2023
Exports
$95.2MWorld Rnk 23 / 184
Flag Rnk 116 / 1207
2023
PRODUCT COMPLEXITY IN Rice
-2.01Rnk 999 / 1025
2023
Imports
$56.4MWorld Rnk 93 / 223
Flag Rnk 189 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $95.2M in Rice, making it the 23rd largest exporter of Rice in the world. At the same year, Rice was the 116th most exported product in Bulgaria. The main destination of Rice exports from Bulgaria are: Romania ($37.4M), Turkey ($32.2M), Spain ($10.6M), Italy ($4.89M), and Albania ($1.56M).

The fastest growing export markets for Rice of Bulgaria between 2022 and 2023 were Turkey ($27.5M), Spain ($10.5M), and Hungary ($403k).

Imports In 2023, Bulgaria imported $56.4M in Rice, becoming the 93rd largest importer of Rice in the world. At the same year, Rice was the 189th most imported product in Bulgaria. Bulgaria imports Rice primarily from: China ($23M), Burma ($14.3M), Greece ($8.46M), Italy ($2.87M), and Vietnam ($2.8M).

The fastest growing import markets in Rice for Bulgaria between 2022 and 2023 were Vietnam ($2.66M), Greece ($2.08M), and India ($965k).

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 Rice. 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)$95.2M
IMPORTS (2023)$56.4M
NET TRADE (2023)$38.7M

In 2023, Bulgaria exported $95.2M in Rice. The main destinations of Bulgaria exports on Rice were Romania ($37.4M), Turkey ($32.2M), Spain ($10.6M), Italy ($4.89M), and Albania ($1.56M).

In 2023, Bulgaria imported $56.4M in Rice, mainly from China ($23M), Burma ($14.3M), Greece ($8.46M), Italy ($2.87M), and Vietnam ($2.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
Turkey$27.5M (588%)
Spain$10.5M (11k%)
Hungary$403k (107%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Bulgaria WERE (2022 - 2023):
Romania-$17.4M (-31.7%)
Italy-$4.91M (-50.1%)
Ukraine-$1.71M (-87.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $3.05M
TOP IMPORT POTENTIALItaly+ $1.33M

Rice’s highest export potential is Turkey. With an export gap of $3.05M.   Rice’s highest import potential is Italy with an import gap of $1.33M.

See methodology.

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