2022
Exports
$1.76MWorld Rnk 53 / 130
Flag Rnk 709 / 1211
2022
PRODUCT COMPLEXITY IN Refractory Cements
0.7Rnk 278 / 1025
2022
Imports
$5.8MWorld Rnk 75 / 214
Flag Rnk 659 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $1.76M in Refractory Cements, making it the 53rd largest exporter of Refractory Cements in the world. At the same year, Refractory Cements was the 709th most exported product in Bulgaria. The main destination of Refractory Cements exports from Bulgaria are: United Arab Emirates ($608k), Azerbaijan ($405k), Italy ($171k), Greece ($159k), and Romania ($122k).

The fastest growing export markets for Refractory Cements of Bulgaria between 2021 and 2022 were United Arab Emirates ($571k), Azerbaijan ($405k), and Italy ($106k).

Imports In 2022, Bulgaria imported $5.8M in Refractory Cements, becoming the 75th largest importer of Refractory Cements in the world. At the same year, Refractory Cements was the 659th most imported product in Bulgaria. Bulgaria imports Refractory Cements primarily from: Greece ($1.44M), Netherlands ($1.2M), Germany ($1.13M), United States ($350k), and Austria ($291k).

The fastest growing import markets in Refractory Cements for Bulgaria between 2021 and 2022 were Germany ($460k), Netherlands ($409k), and United States ($179k).

Latest Trends

Jul 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 Refractory Cements. 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 (2022)$1.76M
IMPORTS (2022)$5.8M
NET TRADE (2022)-$4.05M

In 2022, Bulgaria exported $1.76M in Refractory Cements. The main destinations of Bulgaria exports on Refractory Cements were United Arab Emirates ($608k), Azerbaijan ($405k), Italy ($171k), Greece ($159k), and Romania ($122k).

In 2022, Bulgaria imported $5.8M in Refractory Cements, mainly from Greece ($1.44M), Netherlands ($1.2M), Germany ($1.13M), United States ($350k), and Austria ($291k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refractory Cements EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
United Arab Emirates$571k (1.58k%)
Azerbaijan$405k (1%)
Italy$106k (164%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refractory Cements BY Bulgaria WERE (2021 - 2022):
Croatia-$129k (-100%)
Romania-$90.7k (-42.7%)
Russia-$44.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Refractory Cements were:
In 2022, Bulgaria's main importing competitors in Refractory Cements were:

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Trade Value of Refractory Cements by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $140k
TOP IMPORT POTENTIALGermany+ $226k

Refractory Cements’s highest export potential is Italy. With an export gap of $140k.   Refractory Cements’s highest import potential is Germany with an import gap of $226k.

See methodology.

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