2022
Exports
$36.7MWorld Rnk 55 / 203
Flag Rnk 229 / 1211
2022
PRODUCT COMPLEXITY IN Hard Liquor
-0.52Rnk 708 / 1025
2022
Imports
$148MWorld Rnk 45 / 224
Flag Rnk 81 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $36.7M in Hard Liquor, making it the 55th largest exporter of Hard Liquor in the world. At the same year, Hard Liquor was the 229th most exported product in Bulgaria. The main destination of Hard Liquor exports from Bulgaria are: Romania ($8.54M), North Macedonia ($3.37M), Poland ($3.33M), Italy ($2.64M), and Morocco ($2.27M).

The fastest growing export markets for Hard Liquor of Bulgaria between 2021 and 2022 were North Macedonia ($1.85M), Latvia ($1.03M), and Turkey ($849k).

Imports In 2022, Bulgaria imported $148M in Hard Liquor, becoming the 45th largest importer of Hard Liquor in the world. At the same year, Hard Liquor was the 81st most imported product in Bulgaria. Bulgaria imports Hard Liquor primarily from: United Kingdom ($27.6M), Romania ($25.5M), Ireland ($16.2M), Germany ($12.1M), and Netherlands ($11.7M).

The fastest growing import markets in Hard Liquor for Bulgaria between 2021 and 2022 were Romania ($20.3M), Ireland ($3.43M), and Germany ($2.72M).

Latest Trends

Jul 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 Hard Liquor. 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)$36.7M
IMPORTS (2022)$148M
NET TRADE (2022)-$112M

In 2022, Bulgaria exported $36.7M in Hard Liquor. The main destinations of Bulgaria exports on Hard Liquor were Romania ($8.54M), North Macedonia ($3.37M), Poland ($3.33M), Italy ($2.64M), and Morocco ($2.27M).

In 2022, Bulgaria imported $148M in Hard Liquor, mainly from United Kingdom ($27.6M), Romania ($25.5M), Ireland ($16.2M), Germany ($12.1M), and Netherlands ($11.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hard Liquor EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
North Macedonia$1.85M (121%)
Latvia$1.03M (476%)
Turkey$849k (198%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hard Liquor BY Bulgaria WERE (2021 - 2022):
Romania-$3.5M (-29.1%)
Italy-$1.3M (-33%)
Malta-$414k (-91%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Hard Liquor were:
In 2022, Bulgaria's main importing competitors in Hard Liquor were:

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Trade Value of Hard Liquor by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $1.69M
TOP IMPORT POTENTIALUnited Kingdom+ $5.28M

Hard Liquor’s highest export potential is Italy. With an export gap of $1.69M.   Hard Liquor’s highest import potential is United Kingdom with an import gap of $5.28M.

See methodology.

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