2022
Exports
$19.1MWorld Rnk 18 / 147
Flag Rnk 312 / 1211
2022
PRODUCT COMPLEXITY IN Cocoa Powder
-0.69Rnk 755 / 1025
2022
Imports
$7.36MWorld Rnk 64 / 215
Flag Rnk 611 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $19.1M in Cocoa Powder, making it the 18th largest exporter of Cocoa Powder in the world. At the same year, Cocoa Powder was the 312th most exported product in Bulgaria. The main destination of Cocoa Powder exports from Bulgaria are: Turkey ($11.2M), Poland ($927k), Mexico ($694k), Romania ($655k), and Hong Kong ($578k).

The fastest growing export markets for Cocoa Powder of Bulgaria between 2021 and 2022 were Turkey ($10.8M), Mexico ($594k), and Hong Kong ($578k).

Imports In 2022, Bulgaria imported $7.36M in Cocoa Powder, becoming the 64th largest importer of Cocoa Powder in the world. At the same year, Cocoa Powder was the 611th most imported product in Bulgaria. Bulgaria imports Cocoa Powder primarily from: Netherlands ($2.78M), Spain ($969k), Germany ($817k), Romania ($702k), and Greece ($699k).

The fastest growing import markets in Cocoa Powder for Bulgaria between 2021 and 2022 were Austria ($216k), Germany ($157k), and Greece ($116k).

Latest Trends

Jul 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 Cocoa Powder. 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)$19.1M
IMPORTS (2022)$7.36M
NET TRADE (2022)$11.7M

In 2022, Bulgaria exported $19.1M in Cocoa Powder. The main destinations of Bulgaria exports on Cocoa Powder were Turkey ($11.2M), Poland ($927k), Mexico ($694k), Romania ($655k), and Hong Kong ($578k).

In 2022, Bulgaria imported $7.36M in Cocoa Powder, mainly from Netherlands ($2.78M), Spain ($969k), Germany ($817k), Romania ($702k), and Greece ($699k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Powder EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Turkey$10.8M (2.6k%)
Mexico$594k (597%)
Hong Kong$578k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Powder BY Bulgaria WERE (2021 - 2022):
Germany-$314k (-77.9%)
Russia-$223k (-29.4%)
Ukraine-$155k (-53.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Cocoa Powder were:
In 2022, Bulgaria's main importing competitors in Cocoa Powder were:

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Trade Value of Cocoa Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $419k
TOP IMPORT POTENTIALGermany+ $267k

Cocoa Powder’s highest export potential is Russia. With an export gap of $419k.   Cocoa Powder’s highest import potential is Germany with an import gap of $267k.

See methodology.

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