2023
Exports
$1.43MWorld Rnk 100 / 163
Flag Rnk 748 / 1207
2023
PRODUCT COMPLEXITY IN Crustaceans
-1.94Rnk 993 / 1025
2023
Imports
$20.8MWorld Rnk 54 / 216
Flag Rnk 377 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $1.43M in Crustaceans, making it the 100th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 748th most exported product in Bulgaria. The main destination of Crustaceans exports from Bulgaria are: Denmark ($559k), Spain ($192k), Czechia ($190k), Netherlands ($131k), and Italy ($72k).

The fastest growing export markets for Crustaceans of Bulgaria between 2022 and 2023 were Denmark ($221k), Czechia ($190k), and Spain ($140k).

Imports In 2023, Bulgaria imported $20.8M in Crustaceans, becoming the 54th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 377th most imported product in Bulgaria. Bulgaria imports Crustaceans primarily from: Denmark ($9.03M), Canada ($4.14M), Sweden ($1.91M), Netherlands ($1.36M), and Greece ($812k).

The fastest growing import markets in Crustaceans for Bulgaria between 2022 and 2023 were Canada ($1.1M), Sweden ($779k), and Vietnam ($537k).

Latest Trends

Dec 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 Crustaceans. 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)$1.43M
IMPORTS (2023)$20.8M
NET TRADE (2023)-$19.4M

In 2023, Bulgaria exported $1.43M in Crustaceans. The main destinations of Bulgaria exports on Crustaceans were Denmark ($559k), Spain ($192k), Czechia ($190k), Netherlands ($131k), and Italy ($72k).

In 2023, Bulgaria imported $20.8M in Crustaceans, mainly from Denmark ($9.03M), Canada ($4.14M), Sweden ($1.91M), Netherlands ($1.36M), and Greece ($812k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
Denmark$221k (65.2%)
Czechia$190k (25k%)
Spain$140k (268%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY Bulgaria WERE (2022 - 2023):
United States-$580k (-98.8%)
Romania-$84.8k (-99.1%)
Switzerland-$70.5k (-99.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bulgaria's main exporting competitors in Crustaceans were:
Ecuador $6.88B
India $4.56B
Canada $2.96B
In 2023, Bulgaria's main importing competitors in Crustaceans were:

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Trade Value of Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $816k
TOP IMPORT POTENTIALCanada+ $1.11M

Crustaceans’s highest export potential is United States. With an export gap of $816k.   Crustaceans’s highest import potential is Canada with an import gap of $1.11M.

See methodology.

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