2022
Exports
$533MWorld Rnk 4 / 118
Flag Rnk 15 / 1211
2022
PRODUCT COMPLEXITY IN Explosive Ammunition
0.21Rnk 484 / 1025
2022
Imports
$14.6MWorld Rnk 54 / 195
Flag Rnk 449 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $533M in Explosive Ammunition, making it the 4th largest exporter of Explosive Ammunition in the world. At the same year, Explosive Ammunition was the 15th most exported product in Bulgaria. The main destination of Explosive Ammunition exports from Bulgaria are: Poland ($487M), Kenya ($13.4M), United States ($10M), Nigeria ($8.7M), and Estonia ($6.07M).

The fastest growing export markets for Explosive Ammunition of Bulgaria between 2021 and 2022 were Poland ($474M), Kenya ($13.4M), and United States ($6.93M).

Imports In 2022, Bulgaria imported $14.6M in Explosive Ammunition, becoming the 54th largest importer of Explosive Ammunition in the world. At the same year, Explosive Ammunition was the 449th most imported product in Bulgaria. Bulgaria imports Explosive Ammunition primarily from: Croatia ($3.27M), Serbia ($3.07M), Turkey ($2.37M), Germany ($1.38M), and Italy ($919k).

The fastest growing import markets in Explosive Ammunition for Bulgaria between 2021 and 2022 were Croatia ($3.27M), Serbia ($2.98M), and Germany ($507k).

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 Explosive Ammunition. 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)$533M
IMPORTS (2022)$14.6M
NET TRADE (2022)$519M

In 2022, Bulgaria exported $533M in Explosive Ammunition. The main destinations of Bulgaria exports on Explosive Ammunition were Poland ($487M), Kenya ($13.4M), United States ($10M), Nigeria ($8.7M), and Estonia ($6.07M).

In 2022, Bulgaria imported $14.6M in Explosive Ammunition, mainly from Croatia ($3.27M), Serbia ($3.07M), Turkey ($2.37M), Germany ($1.38M), and Italy ($919k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Explosive Ammunition EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Poland$474M (3.75k%)
Kenya$13.4M (1%)
United States$6.93M (224%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Explosive Ammunition BY Bulgaria WERE (2021 - 2022):
Philippines-$17.9M (-96.7%)
Turkey-$1.99M (-100%)
Serbia-$1.56M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Explosive Ammunition were:
In 2022, Bulgaria's main importing competitors in Explosive Ammunition were:

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Trade Value of Explosive Ammunition by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.14M
TOP IMPORT POTENTIALTurkey+ $689k

Explosive Ammunition’s highest export potential is United States. With an export gap of $9.14M.   Explosive Ammunition’s highest import potential is Turkey with an import gap of $689k.

See methodology.

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