2023
Exports
$37.9MWorld Rnk 37 / 153
Flag Rnk 212 / 1207
2023
PRODUCT COMPLEXITY IN Nitrogen Heterocyclic Compounds
1.11Rnk 141 / 1025
2023
Imports
$55.8MWorld Rnk 57 / 208
Flag Rnk 192 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $37.9M in Nitrogen Heterocyclic Compounds, making it the 37th largest exporter of Nitrogen Heterocyclic Compounds in the world. At the same year, Nitrogen Heterocyclic Compounds was the 212th most exported product in Bulgaria. The main destination of Nitrogen Heterocyclic Compounds exports from Bulgaria are: United States ($35.8M), Greece ($459k), Romania ($314k), Canada ($256k), and Belarus ($236k).

The fastest growing export markets for Nitrogen Heterocyclic Compounds of Bulgaria between 2022 and 2023 were United States ($5.24M), Canada ($256k), and China ($177k).

Imports In 2023, Bulgaria imported $55.8M in Nitrogen Heterocyclic Compounds, becoming the 57th largest importer of Nitrogen Heterocyclic Compounds in the world. At the same year, Nitrogen Heterocyclic Compounds was the 192nd most imported product in Bulgaria. Bulgaria imports Nitrogen Heterocyclic Compounds primarily from: India ($21.9M), China ($16.8M), Germany ($6.06M), United Kingdom ($1.91M), and Spain ($1.86M).

The fastest growing import markets in Nitrogen Heterocyclic Compounds for Bulgaria between 2022 and 2023 were Germany ($1.17M), Spain ($514k), and Serbia ($491k).

Latest Trends

Dec 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 Nitrogen Heterocyclic 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 (2023)$37.9M
IMPORTS (2023)$55.8M
NET TRADE (2023)-$17.9M

In 2023, Bulgaria exported $37.9M in Nitrogen Heterocyclic Compounds. The main destinations of Bulgaria exports on Nitrogen Heterocyclic Compounds were United States ($35.8M), Greece ($459k), Romania ($314k), Canada ($256k), and Belarus ($236k).

In 2023, Bulgaria imported $55.8M in Nitrogen Heterocyclic Compounds, mainly from India ($21.9M), China ($16.8M), Germany ($6.06M), United Kingdom ($1.91M), and Spain ($1.86M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nitrogen Heterocyclic Compounds EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
United States$5.24M (17.1%)
Canada$256k (1%)
China$177k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrogen Heterocyclic Compounds BY Bulgaria WERE (2022 - 2023):
India-$944k (-100%)
Malaysia-$636k (-80.3%)
Greece-$250k (-35.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bulgaria's main exporting competitors in Nitrogen Heterocyclic Compounds were:
In 2023, Bulgaria's main importing competitors in Nitrogen Heterocyclic Compounds were:

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Trade Value of Nitrogen Heterocyclic Compounds by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $7.52M
TOP IMPORT POTENTIALChina+ $7.28M

Nitrogen Heterocyclic Compounds’s highest export potential is United States. With an export gap of $7.52M.   Nitrogen Heterocyclic Compounds’s highest import potential is China with an import gap of $7.28M.

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