2022
Exports | Imports
$1.8B | $844MWorld Rnk 20 / 210
Flag Rnk 6 / 96
World Rnk 47 / 224
Flag Rnk 14 / 96
2022
ECONOMIC COMPLEXITY of Bulgaria
0.66Rnk 37 / 124
2022
PRODUCT COMPLEXITY IN Animal or vegetable fats, oils, & waxes
0.82Rnk 240 / 1025

About

Exports In 2022, Bulgaria exported $1.8B in Animal or vegetable fats, oils, & waxes, making it the 20th largest exporter of Animal or vegetable fats, oils, & waxes in the world. At the same year, Animal or vegetable fats, oils, & waxes was the 6th most exported product in Bulgaria. The main destination of Animal or vegetable fats, oils, & waxes exports from Bulgaria are: Spain ($308M), India ($205M), South Africa ($176M), Italy ($176M), and Greece ($158M).

The fastest growing export markets for Animal or vegetable fats, oils, & waxes of Bulgaria between 2021 and 2022 were Spain ($195M), India ($185M), and Iraq ($130M).

Imports In 2022, Bulgaria imported $844M in Animal or vegetable fats, oils, & waxes, becoming the 47th largest importer of Animal or vegetable fats, oils, & waxes in the world. At the same year, Animal or vegetable fats, oils, & waxes was the 14th most imported product in Bulgaria. Bulgaria imports Animal or vegetable fats, oils, & waxes primarily from: Ukraine ($293M), Romania ($162M), Greece ($103M), China ($73.7M), and Serbia ($32.5M).

The fastest growing import markets in Animal or vegetable fats, oils, & waxes for Bulgaria between 2021 and 2022 were Ukraine ($279M), Romania ($81.9M), and China ($52.2M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Animal or vegetable fats, oils, & waxes from Bulgaria to the United States.

Latest Trends

Feb 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 Animal or vegetable fats, oils, & waxes. 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)$1.8B
IMPORTS (2022)$844M
NET TRADE (2022)$956M

In 2022, Bulgaria exported $1.8B in Animal or vegetable fats, oils, & waxes. The main destinations of Bulgaria exports on Animal or vegetable fats, oils, & waxes were Spain ($308M), India ($205M), South Africa ($176M), Italy ($176M), and Greece ($158M).

In 2022, Bulgaria imported $844M in Animal or vegetable fats, oils, & waxes, mainly from Ukraine ($293M), Romania ($162M), Greece ($103M), China ($73.7M), and Serbia ($32.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal or vegetable fats, oils, & waxes EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Spain$195M (171%)
India$185M (945%)
Iraq$130M (462k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal or vegetable fats, oils, & waxes BY Bulgaria WERE (2021 - 2022):
Turkey-$20.4M (-28.8%)
Sudan-$13.1M (-98.7%)
Egypt-$12.9M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Animal or vegetable fats, oils, & waxes were:
In 2022, Bulgaria's main importing competitors in Animal or vegetable fats, oils, & waxes were:

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Trade Value of Animal or vegetable fats, oils, & waxes by Exporters

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