2023
Exports
$2.43MWorld Rnk 49 / 146
Flag Rnk 653 / 1207
2023
PRODUCT COMPLEXITY IN Petroleum Jelly
-0.23Rnk 625 / 1025
2023
Imports
$6.28MWorld Rnk 70 / 209
Flag Rnk 639 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $2.43M in Petroleum Jelly, making it the 49th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 653rd most exported product in Bulgaria. The main destination of Petroleum Jelly exports from Bulgaria are: Romania ($1.21M), Bosnia and Herzegovina ($204k), Greece ($190k), Italy ($160k), and North Macedonia ($108k).

The fastest growing export markets for Petroleum Jelly of Bulgaria between 2022 and 2023 were United Arab Emirates ($62.6k), Cote d'Ivoire ($48.8k), and Turkey ($39.2k).

Imports In 2023, Bulgaria imported $6.28M in Petroleum Jelly, becoming the 70th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 639th most imported product in Bulgaria. Bulgaria imports Petroleum Jelly primarily from: Turkey ($2.15M), China ($1.12M), Hungary ($517k), Iran ($410k), and Greece ($395k).

The fastest growing import markets in Petroleum Jelly for Bulgaria between 2022 and 2023 were United Kingdom ($180k), Hungary ($121k), and Greece ($77.9k).

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 Petroleum Jelly. 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)$2.43M
IMPORTS (2023)$6.28M
NET TRADE (2023)-$3.85M

In 2023, Bulgaria exported $2.43M in Petroleum Jelly. The main destinations of Bulgaria exports on Petroleum Jelly were Romania ($1.21M), Bosnia and Herzegovina ($204k), Greece ($190k), Italy ($160k), and North Macedonia ($108k).

In 2023, Bulgaria imported $6.28M in Petroleum Jelly, mainly from Turkey ($2.15M), China ($1.12M), Hungary ($517k), Iran ($410k), and Greece ($395k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
Cote d'Ivoire$48.8k (1%)
Turkey$39.2k (193%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Bulgaria WERE (2022 - 2023):
Romania-$415k (-25.6%)
Italy-$216k (-57.5%)
Ukraine-$97.3k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bulgaria's main exporting competitors in Petroleum Jelly were:
In 2023, Bulgaria's main importing competitors in Petroleum Jelly were:

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Trade Value of Petroleum Jelly by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $233k
TOP IMPORT POTENTIALChina+ $750k

Petroleum Jelly’s highest export potential is Italy. With an export gap of $233k.   Petroleum Jelly’s highest import potential is China with an import gap of $750k.

See methodology.

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