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Exports In 2022, Bulgaria exported $1.52M in Nitric Acids, making it the 30th largest exporter of Nitric Acids in the world. At the same year, Nitric Acids was the 727th most exported product in Bulgaria. The main destination of Nitric Acids exports from Bulgaria are: Romania ($813k), Greece ($408k), Moldova ($102k), North Macedonia ($69.9k), and Bosnia and Herzegovina ($48.7k).

The fastest growing export markets for Nitric Acids of Bulgaria between 2021 and 2022 were Romania ($416k), Greece ($120k), and Bosnia and Herzegovina ($48.7k).

Imports In 2022, Bulgaria imported $659k in Nitric Acids, becoming the 71st largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 987th most imported product in Bulgaria. Bulgaria imports Nitric Acids primarily from: Cyprus ($303k), Poland ($188k), Germany ($80.9k), Hungary ($48.3k), and Belgium ($17.9k).

The fastest growing import markets in Nitric Acids for Bulgaria between 2021 and 2022 were Poland ($187k), Hungary ($48.3k), and Germany ($21.9k).

Latest Trends

Oct 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 Nitric Acids. 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)$1.52M
IMPORTS (2022)$659k
NET TRADE (2022)$863k

In 2022, Bulgaria exported $1.52M in Nitric Acids. The main destinations of Bulgaria exports on Nitric Acids were Romania ($813k), Greece ($408k), Moldova ($102k), North Macedonia ($69.9k), and Bosnia and Herzegovina ($48.7k).

In 2022, Bulgaria imported $659k in Nitric Acids, mainly from Cyprus ($303k), Poland ($188k), Germany ($80.9k), Hungary ($48.3k), and Belgium ($17.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitric Acids EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Romania$416k (105%)
Greece$120k (41.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitric Acids BY Bulgaria WERE (2021 - 2022):
Serbia-$8.15k (-100%)
Iraq-$1.21k (-100%)
Switzerland-$51 (-31.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Nitric Acids were:
In 2022, Bulgaria's main importing competitors in Nitric Acids were:
Germany $83.3M
France $64.3M
Japan $47.6M

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Trade Value of Nitric Acids by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALFrance+ $13.9k
TOP IMPORT POTENTIALGermany+ $29.6k

Nitric Acids’s highest export potential is France. With an export gap of $13.9k.   Nitric Acids’s highest import potential is Germany with an import gap of $29.6k.

See methodology.

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