2022
Exports
$55MWorld Rnk 29 / 157
Flag Rnk 173 / 1211
2022
PRODUCT COMPLEXITY IN Unpackaged Medicaments
0.61Rnk 312 / 1025
2022
Imports
$69.6MWorld Rnk 35 / 215
Flag Rnk 162 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $55M in Unpackaged Medicaments, making it the 29th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 173rd most exported product in Bulgaria. The main destination of Unpackaged Medicaments exports from Bulgaria are: Germany ($8.79M), Netherlands ($7.58M), Austria ($7.12M), Romania ($5.76M), and United Kingdom ($3.83M).

The fastest growing export markets for Unpackaged Medicaments of Bulgaria between 2021 and 2022 were Germany ($6.28M), United Kingdom ($2.74M), and Denmark ($1.92M).

Imports In 2022, Bulgaria imported $69.6M in Unpackaged Medicaments, becoming the 35th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 162nd most imported product in Bulgaria. Bulgaria imports Unpackaged Medicaments primarily from: Ireland ($19.3M), Czechia ($10.4M), Spain ($8.61M), Cyprus ($5.82M), and Hungary ($4.77M).

The fastest growing import markets in Unpackaged Medicaments for Bulgaria between 2021 and 2022 were Cyprus ($5.15M), Hungary ($3.47M), and Spain ($1.97M).

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 Unpackaged Medicaments. 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)$55M
IMPORTS (2022)$69.6M
NET TRADE (2022)-$14.6M

In 2022, Bulgaria exported $55M in Unpackaged Medicaments. The main destinations of Bulgaria exports on Unpackaged Medicaments were Germany ($8.79M), Netherlands ($7.58M), Austria ($7.12M), Romania ($5.76M), and United Kingdom ($3.83M).

In 2022, Bulgaria imported $69.6M in Unpackaged Medicaments, mainly from Ireland ($19.3M), Czechia ($10.4M), Spain ($8.61M), Cyprus ($5.82M), and Hungary ($4.77M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Germany$6.28M (251%)
United Kingdom$2.74M (253%)
Denmark$1.92M (120%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Bulgaria WERE (2021 - 2022):
Saudi Arabia-$5.65M (-100%)
Russia-$1.52M (-98.1%)
Austria-$1.38M (-16.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Unpackaged Medicaments were:
In 2022, Bulgaria's main importing competitors in Unpackaged Medicaments were:

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Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.49M
TOP IMPORT POTENTIALIndia+ $1.27M

Unpackaged Medicaments’s highest export potential is Germany. With an export gap of $2.49M.   Unpackaged Medicaments’s highest import potential is India with an import gap of $1.27M.

See methodology.

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