2022
Exports
$66MWorld Rnk 26 / 106
Flag Rnk 144 / 1211
2022
PRODUCT COMPLEXITY IN Ammonia
-1.27Rnk 901 / 1025
2022
Imports
$225MWorld Rnk 21 / 187
Flag Rnk 50 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $66M in Ammonia, making it the 26th largest exporter of Ammonia in the world. At the same year, Ammonia was the 144th most exported product in Bulgaria. The main destination of Ammonia exports from Bulgaria are: Serbia ($45M), Turkey ($7.19M), Romania ($6.36M), Greece ($3.09M), and Italy ($2.61M).

The fastest growing export markets for Ammonia of Bulgaria between 2021 and 2022 were Serbia ($20.2M), Romania ($4.59M), and Turkey ($3.17M).

Imports In 2022, Bulgaria imported $225M in Ammonia, becoming the 21st largest importer of Ammonia in the world. At the same year, Ammonia was the 50th most imported product in Bulgaria. Bulgaria imports Ammonia primarily from: Qatar ($47.7M), Algeria ($41.5M), Egypt ($40.1M), Ukraine ($36.3M), and Saudi Arabia ($26.8M).

The fastest growing import markets in Ammonia for Bulgaria between 2021 and 2022 were Qatar ($47.7M), Egypt ($35.5M), and Saudi Arabia ($26.8M).

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 Ammonia. 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)$66M
IMPORTS (2022)$225M
NET TRADE (2022)-$159M

In 2022, Bulgaria exported $66M in Ammonia. The main destinations of Bulgaria exports on Ammonia were Serbia ($45M), Turkey ($7.19M), Romania ($6.36M), Greece ($3.09M), and Italy ($2.61M).

In 2022, Bulgaria imported $225M in Ammonia, mainly from Qatar ($47.7M), Algeria ($41.5M), Egypt ($40.1M), Ukraine ($36.3M), and Saudi Arabia ($26.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ammonia EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Serbia$20.2M (81.2%)
Romania$4.59M (260%)
Turkey$3.17M (79.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ammonia BY Bulgaria WERE (2021 - 2022):
Bosnia and Herzegovina-$2.47M (-76.6%)
Netherlands-$1.47k (-50.5%)
Denmark-$359 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Ammonia by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $3.8M
TOP IMPORT POTENTIALTrinidad and Tobago+ $2.13M

Ammonia’s highest export potential is Turkey. With an export gap of $3.8M.   Ammonia’s highest import potential is Trinidad and Tobago with an import gap of $2.13M.

See methodology.

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