2022
Exports
$373MWorld Rnk 35 / 226
Flag Rnk 22 / 1211
2022
PRODUCT COMPLEXITY IN Integrated Circuits
1.48Rnk 56 / 1025
2022
Imports
$487MWorld Rnk 41 / 225
Flag Rnk 13 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $373M in Integrated Circuits, making it the 35th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 22nd most exported product in Bulgaria. The main destination of Integrated Circuits exports from Bulgaria are: Hong Kong ($64.1M), China ($33.5M), United States ($33.5M), Japan ($30.1M), and Germany ($26M).

The fastest growing export markets for Integrated Circuits of Bulgaria between 2021 and 2022 were Japan ($12.6M), Vietnam ($11.3M), and South Korea ($9.41M).

Imports In 2022, Bulgaria imported $487M in Integrated Circuits, becoming the 41st largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 13th most imported product in Bulgaria. Bulgaria imports Integrated Circuits primarily from: Germany ($143M), Philippines ($77.6M), Malaysia ($49.9M), Chinese Taipei ($32M), and United States ($27.4M).

The fastest growing import markets in Integrated Circuits for Bulgaria between 2021 and 2022 were Germany ($42.4M), Philippines ($23.9M), and Hong Kong ($12.3M).

Latest Trends

Nov 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 Integrated Circuits. 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)$373M
IMPORTS (2022)$487M
NET TRADE (2022)-$114M

In 2022, Bulgaria exported $373M in Integrated Circuits. The main destinations of Bulgaria exports on Integrated Circuits were Hong Kong ($64.1M), China ($33.5M), United States ($33.5M), Japan ($30.1M), and Germany ($26M).

In 2022, Bulgaria imported $487M in Integrated Circuits, mainly from Germany ($143M), Philippines ($77.6M), Malaysia ($49.9M), Chinese Taipei ($32M), and United States ($27.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Japan$12.6M (71.9%)
Vietnam$11.3M (26.4k%)
South Korea$9.41M (768%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Bulgaria WERE (2021 - 2022):
Germany-$27.2M (-51.1%)
Chinese Taipei-$13M (-89.2%)
Italy-$4.13M (-27.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Integrated Circuits were:
In 2022, Bulgaria's main importing competitors in Integrated Circuits were:

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Trade Value of Integrated Circuits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $47.6M
TOP IMPORT POTENTIALMalaysia+ $27.1M

Integrated Circuits’s highest export potential is China. With an export gap of $47.6M.   Integrated Circuits’s highest import potential is Malaysia with an import gap of $27.1M.

See methodology.

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