2023
Exports
$30.3MWorld Rnk 23 / 190
Flag Rnk 245 / 1207
2023
PRODUCT COMPLEXITY IN Packing Bags
-1.73Rnk 976 / 1025
2023
Imports
$21.8MWorld Rnk 49 / 222
Flag Rnk 366 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $30.3M in Packing Bags, making it the 23rd largest exporter of Packing Bags in the world. At the same year, Packing Bags was the 245th most exported product in Bulgaria. The main destination of Packing Bags exports from Bulgaria are: Netherlands ($10.6M), Belgium ($5.7M), Serbia ($2.78M), France ($2.08M), and United Kingdom ($1.38M).

The fastest growing export markets for Packing Bags of Bulgaria between 2022 and 2023 were Latvia ($487k), Greece ($398k), and Serbia ($351k).

Imports In 2023, Bulgaria imported $21.8M in Packing Bags, becoming the 49th largest importer of Packing Bags in the world. At the same year, Packing Bags was the 366th most imported product in Bulgaria. Bulgaria imports Packing Bags primarily from: Turkey ($7.63M), India ($3.61M), Romania ($2.34M), Ukraine ($2.29M), and Georgia ($1.74M).

The fastest growing import markets in Packing Bags for Bulgaria between 2022 and 2023 were Georgia ($818k), Ukraine ($673k), and Portugal ($490k).

Latest Trends

Jan 2025

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 Packing Bags. 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)$30.3M
IMPORTS (2023)$21.8M
NET TRADE (2023)$8.47M

In 2023, Bulgaria exported $30.3M in Packing Bags. The main destinations of Bulgaria exports on Packing Bags were Netherlands ($10.6M), Belgium ($5.7M), Serbia ($2.78M), France ($2.08M), and United Kingdom ($1.38M).

In 2023, Bulgaria imported $21.8M in Packing Bags, mainly from Turkey ($7.63M), India ($3.61M), Romania ($2.34M), Ukraine ($2.29M), and Georgia ($1.74M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Packing Bags EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
Latvia$487k (1.1k%)
Greece$398k (88.9%)
Serbia$351k (14.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packing Bags BY Bulgaria WERE (2022 - 2023):
Netherlands-$2.74M (-20.5%)
France-$1.15M (-35.6%)
Sweden-$887k (-58.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bulgaria's main exporting competitors in Packing Bags were:
China $1.42B
India $1.14B
In 2023, Bulgaria's main importing competitors in Packing Bags were:

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Trade Value of Packing Bags by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.05M
TOP IMPORT POTENTIALIndia+ $1.63M

Packing Bags’s highest export potential is Germany. With an export gap of $1.05M.   Packing Bags’s highest import potential is India with an import gap of $1.63M.

See methodology.

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