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2022
Exports $279MWorld Rnk 30 / 110
Flag Rnk 38 / 1211
2022
Destination $17.7M China
2021 - 2022
FASTEST GROWING MARKET $17.7MGermany
2022
PRODUCT COMPLEXITY IN Copper Ore-1.94Rnk 995 / 1025
2022
Imports $2.3BWorld Rnk 5 / 117
Flag Rnk 3 / 1209
2022
Origin $219M Georgia
2021 - 2022
FASTEST GROWING ORIGIN $219MIndonesia
2022
ECONOMIC COMPLEXITY of Bulgaria0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $279M in Copper Ore, making it the 30th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 38th most exported product in Bulgaria. The main destination of Copper Ore exports from Bulgaria are: China ($165M), Namibia ($84.9M), Germany ($17.7M), Turkey ($8.42M), and Chinese Taipei ($2.76M).

The fastest growing export markets for Copper Ore of Bulgaria between 2021 and 2022 were Germany ($17.7M), China ($13.3M), and Turkey ($8.42M).

Imports In 2022, Bulgaria imported $2.3B in Copper Ore, becoming the 5th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 3rd most imported product in Bulgaria. Bulgaria imports Copper Ore primarily from: Georgia ($412M), Turkey ($305M), Brazil ($267M), Indonesia ($219M), and Armenia ($206M).

The fastest growing import markets in Copper Ore for Bulgaria between 2021 and 2022 were Indonesia ($219M), Serbia ($131M), and Georgia ($125M).

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 Ore. 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)$279M
IMPORTS (2022)$2.3B
NET TRADE (2022)-$2.02B

In 2022, Bulgaria exported $279M in Copper Ore. The main destinations of Bulgaria exports on Copper Ore were China ($165M), Namibia ($84.9M), Germany ($17.7M), Turkey ($8.42M), and Chinese Taipei ($2.76M).

In 2022, Bulgaria imported $2.3B in Copper Ore, mainly from Georgia ($412M), Turkey ($305M), Brazil ($267M), Indonesia ($219M), and Armenia ($206M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Germany$17.7M (1%)
China$13.3M (8.77%)
Turkey$8.42M (21M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Bulgaria WERE (2021 - 2022):
Serbia-$105M (-100%)
Namibia-$40.6M (-32.4%)
Chile-$1.62k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Copper Ore were:
Chile $22.8B
Peru $13.5B
Indonesia $8.89B
In 2022, Bulgaria's main importing competitors in Copper Ore were:
China $50.5B
Japan $12.4B
South Korea $6.27B

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $63.3M
TOP IMPORT POTENTIALSerbia+ $15.4M

Copper Ore’s highest export potential is China. With an export gap of $63.3M.   Copper Ore’s highest import potential is Serbia with an import gap of $15.4M.

See methodology.

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