2022
Exports
$1.72BWorld Rnk 12 / 133
Flag Rnk 4 / 1211
2022
PRODUCT COMPLEXITY IN Wheat
-0.42Rnk 677 / 1025
2022
Imports
$21.8MWorld Rnk 131 / 194
Flag Rnk 369 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $1.72B in Wheat, making it the 12th largest exporter of Wheat in the world. At the same year, Wheat was the 4th most exported product in Bulgaria. The main destination of Wheat exports from Bulgaria are: Algeria ($476M), Egypt ($228M), Tunisia ($168M), Greece ($161M), and Pakistan ($147M).

The fastest growing export markets for Wheat of Bulgaria between 2021 and 2022 were Algeria ($454M), Egypt ($228M), and Tunisia ($66.4M).

Imports In 2022, Bulgaria imported $21.8M in Wheat, becoming the 131st largest importer of Wheat in the world. At the same year, Wheat was the 369th most imported product in Bulgaria. Bulgaria imports Wheat primarily from: Austria ($7.77M), Romania ($5.58M), Ukraine ($3.86M), Slovakia ($1.49M), and Hungary ($1.46M).

The fastest growing import markets in Wheat for Bulgaria between 2021 and 2022 were Austria ($6.3M), Ukraine ($3.86M), and Romania ($3.34M).

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 Wheat. 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)$1.72B
IMPORTS (2022)$21.8M
NET TRADE (2022)$1.7B

In 2022, Bulgaria exported $1.72B in Wheat. The main destinations of Bulgaria exports on Wheat were Algeria ($476M), Egypt ($228M), Tunisia ($168M), Greece ($161M), and Pakistan ($147M).

In 2022, Bulgaria imported $21.8M in Wheat, mainly from Austria ($7.77M), Romania ($5.58M), Ukraine ($3.86M), Slovakia ($1.49M), and Hungary ($1.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Algeria$454M (2.02k%)
Egypt$228M (1%)
Tunisia$66.4M (65.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Bulgaria WERE (2021 - 2022):
South Korea-$87.2M (-84.7%)
Spain-$64.6M (-36.2%)
Libya-$62.3M (-87.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Wheat were:
In 2022, Bulgaria's main importing competitors in Wheat were:
Egypt $4.82B
China $4.52B

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $39M
TOP IMPORT POTENTIALRomania+ $4.39M

Wheat’s highest export potential is Turkey. With an export gap of $39M.   Wheat’s highest import potential is Romania with an import gap of $4.39M.

See methodology.

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