2022
Exports
$673MWorld Rnk 37 / 175
Flag Rnk 22 / 96
2022
PRODUCT COMPLEXITY IN Fertilizers
-0.82Rnk 785 / 1025
2022
Imports
$829MWorld Rnk 34 / 223
Flag Rnk 15 / 96
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $673M in Fertilizers, making it the 37th largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 22nd most exported product in Bulgaria. The main destination of Fertilizers exports from Bulgaria are: Romania ($263M), Brazil ($68.7M), Bangladesh ($65.6M), India ($56.5M), and Lithuania ($27.8M).

The fastest growing export markets for Fertilizers of Bulgaria between 2021 and 2022 were Romania ($116M), Brazil ($68.7M), and Bangladesh ($47.8M).

Imports In 2022, Bulgaria imported $829M in Fertilizers, becoming the 34th largest importer of Fertilizers in the world. At the same year, Fertilizers was the 15th most imported product in Bulgaria. Bulgaria imports Fertilizers primarily from: Russia ($154M), Greece ($122M), Egypt ($79M), Georgia ($61.7M), and Romania ($55.8M).

The fastest growing import markets in Fertilizers for Bulgaria between 2021 and 2022 were Russia ($115M), Greece ($74.9M), and Egypt ($57M).

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 Fertilizers. 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)$673M
IMPORTS (2022)$829M
NET TRADE (2022)-$156M

In 2022, Bulgaria exported $673M in Fertilizers. The main destinations of Bulgaria exports on Fertilizers were Romania ($263M), Brazil ($68.7M), Bangladesh ($65.6M), India ($56.5M), and Lithuania ($27.8M).

In 2022, Bulgaria imported $829M in Fertilizers, mainly from Russia ($154M), Greece ($122M), Egypt ($79M), Georgia ($61.7M), and Romania ($55.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Romania$116M (78.8%)
Brazil$68.7M (1%)
Bangladesh$47.8M (268%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Bulgaria WERE (2021 - 2022):
Ukraine-$62.6M (-74.2%)
France-$15.6M (-42.6%)
United States-$9.41M (-32.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Fertilizers were:
Russia $18.7B
Canada $14.5B
China $12.7B
In 2022, Bulgaria's main importing competitors in Fertilizers were:

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Trade Value of Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $27.9M
TOP IMPORT POTENTIALRussia+ $44.3M

Fertilizers’s highest export potential is India. With an export gap of $27.9M.   Fertilizers’s highest import potential is Russia with an import gap of $44.3M.

See methodology.

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