2023
Exports
$104MWorld Rnk 19 / 79
Flag Rnk 104 / 1207
2023
PRODUCT COMPLEXITY IN Rapeseed
-0.22Rnk 622 / 1025
2023
Imports
$49.5MWorld Rnk 26 / 125
Flag Rnk 211 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $104M in Rapeseed, making it the 19th largest exporter of Rapeseed in the world. At the same year, Rapeseed was the 104th most exported product in Bulgaria. The main destination of Rapeseed exports from Bulgaria are: Germany ($31.7M), Netherlands ($28.5M), Romania ($13.8M), Belgium ($12.2M), and United Kingdom ($11.8M).

The fastest growing export markets for Rapeseed of Bulgaria between 2022 and 2023 were Romania ($12.8M), United Kingdom ($11.8M), and Latvia ($2.26M).

Imports In 2023, Bulgaria imported $49.5M in Rapeseed, becoming the 26th largest importer of Rapeseed in the world. At the same year, Rapeseed was the 211th most imported product in Bulgaria. Bulgaria imports Rapeseed primarily from: Moldova ($22.4M), Ukraine ($16.9M), Romania ($4.46M), France ($4.11M), and United Arab Emirates ($672k).

The fastest growing import markets in Rapeseed for Bulgaria between 2022 and 2023 were Moldova ($20.4M), France ($1.37M), and United Arab Emirates ($672k).

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 Rapeseed. 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)$104M
IMPORTS (2023)$49.5M
NET TRADE (2023)$54.6M

In 2023, Bulgaria exported $104M in Rapeseed. The main destinations of Bulgaria exports on Rapeseed were Germany ($31.7M), Netherlands ($28.5M), Romania ($13.8M), Belgium ($12.2M), and United Kingdom ($11.8M).

In 2023, Bulgaria imported $49.5M in Rapeseed, mainly from Moldova ($22.4M), Ukraine ($16.9M), Romania ($4.46M), France ($4.11M), and United Arab Emirates ($672k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rapeseed EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
Romania$12.8M (1.29k%)
United Kingdom$11.8M (1%)
Latvia$2.26M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed BY Bulgaria WERE (2022 - 2023):
Germany-$82.1M (-72.2%)
Belgium-$26.8M (-68.8%)
Spain-$17.2M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bulgaria's main exporting competitors in Rapeseed were:
In 2023, Bulgaria's main importing competitors in Rapeseed were:
Germany $3.36B
China $3.27B
Japan $1.29B

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Trade Value of Rapeseed by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $5.66M
TOP IMPORT POTENTIALRomania+ $2.44M

Rapeseed’s highest export potential is France. With an export gap of $5.66M.   Rapeseed’s highest import potential is Romania with an import gap of $2.44M.

See methodology.

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