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Exports In 2022, Bulgaria exported $328k in Olive Oil, making it the 22nd largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 955th most exported product in Bulgaria. The main destination of Olive Oil exports from Bulgaria are: Greece ($310k), Lebanon ($6.18k), Germany ($5.95k), Romania ($4.35k), and France ($923).

The fastest growing export markets for Olive Oil of Bulgaria between 2021 and 2022 were Greece ($307k), Lebanon ($6.18k), and Germany ($5.95k).

Imports In 2022, Bulgaria imported $1.74M in Olive Oil, becoming the 50th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 871st most imported product in Bulgaria. Bulgaria imports Olive Oil primarily from: Italy ($782k), Portugal ($339k), Spain ($323k), Greece ($274k), and Turkey ($12.2k).

The fastest growing import markets in Olive Oil for Bulgaria between 2021 and 2022 were Portugal ($339k), Italy ($44.4k), and Spain ($32.8k).

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 Olive Oil. 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)$328k
IMPORTS (2022)$1.74M
NET TRADE (2022)-$1.41M

In 2022, Bulgaria exported $328k in Olive Oil. The main destinations of Bulgaria exports on Olive Oil were Greece ($310k), Lebanon ($6.18k), Germany ($5.95k), Romania ($4.35k), and France ($923).

In 2022, Bulgaria imported $1.74M in Olive Oil, mainly from Italy ($782k), Portugal ($339k), Spain ($323k), Greece ($274k), and Turkey ($12.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Greece$307k (10.4k%)
Lebanon$6.18k (1%)
Germany$5.95k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Bulgaria WERE (2021 - 2022):
Romania-$14k (-76.3%)
Cote d'Ivoire-$8.5k (-100%)
Italy-$5.63k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Olive Oil were:
Spain $322M
Italy $115M
Greece $69.6M
In 2022, Bulgaria's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALRomania+ $11k
TOP IMPORT POTENTIALGreece+ $80.6k

Olive Oil’s highest export potential is Romania. With an export gap of $11k.   Olive Oil’s highest import potential is Greece with an import gap of $80.6k.

See methodology.

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