2022
Exports
$123MWorld Rnk 53 / 218
Flag Rnk 56 / 96
2022
PRODUCT COMPLEXITY IN Coffee, tea, mate & spices
-1.2Rnk 880 / 1025
2022
Imports
$169MWorld Rnk 60 / 224
Flag Rnk 54 / 96
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $123M in Coffee, tea, mate & spices, making it the 53rd largest exporter of Coffee, tea, mate & spices in the world. At the same year, Coffee, tea, mate & spices was the 56th most exported product in Bulgaria. The main destination of Coffee, tea, mate & spices exports from Bulgaria are: Romania ($52.4M), Turkey ($12.8M), Greece ($9M), Hungary ($8.58M), and Ukraine ($4.4M).

The fastest growing export markets for Coffee, tea, mate & spices of Bulgaria between 2021 and 2022 were Turkey ($6.85M), United Kingdom ($2.47M), and Hungary ($922k).

Imports In 2022, Bulgaria imported $169M in Coffee, tea, mate & spices, becoming the 60th largest importer of Coffee, tea, mate & spices in the world. At the same year, Coffee, tea, mate & spices was the 54th most imported product in Bulgaria. Bulgaria imports Coffee, tea, mate & spices primarily from: Italy ($54.7M), Germany ($19.7M), Vietnam ($15.3M), India ($8.13M), and Poland ($8.08M).

The fastest growing import markets in Coffee, tea, mate & spices for Bulgaria between 2021 and 2022 were Italy ($10.4M), India ($3.88M), and China ($3.65M).

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 Coffee, tea, mate & spices. 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)$123M
IMPORTS (2022)$169M
NET TRADE (2022)-$45.5M

In 2022, Bulgaria exported $123M in Coffee, tea, mate & spices. The main destinations of Bulgaria exports on Coffee, tea, mate & spices were Romania ($52.4M), Turkey ($12.8M), Greece ($9M), Hungary ($8.58M), and Ukraine ($4.4M).

In 2022, Bulgaria imported $169M in Coffee, tea, mate & spices, mainly from Italy ($54.7M), Germany ($19.7M), Vietnam ($15.3M), India ($8.13M), and Poland ($8.08M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coffee, tea, mate & spices EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Turkey$6.85M (115%)
United Kingdom$2.47M (318%)
Hungary$922k (12%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee, tea, mate & spices BY Bulgaria WERE (2021 - 2022):
Indonesia-$2.24M (-34.5%)
India-$2.03M (-49.1%)
Sri Lanka-$1.13M (-34.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Coffee, tea, mate & spices were:
Brazil $9.34B
Vietnam $5.02B
India $4.23B
In 2022, Bulgaria's main importing competitors in Coffee, tea, mate & spices were:

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Trade Value of Coffee, tea, mate & spices by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $4.31M
TOP IMPORT POTENTIALBrazil+ $4.21M

Coffee, tea, mate & spices’s highest export potential is Turkey. With an export gap of $4.31M.   Coffee, tea, mate & spices’s highest import potential is Brazil with an import gap of $4.21M.

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