2022
Exports
$308MWorld Rnk 7 / 133
Flag Rnk 33 / 1211
2022
PRODUCT COMPLEXITY IN Copper Bars
0.25Rnk 470 / 1025
2022
Imports
$38.2MWorld Rnk 35 / 205
Flag Rnk 257 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $308M in Copper Bars, making it the 7th largest exporter of Copper Bars in the world. At the same year, Copper Bars was the 33rd most exported product in Bulgaria. The main destination of Copper Bars exports from Bulgaria are: Germany ($77M), Poland ($62.1M), United Kingdom ($30.8M), Spain ($30.3M), and Italy ($16.8M).

The fastest growing export markets for Copper Bars of Bulgaria between 2021 and 2022 were Germany ($13.9M), Denmark ($8.82M), and Spain ($7.81M).

Imports In 2022, Bulgaria imported $38.2M in Copper Bars, becoming the 35th largest importer of Copper Bars in the world. At the same year, Copper Bars was the 257th most imported product in Bulgaria. Bulgaria imports Copper Bars primarily from: Turkey ($30.6M), Italy ($3.44M), Spain ($1.13M), Germany ($844k), and Romania ($423k).

The fastest growing import markets in Copper Bars for Bulgaria between 2021 and 2022 were Spain ($395k), Russia ($214k), and Germany ($203k).

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 Copper Bars. 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)$308M
IMPORTS (2022)$38.2M
NET TRADE (2022)$270M

In 2022, Bulgaria exported $308M in Copper Bars. The main destinations of Bulgaria exports on Copper Bars were Germany ($77M), Poland ($62.1M), United Kingdom ($30.8M), Spain ($30.3M), and Italy ($16.8M).

In 2022, Bulgaria imported $38.2M in Copper Bars, mainly from Turkey ($30.6M), Italy ($3.44M), Spain ($1.13M), Germany ($844k), and Romania ($423k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Bars EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Germany$13.9M (22.1%)
Denmark$8.82M (306%)
Spain$7.81M (34.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Bars BY Bulgaria WERE (2021 - 2022):
United Kingdom-$9.27M (-23.2%)
Greece-$3.7M (-58.2%)
Turkey-$3.23M (-34.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Copper Bars were:
Germany $1.22B
Italy $700M
In 2022, Bulgaria's main importing competitors in Copper Bars were:

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Trade Value of Copper Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.21M
TOP IMPORT POTENTIALItaly+ $1.44M

Copper Bars’s highest export potential is United States. With an export gap of $6.21M.   Copper Bars’s highest import potential is Italy with an import gap of $1.44M.

See methodology.

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