2023
Exports
$28.9MWorld Rnk 44 / 151
Flag Rnk 257 / 1207
2023
PRODUCT COMPLEXITY IN Buses
0.24Rnk 481 / 1025
2023
Imports
$83.3MWorld Rnk 52 / 212
Flag Rnk 136 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $28.9M in Buses, making it the 44th largest exporter of Buses in the world. At the same year, Buses was the 257th most exported product in Bulgaria. The main destination of Buses exports from Bulgaria are: Germany ($10.5M), Greece ($3.07M), Spain ($2.93M), Portugal ($2.19M), and Romania ($1.74M).

The fastest growing export markets for Buses of Bulgaria between 2022 and 2023 were Germany ($4.81M), Portugal ($2.19M), and Spain ($1.53M).

Imports In 2023, Bulgaria imported $83.3M in Buses, becoming the 52nd largest importer of Buses in the world. At the same year, Buses was the 136th most imported product in Bulgaria. Bulgaria imports Buses primarily from: Turkey ($20.1M), France ($16.5M), Spain ($16.3M), Czechia ($12.3M), and Germany ($9.26M).

The fastest growing import markets in Buses for Bulgaria between 2022 and 2023 were France ($12.6M), Czechia ($12.2M), and Turkey ($3.69M).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 (2023)$28.9M
IMPORTS (2023)$83.3M
NET TRADE (2023)-$54.4M

In 2023, Bulgaria exported $28.9M in Buses. The main destinations of Bulgaria exports on Buses were Germany ($10.5M), Greece ($3.07M), Spain ($2.93M), Portugal ($2.19M), and Romania ($1.74M).

In 2023, Bulgaria imported $83.3M in Buses, mainly from Turkey ($20.1M), France ($16.5M), Spain ($16.3M), Czechia ($12.3M), and Germany ($9.26M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
Germany$4.81M (84.4%)
Portugal$2.19M (1%)
Spain$1.53M (109%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Bulgaria WERE (2022 - 2023):
Italy-$999k (-49.2%)
Iran-$971k (-64.3%)
Netherlands-$929k (-59.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bulgaria's main exporting competitors in Buses were:
China $3.94B
Turkey $2.49B
Japan $2.3B
In 2023, 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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