2022
Exports
$895World Rnk 68 / 80
Flag Rnk 1179 / 1211
2022
PRODUCT COMPLEXITY IN Rare-Earth Metal Compounds
0.68Rnk 287 / 1025
2022
Imports
$1.04MWorld Rnk 39 / 144
Flag Rnk 933 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $895 in Rare-Earth Metal Compounds, making it the 68th largest exporter of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 1179th most exported product in Bulgaria. The main destination of Rare-Earth Metal Compounds exports from Bulgaria are: Portugal ($646), Netherlands ($100), Hungary ($75), and Ecuador ($74).

The fastest growing export markets for Rare-Earth Metal Compounds of Bulgaria between 2021 and 2022 were Portugal ($646), Ecuador ($74), and Hungary ($12).

Imports In 2022, Bulgaria imported $1.04M in Rare-Earth Metal Compounds, becoming the 39th largest importer of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 933rd most imported product in Bulgaria. Bulgaria imports Rare-Earth Metal Compounds primarily from: United States ($908k), Germany ($47.7k), Turkey ($39.3k), Netherlands ($19.2k), and Romania ($11.5k).

The fastest growing import markets in Rare-Earth Metal Compounds for Bulgaria between 2021 and 2022 were United States ($889k), Germany ($16.9k), and Romania ($11.5k).

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 Rare-Earth Metal Compounds. 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)$895
IMPORTS (2022)$1.04M
NET TRADE (2022)-$1.04M

In 2022, Bulgaria exported $895 in Rare-Earth Metal Compounds. The main destinations of Bulgaria exports on Rare-Earth Metal Compounds were Portugal ($646), Netherlands ($100), Hungary ($75), and Ecuador ($74).

In 2022, Bulgaria imported $1.04M in Rare-Earth Metal Compounds, mainly from United States ($908k), Germany ($47.7k), Turkey ($39.3k), Netherlands ($19.2k), and Romania ($11.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rare-Earth Metal Compounds EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Portugal$646 (1%)
Ecuador$74 (1%)
Hungary$12 (19%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rare-Earth Metal Compounds BY Bulgaria WERE (2021 - 2022):Netherlands-$1.1k (-91.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Rare-Earth Metal Compounds were:
In 2022, Bulgaria's main importing competitors in Rare-Earth Metal Compounds were:
China $1.48B
Japan $488M

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Trade Value of Rare-Earth Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $677
TOP IMPORT POTENTIALGermany+ $23.8k

Rare-Earth Metal Compounds’s highest export potential is China. With an export gap of $677.   Rare-Earth Metal Compounds’s highest import potential is Germany with an import gap of $23.8k.

See methodology.

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