2022
Exports
$36.3kWorld Rnk 60 / 95
Flag Rnk 1104 / 1211
2022
PRODUCT COMPLEXITY IN Nitrile Compounds
1.07Rnk 146 / 1025
2022
Imports
$526kWorld Rnk 82 / 178
Flag Rnk 1010 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $36.3k in Nitrile Compounds, making it the 60th largest exporter of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 1104th most exported product in Bulgaria. The main destination of Nitrile Compounds exports from Bulgaria are: Russia ($13.2k), Netherlands ($8.93k), North Macedonia ($8.06k), Armenia ($5.52k), and Turkey ($546).

The fastest growing export markets for Nitrile Compounds of Bulgaria between 2021 and 2022 were Russia ($13.2k), North Macedonia ($8.06k), and Armenia ($4.66k).

Imports In 2022, Bulgaria imported $526k in Nitrile Compounds, becoming the 82nd largest importer of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 1010th most imported product in Bulgaria. Bulgaria imports Nitrile Compounds primarily from: Germany ($191k), China ($121k), Netherlands ($68.6k), Austria ($36.7k), and India ($35.7k).

The fastest growing import markets in Nitrile Compounds for Bulgaria between 2021 and 2022 were Austria ($17.7k), India ($15.6k), and Germany ($7.76k).

Latest Trends

Jul 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 Nitrile Compounds. 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)$36.3k
IMPORTS (2022)$526k
NET TRADE (2022)-$489k

In 2022, Bulgaria exported $36.3k in Nitrile Compounds. The main destinations of Bulgaria exports on Nitrile Compounds were Russia ($13.2k), Netherlands ($8.93k), North Macedonia ($8.06k), Armenia ($5.52k), and Turkey ($546).

In 2022, Bulgaria imported $526k in Nitrile Compounds, mainly from Germany ($191k), China ($121k), Netherlands ($68.6k), Austria ($36.7k), and India ($35.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrile Compounds EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Russia$13.2k (1%)
North Macedonia$8.06k (1%)
Armenia$4.66k (545%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrile Compounds BY Bulgaria WERE (2021 - 2022):
Netherlands-$21.5k (-70.7%)
Egypt-$9.22k (-100%)
Hungary-$1.82k (-99.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Nitrile Compounds were:
In 2022, Bulgaria's main importing competitors in Nitrile Compounds were:

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Trade Value of Nitrile Compounds by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALNetherlands+ $12.1k
TOP IMPORT POTENTIALGermany+ $88.8k

Nitrile Compounds’s highest export potential is Netherlands. With an export gap of $12.1k.   Nitrile Compounds’s highest import potential is Germany with an import gap of $88.8k.

See methodology.

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