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Exports In 2022, Bulgaria exported $1.73B in Natural gas in gaseous state, making it the 21st largest exporter of Natural gas in gaseous state in the world. At the same year, Natural gas in gaseous state was the 2nd most exported product in Bulgaria. The main destination of Natural gas in gaseous state exports from Bulgaria are: Romania ($1.48B), Greece ($200M), Luxembourg ($43.4M), Serbia ($3.53M), and North Macedonia ($2.54M).

The fastest growing export markets for Natural gas in gaseous state of Bulgaria between 2021 and 2022 were Romania ($1.26B), Greece ($96.4M), and Luxembourg ($31.5M).

Imports In 2022, Bulgaria imported $3.23B in Natural gas in gaseous state, becoming the 19th largest importer of Natural gas in gaseous state in the world. At the same year, Natural gas in gaseous state was the 2nd most imported product in Bulgaria. Bulgaria imports Natural gas in gaseous state primarily from: Greece ($1.27B), Russia ($1.04B), United States ($371M), Turkey ($266M), and Azerbaijan ($263M).

The fastest growing import markets in Natural gas in gaseous state for Bulgaria between 2021 and 2022 were Greece ($1.02B), United States ($371M), and Turkey ($266M).

COMPANIES In 2023, leading companies such as Robert Bosch (13) and Volkswagen (1) were at the forefront of shipping Natural gas in gaseous state from Bulgaria to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.73B
IMPORTS (2022)$3.23B
NET TRADE (2022)-$1.5B

In 2022, Bulgaria exported $1.73B in Natural gas in gaseous state. The main destinations of Bulgaria exports on Natural gas in gaseous state were Romania ($1.48B), Greece ($200M), Luxembourg ($43.4M), Serbia ($3.53M), and North Macedonia ($2.54M).

In 2022, Bulgaria imported $3.23B in Natural gas in gaseous state, mainly from Greece ($1.27B), Russia ($1.04B), United States ($371M), Turkey ($266M), and Azerbaijan ($263M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Natural gas in gaseous state EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Romania$1.26B (562%)
Greece$96.4M (92.8%)
Luxembourg$31.5M (265%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural gas in gaseous state BY Bulgaria WERE (2021 - 2022):
Hungary-$77.3M (-100%)
Italy-$1.28M (-76.4%)
Netherlands-$807k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Natural gas in gaseous state were:
Belgium $53.3B
Russia $41.2B
In 2022, Bulgaria's main importing competitors in Natural gas in gaseous state were:

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Trade Value of Natural gas in gaseous state by Exporters

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