2023
Exports
$499MWorld Rnk 52 / 207
Flag Rnk 25 / 96
2023
PRODUCT COMPLEXITY IN Inorganic chemicals
1.54Rnk 38 / 1025
2023
Imports
$319MWorld Rnk 64 / 226
Flag Rnk 37 / 96
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $499M in Inorganic chemicals, making it the 52nd largest exporter of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 25th most exported product in Bulgaria. The main destination of Inorganic chemicals exports from Bulgaria are: Turkey ($87.4M), Egypt ($42.1M), Serbia ($38.9M), Romania ($28.1M), and India ($27.9M).

The fastest growing export markets for Inorganic chemicals of Bulgaria between 2022 and 2023 were Ukraine ($12M), Bangladesh ($10.4M), and Nigeria ($7.24M).

Imports In 2023, Bulgaria imported $319M in Inorganic chemicals, becoming the 64th largest importer of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 37th most imported product in Bulgaria. Bulgaria imports Inorganic chemicals primarily from: Qatar ($63.9M), Egypt ($34M), Estonia ($29.2M), Algeria ($28.3M), and Romania ($16.7M).

The fastest growing import markets in Inorganic chemicals for Bulgaria between 2022 and 2023 were Estonia ($29.2M), Qatar ($9.52M), and Poland ($4.15M).

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 Inorganic chemicals. 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)$499M
IMPORTS (2023)$319M
NET TRADE (2023)$180M

In 2023, Bulgaria exported $499M in Inorganic chemicals. The main destinations of Bulgaria exports on Inorganic chemicals were Turkey ($87.4M), Egypt ($42.1M), Serbia ($38.9M), Romania ($28.1M), and India ($27.9M).

In 2023, Bulgaria imported $319M in Inorganic chemicals, mainly from Qatar ($63.9M), Egypt ($34M), Estonia ($29.2M), Algeria ($28.3M), and Romania ($16.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Inorganic chemicals EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
Ukraine$12M (107%)
Bangladesh$10.4M (228%)
Nigeria$7.24M (142%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic chemicals BY Bulgaria WERE (2022 - 2023):
Serbia-$62.2M (-61.5%)
Turkey-$34.6M (-28.4%)
Saudi Arabia-$12.5M (-46.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bulgaria's main exporting competitors in Inorganic chemicals were:
In 2023, Bulgaria's main importing competitors in Inorganic chemicals were:

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Trade Value of Inorganic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $13.7M
TOP IMPORT POTENTIALChina+ $6.3M

Inorganic chemicals’s highest export potential is China. With an export gap of $13.7M.   Inorganic chemicals’s highest import potential is China with an import gap of $6.3M.

See methodology.

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