2023
Exports
$442MWorld Rnk 38 / 175
Flag Rnk 27 / 96
2023
PRODUCT COMPLEXITY IN Fertilizers
-0.92Rnk 808 / 1025
2023
Imports
$384MWorld Rnk 50 / 221
Flag Rnk 28 / 96
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $442M in Fertilizers, making it the 38th largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 27th most exported product in Bulgaria. The main destination of Fertilizers exports from Bulgaria are: Romania ($198M), Ukraine ($178M), Moldova ($13.8M), Serbia ($8.92M), and Greece ($7.55M).

The fastest growing export markets for Fertilizers of Bulgaria between 2022 and 2023 were Ukraine ($158M), Moldova ($11.7M), and Greece ($1.55M).

Imports In 2023, Bulgaria imported $384M in Fertilizers, becoming the 50th largest importer of Fertilizers in the world. At the same year, Fertilizers was the 28th most imported product in Bulgaria. Bulgaria imports Fertilizers primarily from: Russia ($57.7M), Greece ($53.4M), Egypt ($45.9M), Georgia ($27.5M), and Israel ($25M).

The fastest growing import markets in Fertilizers for Bulgaria between 2022 and 2023 were Israel ($22.5M), Lebanon ($2.31M), and Morocco ($1.71M).

Latest Trends

Jan 2025

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 Fertilizers. 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)$442M
IMPORTS (2023)$384M
NET TRADE (2023)$58.4M

In 2023, Bulgaria exported $442M in Fertilizers. The main destinations of Bulgaria exports on Fertilizers were Romania ($198M), Ukraine ($178M), Moldova ($13.8M), Serbia ($8.92M), and Greece ($7.55M).

In 2023, Bulgaria imported $384M in Fertilizers, mainly from Russia ($57.7M), Greece ($53.4M), Egypt ($45.9M), Georgia ($27.5M), and Israel ($25M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
Ukraine$158M (761%)
Moldova$11.7M (544%)
Greece$1.55M (25.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Bulgaria WERE (2022 - 2023):
Brazil-$84M (-100%)
India-$65.6M (-99.9%)
Bangladesh-$65.6M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bulgaria's main exporting competitors in Fertilizers were:
Russia $15.3B
China $10.9B
Canada $10.4B
In 2023, Bulgaria's main importing competitors in Fertilizers were:

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Trade Value of Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $27.9M
TOP IMPORT POTENTIALRussia+ $44.3M

Fertilizers’s highest export potential is India. With an export gap of $27.9M.   Fertilizers’s highest import potential is Russia with an import gap of $44.3M.

See methodology.

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