2023
Exports
$396kWorld Rnk 52 / 91
Flag Rnk 932 / 1207
2023
PRODUCT COMPLEXITY IN Pig Iron
-1.16Rnk 869 / 1025
2023
Imports
$25.1MWorld Rnk 21 / 140
Flag Rnk 342 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $396k in Pig Iron, making it the 52nd largest exporter of Pig Iron in the world. At the same year, Pig Iron was the 932nd most exported product in Bulgaria. The main destination of Pig Iron exports from Bulgaria are: Ireland ($264k), Netherlands ($48.9k), Greece ($27.5k), Germany ($22.1k), and Serbia ($20.8k).

The fastest growing export markets for Pig Iron of Bulgaria between 2022 and 2023 were Netherlands ($21.6k), Austria ($6.37k), and North Macedonia ($2.62k).

Imports In 2023, Bulgaria imported $25.1M in Pig Iron, becoming the 21st largest importer of Pig Iron in the world. At the same year, Pig Iron was the 342nd most imported product in Bulgaria. Bulgaria imports Pig Iron primarily from: Italy ($13.3M), Russia ($8.43M), Ukraine ($2.86M), Turkey ($303k), and Poland ($147k).

The fastest growing import markets in Pig Iron for Bulgaria between 2022 and 2023 were Italy ($11.5M), Russia ($4.64M), and Ukraine ($1.52M).

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 Pig Iron. 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)$396k
IMPORTS (2023)$25.1M
NET TRADE (2023)-$24.7M

In 2023, Bulgaria exported $396k in Pig Iron. The main destinations of Bulgaria exports on Pig Iron were Ireland ($264k), Netherlands ($48.9k), Greece ($27.5k), Germany ($22.1k), and Serbia ($20.8k).

In 2023, Bulgaria imported $25.1M in Pig Iron, mainly from Italy ($13.3M), Russia ($8.43M), Ukraine ($2.86M), Turkey ($303k), and Poland ($147k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pig Iron EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
Netherlands$21.6k (78.9%)
Austria$6.37k (1%)
North Macedonia$2.62k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Iron BY Bulgaria WERE (2022 - 2023):
Spain-$95.1k (-97.6%)
Romania-$49.7k (-100%)
Greece-$43k (-61%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bulgaria's main exporting competitors in Pig Iron were:
Brazil $1.88B
Russia $1.37B
In 2023, Bulgaria's main importing competitors in Pig Iron were:

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Trade Value of Pig Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $45.8k
TOP IMPORT POTENTIALRussia+ $1.07M

Pig Iron’s highest export potential is Spain. With an export gap of $45.8k.   Pig Iron’s highest import potential is Russia with an import gap of $1.07M.

See methodology.

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