2022
Exports
$1.2MWorld Rnk 78 / 135
Flag Rnk 777 / 1211
2022
PRODUCT COMPLEXITY IN Soybean Oil
-0.93Rnk 821 / 1025
2022
Imports
$37.2MWorld Rnk 63 / 215
Flag Rnk 259 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $1.2M in Soybean Oil, making it the 78th largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 777th most exported product in Bulgaria. The main destination of Soybean Oil exports from Bulgaria are: Greece ($994k), France ($72.2k), Netherlands ($44.7k), Romania ($43k), and Germany ($15.8k).

The fastest growing export markets for Soybean Oil of Bulgaria between 2021 and 2022 were Greece ($332k), France ($72.2k), and Netherlands ($32.3k).

Imports In 2022, Bulgaria imported $37.2M in Soybean Oil, becoming the 63rd largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 259th most imported product in Bulgaria. Bulgaria imports Soybean Oil primarily from: Serbia ($27.6M), Greece ($3.71M), Moldova ($2.3M), Romania ($1.16M), and Poland ($992k).

The fastest growing import markets in Soybean Oil for Bulgaria between 2021 and 2022 were Moldova ($2.04M), Poland ($653k), and Czechia ($289k).

Latest Trends

Sep 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 Soybean 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)$1.2M
IMPORTS (2022)$37.2M
NET TRADE (2022)-$36M

In 2022, Bulgaria exported $1.2M in Soybean Oil. The main destinations of Bulgaria exports on Soybean Oil were Greece ($994k), France ($72.2k), Netherlands ($44.7k), Romania ($43k), and Germany ($15.8k).

In 2022, Bulgaria imported $37.2M in Soybean Oil, mainly from Serbia ($27.6M), Greece ($3.71M), Moldova ($2.3M), Romania ($1.16M), and Poland ($992k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Oil EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Greece$332k (50.2%)
France$72.2k (1%)
Netherlands$32.3k (259%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Bulgaria WERE (2021 - 2022):
Germany-$51.1k (-76.4%)
Malta-$29.9k (-99.8%)
Romania-$15.7k (-26.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Soybean Oil were:
In 2022, Bulgaria's main importing competitors in Soybean Oil were:

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Trade Value of Soybean Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $66.7k
TOP IMPORT POTENTIALUkraine+ $697k

Soybean Oil’s highest export potential is France. With an export gap of $66.7k.   Soybean Oil’s highest import potential is Ukraine with an import gap of $697k.

See methodology.

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