Beauty Products in Bulgaria | The Observatory of Economic Complexity

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Exports In 2023, Bulgaria exported $100M in Beauty Products, making it the 42nd largest exporter of Beauty Products in the world. At the same year, Beauty Products was the 110th most exported product in Bulgaria. The main destination of Beauty Products exports from Bulgaria are: Romania ($16.2M), Spain ($9.3M), Netherlands ($7.14M), Greece ($6.41M), and Denmark ($5.32M).

The fastest growing export markets for Beauty Products of Bulgaria between 2022 and 2023 were Romania ($10.4M), Spain ($3.41M), and Netherlands ($3.24M).

Imports In 2023, Bulgaria imported $154M in Beauty Products, becoming the 57th largest importer of Beauty Products in the world. At the same year, Beauty Products was the 79th most imported product in Bulgaria. Bulgaria imports Beauty Products primarily from: France ($22.8M), Croatia ($20.3M), Romania ($16.7M), Germany ($11.2M), and Italy ($8.06M).

The fastest growing import markets in Beauty Products for Bulgaria between 2022 and 2023 were Romania ($12.1M), Croatia ($7.19M), and France ($4.71M).

Latest Trends

Jan 2025

Subnational Monthly Trade

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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 Beauty Products. 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

Trade Value

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Growth (%)

Year

EXPORTS (2023)$100M

IMPORTS (2023)$154M

NET TRADE (2023)-$53.8M

In 2023, Bulgaria exported $100M in Beauty Products. The main destinations of Bulgaria exports on Beauty Products were Romania ($16.2M), Spain ($9.3M), Netherlands ($7.14M), Greece ($6.41M), and Denmark ($5.32M).

In 2023, Bulgaria imported $154M in Beauty Products, mainly from France ($22.8M), Croatia ($20.3M), Romania ($16.7M), Germany ($11.2M), and Italy ($8.06M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

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THE FASTEST GROWING Beauty Products EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):

Romania$10.4M (180%)

Spain$3.41M (58%)

Netherlands$3.24M (83.3%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beauty Products BY Bulgaria WERE (2022 - 2023):

Switzerland-$984k (-59.2%)

Russia-$855k (-34.4%)

Greece-$802k (-11.1%)

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Change in Exports by Market (2022 - 2023)

Market Concentration

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In 2023, Bulgaria's main exporting competitors in Beauty Products were:

France $13.1B

South Korea $8.03B

United States $6.86B

In 2023, Bulgaria's main importing competitors in Beauty Products were:

China $10.4B

United States $6.58B

Hong Kong $5.64B

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Trade Value of Beauty Products by Exporters

Potential Exports

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TOP EXPORT POTENTIALGermany+ $3.64M

TOP IMPORT POTENTIALFrance+ $6.57M

Beauty Products’s highest export potential is Germany. With an export gap of $3.64M. Beauty Products’s highest import potential is France with an import gap of $6.57M.

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Latest Trends

Subnational Monthly Trade

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Historical Data

Trade Balance

Export Destinations (2023)

Import Origins (2023)

Market Growth

Change in Exports by Market (2022 - 2023)

Market Concentration

Trade Value of Beauty Products by Exporters

Potential Exports

Potential Exports

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