2022
Exports
$3.04MWorld Rnk 12 / 85
Flag Rnk 613 / 1211
2022
PRODUCT COMPLEXITY IN Hops
0.45Rnk 387 / 1025
2022
Imports
$665kWorld Rnk 74 / 160
Flag Rnk 986 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $3.04M in Hops, making it the 12th largest exporter of Hops in the world. At the same year, Hops was the 613th most exported product in Bulgaria. The main destination of Hops exports from Bulgaria are: Spain ($1.42M), Italy ($698k), Germany ($393k), France ($208k), and Serbia ($77.3k).

The fastest growing export markets for Hops of Bulgaria between 2021 and 2022 were Italy ($304k), France ($46.8k), and Serbia ($23.3k).

Imports In 2022, Bulgaria imported $665k in Hops, becoming the 74th largest importer of Hops in the world. At the same year, Hops was the 986th most imported product in Bulgaria. Bulgaria imports Hops primarily from: Germany ($533k), Czechia ($65.1k), Slovenia ($38.5k), Belgium ($19.8k), and Spain ($4.36k).

The fastest growing import markets in Hops for Bulgaria between 2021 and 2022 were Slovenia ($13.9k), Belgium ($8k), and Netherlands ($3.81k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Hops. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$3.04M
IMPORTS (2022)$665k
NET TRADE (2022)$2.37M

In 2022, Bulgaria exported $3.04M in Hops. The main destinations of Bulgaria exports on Hops were Spain ($1.42M), Italy ($698k), Germany ($393k), France ($208k), and Serbia ($77.3k).

In 2022, Bulgaria imported $665k in Hops, mainly from Germany ($533k), Czechia ($65.1k), Slovenia ($38.5k), Belgium ($19.8k), and Spain ($4.36k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hops EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Italy$304k (77.2%)
France$46.8k (29.1%)
Serbia$23.3k (43.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hops BY Bulgaria WERE (2021 - 2022):
Spain-$686k (-32.5%)
Germany-$168k (-29.9%)
Hungary-$158k (-76.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Bulgaria's main exporting competitors in Hops were:
In 2022, Bulgaria's main importing competitors in Hops were:

Explore Visualizations

Trade Value of Hops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $152k
TOP IMPORT POTENTIALCzechia+ $15.7k

Hops’s highest export potential is Germany. With an export gap of $152k.   Hops’s highest import potential is Czechia with an import gap of $15.7k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with