2023
Exports
$50.7MWorld Rnk 39 / 211
Flag Rnk 179 / 1207
2023
PRODUCT COMPLEXITY IN Hair Products
0.17Rnk 498 / 1025
2023
Imports
$64MWorld Rnk 59 / 226
Flag Rnk 170 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $50.7M in Hair Products, making it the 39th largest exporter of Hair Products in the world. At the same year, Hair Products was the 179th most exported product in Bulgaria. The main destination of Hair Products exports from Bulgaria are: Netherlands ($11.2M), United Kingdom ($4.11M), Romania ($3.99M), Russia ($3.81M), and Ukraine ($2.48M).

The fastest growing export markets for Hair Products of Bulgaria between 2022 and 2023 were Netherlands ($8.19M), Romania ($1.58M), and United Kingdom ($1.39M).

Imports In 2023, Bulgaria imported $64M in Hair Products, becoming the 59th largest importer of Hair Products in the world. At the same year, Hair Products was the 170th most imported product in Bulgaria. Bulgaria imports Hair Products primarily from: Germany ($10.8M), Romania ($10.1M), Italy ($9.44M), Turkey ($3.49M), and Poland ($3.41M).

The fastest growing import markets in Hair Products for Bulgaria between 2022 and 2023 were Romania ($4.87M), Italy ($2.15M), and Germany ($1.56M).

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 Hair Products. 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)$50.7M
IMPORTS (2023)$64M
NET TRADE (2023)-$13.3M

In 2023, Bulgaria exported $50.7M in Hair Products. The main destinations of Bulgaria exports on Hair Products were Netherlands ($11.2M), United Kingdom ($4.11M), Romania ($3.99M), Russia ($3.81M), and Ukraine ($2.48M).

In 2023, Bulgaria imported $64M in Hair Products, mainly from Germany ($10.8M), Romania ($10.1M), Italy ($9.44M), Turkey ($3.49M), and Poland ($3.41M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hair Products EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
Netherlands$8.19M (270%)
Romania$1.58M (65.7%)
United Kingdom$1.39M (51.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hair Products BY Bulgaria WERE (2022 - 2023):
Italy-$1.52M (-78.1%)
Russia-$784k (-17.1%)
Albania-$578k (-77.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bulgaria's main exporting competitors in Hair Products were:
In 2023, Bulgaria's main importing competitors in Hair Products were:

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Trade Value of Hair Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $1.81M
TOP IMPORT POTENTIALRomania+ $1.91M

Hair Products’s highest export potential is United Kingdom. With an export gap of $1.81M.   Hair Products’s highest import potential is Romania with an import gap of $1.91M.

See methodology.

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