2022
Exports
$18.1MWorld Rnk 45 / 152
Flag Rnk 323 / 1211
2022
PRODUCT COMPLEXITY IN Buses
0.074Rnk 528 / 1025
2022
Imports
$75.8MWorld Rnk 48 / 217
Flag Rnk 146 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $18.1M in Buses, making it the 45th largest exporter of Buses in the world. At the same year, Buses was the 323rd most exported product in Bulgaria. The main destination of Buses exports from Bulgaria are: Romania ($5.62M), Germany ($3.75M), Greece ($1.64M), Netherlands ($1.56M), and Iran ($1.51M).

The fastest growing export markets for Buses of Bulgaria between 2021 and 2022 were Romania ($5.19M), Iran ($1.31M), and Netherlands ($931k).

Imports In 2022, Bulgaria imported $75.8M in Buses, becoming the 48th largest importer of Buses in the world. At the same year, Buses was the 146th most imported product in Bulgaria. Bulgaria imports Buses primarily from: China ($25.9M), Spain ($19.2M), Turkey ($15.2M), Germany ($6.56M), and France ($2.54M).

The fastest growing import markets in Buses for Bulgaria between 2021 and 2022 were Spain ($13.4M), China ($6.88M), and Turkey ($4.57M).

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 Buses. 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)$18.1M
IMPORTS (2022)$75.8M
NET TRADE (2022)-$57.7M

In 2022, Bulgaria exported $18.1M in Buses. The main destinations of Bulgaria exports on Buses were Romania ($5.62M), Germany ($3.75M), Greece ($1.64M), Netherlands ($1.56M), and Iran ($1.51M).

In 2022, Bulgaria imported $75.8M in Buses, mainly from China ($25.9M), Spain ($19.2M), Turkey ($15.2M), Germany ($6.56M), and France ($2.54M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Romania$5.19M (1.2k%)
Iran$1.31M (647%)
Netherlands$931k (148%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Bulgaria WERE (2021 - 2022):
Italy-$791k (-41.3%)
Belgium-$323k (-100%)
France-$237k (-95.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Buses were:
China $2.64B
Japan $1.95B
Turkey $1.52B
In 2022, Bulgaria's main importing competitors in Buses were:

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Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.32M
TOP IMPORT POTENTIALTurkey+ $5.52M

Buses’s highest export potential is Germany. With an export gap of $1.32M.   Buses’s highest import potential is Turkey with an import gap of $5.52M.

See methodology.

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