2018
Exports
$2.17MWorld Rnk 40 / 146
Flag Rnk 672 / 1211
2022
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.75Rnk 772 / 1025
2018
Imports
$19.7MWorld Rnk 40 / 218
Flag Rnk 384 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2018, Bulgaria exported $2.17M in Pure Olive Oil, making it the 40th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 672nd most exported product in Bulgaria. The main destination of Pure Olive Oil exports from Bulgaria are: Iran ($925k), Romania ($488k), France ($409k), Greece ($71k), and Austria ($56.3k).

The fastest growing export markets for Pure Olive Oil of Bulgaria between 2021 and 2022 were Iran ($925k), France ($322k), and United Arab Emirates ($54.3k).

Imports In 2022, Bulgaria imported $19.7M in Pure Olive Oil, becoming the 40th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 384th most imported product in Bulgaria. Bulgaria imports Pure Olive Oil primarily from: Italy ($10.3M), Greece ($3.58M), Romania ($2.1M), Spain ($1.78M), and Hungary ($1.04M).

The fastest growing import markets in Pure Olive Oil for Bulgaria between 2021 and 2022 were Italy ($3.07M), Greece ($1.02M), and Spain ($482k).

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 Pure 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)$2.17M
IMPORTS (2022)$19.7M
NET TRADE (2022)-$17.5M

In 2022, Bulgaria exported $2.17M in Pure Olive Oil. The main destinations of Bulgaria exports on Pure Olive Oil were Iran ($925k), Romania ($488k), France ($409k), Greece ($71k), and Austria ($56.3k).

In 2022, Bulgaria imported $19.7M in Pure Olive Oil, mainly from Italy ($10.3M), Greece ($3.58M), Romania ($2.1M), Spain ($1.78M), and Hungary ($1.04M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Iran$925k (1%)
France$322k (369%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Bulgaria WERE (2021 - 2022):
Romania-$328k (-40.2%)
Italy-$132k (-90.9%)
Germany-$87.2k (-73.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Pure Olive Oil were:
Spain $4.43B
Italy $1.87B
In 2022, Bulgaria's main importing competitors in Pure Olive Oil were:

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $280k
TOP IMPORT POTENTIALSpain+ $1.28M

Pure Olive Oil’s highest export potential is France. With an export gap of $280k.   Pure Olive Oil’s highest import potential is Spain with an import gap of $1.28M.

See methodology.

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