M (-100%)
Namibia-$9.73M (-14.9%)
Turkey-$9.71M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bulgaria's main exporting competitors in Copper Ore were:
Chile $24.2B
Peru $19.9B
In 2023, Bulgaria's main importing competitors in Copper Ore were:

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $63.3M
TOP IMPORT POTENTIALSerbia+ $15.4M

Copper Ore’s highest export potential is China. With an export gap of $63.3M.   Copper Ore’s highest import potential is Serbia with an import gap of $15.4M.

See methodology.

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