2022
Exports
$48.4MWorld Rnk 66 / 152
Flag Rnk 185 / 1211
2022
PRODUCT COMPLEXITY IN Raw Aluminium
-1.12Rnk 859 / 1025
2022
Imports
$418MWorld Rnk 37 / 187
Flag Rnk 18 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $48.4M in Raw Aluminium, making it the 66th largest exporter of Raw Aluminium in the world. At the same year, Raw Aluminium was the 185th most exported product in Bulgaria. The main destination of Raw Aluminium exports from Bulgaria are: Romania ($32.6M), Greece ($7.83M), Slovakia ($1.96M), Italy ($1.62M), and Poland ($1.49M).

The fastest growing export markets for Raw Aluminium of Bulgaria between 2021 and 2022 were Romania ($23.4M), Greece ($4.96M), and Poland ($1.08M).

Imports In 2022, Bulgaria imported $418M in Raw Aluminium, becoming the 37th largest importer of Raw Aluminium in the world. At the same year, Raw Aluminium was the 18th most imported product in Bulgaria. Bulgaria imports Raw Aluminium primarily from: Russia ($129M), Turkey ($113M), South Korea ($21.8M), Greece ($21.6M), and Vietnam ($18.2M).

The fastest growing import markets in Raw Aluminium for Bulgaria between 2021 and 2022 were Turkey ($55.7M), Russia ($41M), and South Korea ($21.7M).

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 Raw Aluminium. 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)$48.4M
IMPORTS (2022)$418M
NET TRADE (2022)-$370M

In 2022, Bulgaria exported $48.4M in Raw Aluminium. The main destinations of Bulgaria exports on Raw Aluminium were Romania ($32.6M), Greece ($7.83M), Slovakia ($1.96M), Italy ($1.62M), and Poland ($1.49M).

In 2022, Bulgaria imported $418M in Raw Aluminium, mainly from Russia ($129M), Turkey ($113M), South Korea ($21.8M), Greece ($21.6M), and Vietnam ($18.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Aluminium EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Romania$23.4M (253%)
Greece$4.96M (173%)
Poland$1.08M (264%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Aluminium BY Bulgaria WERE (2021 - 2022):
Canada-$720k (-100%)
Albania-$385k (-90.2%)
Portugal-$62.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Raw Aluminium were:
Canada $9.37B
India $8.44B
Russia $8.16B
In 2022, Bulgaria's main importing competitors in Raw Aluminium were:

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Trade Value of Raw Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGreece+ $3.13M
TOP IMPORT POTENTIALRussia+ $44.3M

Raw Aluminium’s highest export potential is Greece. With an export gap of $3.13M.   Raw Aluminium’s highest import potential is Russia with an import gap of $44.3M.

See methodology.

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