2023
Exports
$30.2MWorld Rnk 30 / 194
Flag Rnk 246 / 1207
2023
PRODUCT COMPLEXITY IN Perfume Plants
-1.84Rnk 985 / 1025
2023
Imports
$5.56MWorld Rnk 61 / 215
Flag Rnk 663 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $30.2M in Perfume Plants, making it the 30th largest exporter of Perfume Plants in the world. At the same year, Perfume Plants was the 246th most exported product in Bulgaria. The main destination of Perfume Plants exports from Bulgaria are: Germany ($11.7M), Spain ($3.94M), United States ($3.76M), Italy ($1.84M), and Czechia ($1.26M).

The fastest growing export markets for Perfume Plants of Bulgaria between 2022 and 2023 were Italy ($495k), Japan ($188k), and Austria ($145k).

Imports In 2023, Bulgaria imported $5.56M in Perfume Plants, becoming the 61st largest importer of Perfume Plants in the world. At the same year, Perfume Plants was the 663rd most imported product in Bulgaria. Bulgaria imports Perfume Plants primarily from: Albania ($635k), Turkey ($562k), Egypt ($559k), Brazil ($538k), and Ukraine ($508k).

The fastest growing import markets in Perfume Plants for Bulgaria between 2022 and 2023 were Brazil ($538k), Egypt ($400k), and North Macedonia ($270k).

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 Perfume Plants. 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)$30.2M
IMPORTS (2023)$5.56M
NET TRADE (2023)$24.7M

In 2023, Bulgaria exported $30.2M in Perfume Plants. The main destinations of Bulgaria exports on Perfume Plants were Germany ($11.7M), Spain ($3.94M), United States ($3.76M), Italy ($1.84M), and Czechia ($1.26M).

In 2023, Bulgaria imported $5.56M in Perfume Plants, mainly from Albania ($635k), Turkey ($562k), Egypt ($559k), Brazil ($538k), and Ukraine ($508k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Perfume Plants EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
Italy$495k (36.9%)
Japan$188k (172%)
Austria$145k (53.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfume Plants BY Bulgaria WERE (2022 - 2023):
United States-$2.87M (-43.3%)
Poland-$1.56M (-70.9%)
Germany-$769k (-6.16%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bulgaria's main exporting competitors in Perfume Plants were:
China $988M
India $467M
In 2023, Bulgaria's main importing competitors in Perfume Plants were:

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Trade Value of Perfume Plants by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $1.34M
TOP IMPORT POTENTIALChina+ $386k

Perfume Plants’s highest export potential is United States. With an export gap of $1.34M.   Perfume Plants’s highest import potential is China with an import gap of $386k.

See methodology.

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