2022
Exports
$692MWorld Rnk 8 / 109
Flag Rnk 11 / 1211
2022
PRODUCT COMPLEXITY IN Precious Metal Ore
-1.71Rnk 973 / 1025
2022
Imports
$136MWorld Rnk 14 / 109
Flag Rnk 88 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $692M in Precious Metal Ore, making it the 8th largest exporter of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 11th most exported product in Bulgaria. The main destination of Precious Metal Ore exports from Bulgaria are: Germany ($569M), Namibia ($117M), China ($5.84M), Netherlands ($451), and Ecuador ($242).

The fastest growing export markets for Precious Metal Ore of Bulgaria between 2021 and 2022 were Namibia ($59.2M), Netherlands ($442), and Ecuador ($242).

Imports In 2022, Bulgaria imported $136M in Precious Metal Ore, becoming the 14th largest importer of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 88th most imported product in Bulgaria. Bulgaria imports Precious Metal Ore primarily from: Mexico ($65.9M), Ecuador ($58.1M), Greece ($5.55M), Russia ($3.5M), and Georgia ($2.85M).

The fastest growing import markets in Precious Metal Ore for Bulgaria between 2021 and 2022 were Mexico ($9.38M), Greece ($5.55M), and Russia ($3.5M).

Latest Trends

May 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 Precious Metal Ore. 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)$692M
IMPORTS (2022)$136M
NET TRADE (2022)$556M

In 2022, Bulgaria exported $692M in Precious Metal Ore. The main destinations of Bulgaria exports on Precious Metal Ore were Germany ($569M), Namibia ($117M), China ($5.84M), Netherlands ($451), and Ecuador ($242).

In 2022, Bulgaria imported $136M in Precious Metal Ore, mainly from Mexico ($65.9M), Ecuador ($58.1M), Greece ($5.55M), Russia ($3.5M), and Georgia ($2.85M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Ore EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Namibia$59.2M (102%)
Netherlands$442 (4.91k%)
Ecuador$242 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Ore BY Bulgaria WERE (2021 - 2022):
Germany-$243M (-30%)
Canada-$9.61M (-100%)
China-$1.24M (-17.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Precious Metal Ore were:
In 2022, Bulgaria's main importing competitors in Precious Metal Ore were:

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Trade Value of Precious Metal Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $23.7M
TOP IMPORT POTENTIALRussia+ $2.35M

Precious Metal Ore’s highest export potential is China. With an export gap of $23.7M.   Precious Metal Ore’s highest import potential is Russia with an import gap of $2.35M.

See methodology.

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