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2022
Exports $7.16MWorld Rnk 24 / 131
Flag Rnk 474 / 1211
2022
Destination $3.31M Romania
2021 - 2022
FASTEST GROWING MARKET $3.31MRomania
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.98Rnk 835 / 1025
2022
Imports $73.8kWorld Rnk 139 / 189
Flag Rnk 1134 / 1209
2022
Origin $5.24k Spain
2021 - 2022
FASTEST GROWING ORIGIN $5.24kSpain
2022
ECONOMIC COMPLEXITY of Bulgaria0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $7.16M in Bitumen and asphalt, making it the 24th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 474th most exported product in Bulgaria. The main destination of Bitumen and asphalt exports from Bulgaria are: Romania ($7.13M), Oman ($25.5k), and Netherlands ($4.63k).

The fastest growing export markets for Bitumen and asphalt of Bulgaria between 2021 and 2022 were Romania ($3.31M) and Oman ($25.5k).

Imports In 2022, Bulgaria imported $73.8k in Bitumen and asphalt, becoming the 139th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 1134th most imported product in Bulgaria. Bulgaria imports Bitumen and asphalt primarily from: Spain ($31.2k), Italy ($29.1k), Turkey ($10.6k), Netherlands ($1.27k), and Greece ($867).

The fastest growing import markets in Bitumen and asphalt for Bulgaria between 2021 and 2022 were Spain ($5.24k), Turkey ($4.71k), and Netherlands ($1.27k).

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 Bitumen and asphalt. 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)$7.16M
IMPORTS (2022)$73.8k
NET TRADE (2022)$7.08M

In 2022, Bulgaria exported $7.16M in Bitumen and asphalt. The main destinations of Bulgaria exports on Bitumen and asphalt were Romania ($7.13M), Oman ($25.5k), and Netherlands ($4.63k).

In 2022, Bulgaria imported $73.8k in Bitumen and asphalt, mainly from Spain ($31.2k), Italy ($29.1k), Turkey ($10.6k), Netherlands ($1.27k), and Greece ($867).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Romania$3.31M (86.9%)
Oman$25.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Bulgaria WERE (2021 - 2022):
Georgia-$10.1k (-100%)
Netherlands-$4.92k (-51.5%)
United Arab Emirates-$4.07k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Bitumen and asphalt were:
Turkey $261M
United States $166M
Spain $70.6M
In 2022, Bulgaria's main importing competitors in Bitumen and asphalt were:
Egypt $206M
France $155M
Canada $78.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALOman+ $21.9k
TOP IMPORT POTENTIALTurkey+ $22.4k

Bitumen and asphalt’s highest export potential is Oman. With an export gap of $21.9k.   Bitumen and asphalt’s highest import potential is Turkey with an import gap of $22.4k.

See methodology.

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