2022
Exports
$56.5MWorld Rnk 62 / 217
Flag Rnk 69 / 96
2022
PRODUCT COMPLEXITY IN Paints, dyes, & varnishes
1.08Rnk 144 / 1025
2022
Imports
$263MWorld Rnk 61 / 225
Flag Rnk 39 / 96
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $56.5M in Paints, dyes, & varnishes, making it the 62nd largest exporter of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 69th most exported product in Bulgaria. The main destination of Paints, dyes, & varnishes exports from Bulgaria are: Romania ($19.4M), Greece ($4.04M), Iran ($3.16M), Turkey ($2.71M), and Germany ($2.15M).

The fastest growing export markets for Paints, dyes, & varnishes of Bulgaria between 2021 and 2022 were Romania ($2.11M), Iran ($1.98M), and Kazakhstan ($1.95M).

Imports In 2022, Bulgaria imported $263M in Paints, dyes, & varnishes, becoming the 61st largest importer of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 39th most imported product in Bulgaria. Bulgaria imports Paints, dyes, & varnishes primarily from: Germany ($34.1M), Italy ($32.3M), Greece ($28.8M), Turkey ($19M), and Spain ($17.6M).

The fastest growing import markets in Paints, dyes, & varnishes for Bulgaria between 2021 and 2022 were Poland ($5.37M), Greece ($2.47M), and Romania ($2M).

Latest Trends

Oct 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 Paints, dyes, & varnishes. 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)$56.5M
IMPORTS (2022)$263M
NET TRADE (2022)-$207M

In 2022, Bulgaria exported $56.5M in Paints, dyes, & varnishes. The main destinations of Bulgaria exports on Paints, dyes, & varnishes were Romania ($19.4M), Greece ($4.04M), Iran ($3.16M), Turkey ($2.71M), and Germany ($2.15M).

In 2022, Bulgaria imported $263M in Paints, dyes, & varnishes, mainly from Germany ($34.1M), Italy ($32.3M), Greece ($28.8M), Turkey ($19M), and Spain ($17.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Paints, dyes, & varnishes EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Romania$2.11M (12.2%)
Iran$1.98M (168%)
Kazakhstan$1.95M (234k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paints, dyes, & varnishes BY Bulgaria WERE (2021 - 2022):
Cyprus-$1.98M (-77.1%)
Slovenia-$1.04M (-82.6%)
Croatia-$1.02M (-70.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Paints, dyes, & varnishes were:
In 2022, Bulgaria's main importing competitors in Paints, dyes, & varnishes were:

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Trade Value of Paints, dyes, & varnishes by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $2.72M
TOP IMPORT POTENTIALGermany+ $10.7M

Paints, dyes, & varnishes’s highest export potential is Turkey. With an export gap of $2.72M.   Paints, dyes, & varnishes’s highest import potential is Germany with an import gap of $10.7M.

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