2023
Exports
$395MWorld Rnk 16 / 158
Flag Rnk 24 / 1207
2023
PRODUCT COMPLEXITY IN Corn
-1.03Rnk 838 / 1025
2023
Imports
$82.6MWorld Rnk 69 / 216
Flag Rnk 139 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $395M in Corn, making it the 16th largest exporter of Corn in the world. At the same year, Corn was the 24th most exported product in Bulgaria. The main destination of Corn exports from Bulgaria are: China ($215M), Spain ($60.7M), Greece ($39.6M), South Korea ($23.6M), and Romania ($21.8M).

The fastest growing export markets for Corn of Bulgaria between 2022 and 2023 were China ($169M), Spain ($13.9M), and Italy ($5.1M).

Imports In 2023, Bulgaria imported $82.6M in Corn, becoming the 69th largest importer of Corn in the world. At the same year, Corn was the 139th most imported product in Bulgaria. Bulgaria imports Corn primarily from: Romania ($34.6M), Hungary ($24.4M), France ($7.44M), Greece ($3.54M), and Turkey ($3.23M).

The fastest growing import markets in Corn for Bulgaria between 2022 and 2023 were Hungary ($11.4M), Austria ($1.16M), and Italy ($809k).

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 Corn. 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)$395M
IMPORTS (2023)$82.6M
NET TRADE (2023)$313M

In 2023, Bulgaria exported $395M in Corn. The main destinations of Bulgaria exports on Corn were China ($215M), Spain ($60.7M), Greece ($39.6M), South Korea ($23.6M), and Romania ($21.8M).

In 2023, Bulgaria imported $82.6M in Corn, mainly from Romania ($34.6M), Hungary ($24.4M), France ($7.44M), Greece ($3.54M), and Turkey ($3.23M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
China$169M (369%)
Spain$13.9M (29.8%)
Italy$5.1M (56.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Bulgaria WERE (2022 - 2023):
Romania-$60.4M (-73.4%)
Greece-$40.4M (-50.5%)
South Korea-$19.9M (-45.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bulgaria's main exporting competitors in Corn were:
In 2023, Bulgaria's main importing competitors in Corn were:
China $7.56B
Japan $4.52B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $28.2M
TOP IMPORT POTENTIALUkraine+ $5.12M

Corn’s highest export potential is China. With an export gap of $28.2M.   Corn’s highest import potential is Ukraine with an import gap of $5.12M.

See methodology.

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