2023
Exports
$1.68MWorld Rnk 39 / 90
Flag Rnk 720 / 1207
2023
PRODUCT COMPLEXITY IN Steel Bars
0.38Rnk 420 / 1025
2023
Imports
$5.81MWorld Rnk 58 / 166
Flag Rnk 655 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $1.68M in Steel Bars, making it the 39th largest exporter of Steel Bars in the world. At the same year, Steel Bars was the 720th most exported product in Bulgaria. The main destination of Steel Bars exports from Bulgaria are: Romania ($817k), Serbia ($750k), Greece ($106k), and Netherlands ($9.5k).

The fastest growing export markets for Steel Bars of Bulgaria between 2022 and 2023 were Serbia ($750k), Romania ($73.1k), and Netherlands ($954).

Imports In 2023, Bulgaria imported $5.81M in Steel Bars, becoming the 58th largest importer of Steel Bars in the world. At the same year, Steel Bars was the 655th most imported product in Bulgaria. Bulgaria imports Steel Bars primarily from: Turkey ($4.12M), Egypt ($1.05M), Italy ($544k), Romania ($55.4k), and Ukraine ($38.3k).

The fastest growing import markets in Steel Bars for Bulgaria between 2022 and 2023 were Egypt ($1.05M), Italy ($308k), and Romania ($53.8k).

Latest Trends

Jan 2025

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 Steel Bars. 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 (2023)$1.68M
IMPORTS (2023)$5.81M
NET TRADE (2023)-$4.13M

In 2023, Bulgaria exported $1.68M in Steel Bars. The main destinations of Bulgaria exports on Steel Bars were Romania ($817k), Serbia ($750k), Greece ($106k), and Netherlands ($9.5k).

In 2023, Bulgaria imported $5.81M in Steel Bars, mainly from Turkey ($4.12M), Egypt ($1.05M), Italy ($544k), Romania ($55.4k), and Ukraine ($38.3k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Steel Bars EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
Serbia$750k (1%)
Romania$73.1k (9.83%)
Netherlands$954 (11.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Bars BY Bulgaria WERE (2022 - 2023):
Greece-$138k (-56.5%)
Denmark-$2.37k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bulgaria's main exporting competitors in Steel Bars were:
In 2023, Bulgaria's main importing competitors in Steel Bars were:

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Trade Value of Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $14.4k
TOP IMPORT POTENTIALItaly+ $201k

Steel Bars’s highest export potential is Netherlands. With an export gap of $14.4k.   Steel Bars’s highest import potential is Italy with an import gap of $201k.

See methodology.

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