2022
Exports
$5.03MWorld Rnk 64 / 124
Flag Rnk 532 / 1211
2022
PRODUCT COMPLEXITY IN Soybean Meal
-1.24Rnk 894 / 1025
2022
Imports
$60.3MWorld Rnk 74 / 174
Flag Rnk 173 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $5.03M in Soybean Meal, making it the 64th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 532nd most exported product in Bulgaria. The main destination of Soybean Meal exports from Bulgaria are: France ($4.85M), Greece ($80.9k), Romania ($37.9k), Netherlands ($34.1k), and Israel ($16.8k).

The fastest growing export markets for Soybean Meal of Bulgaria between 2021 and 2022 were France ($4.85M), Netherlands ($33.2k), and Israel ($16.8k).

Imports In 2022, Bulgaria imported $60.3M in Soybean Meal, becoming the 74th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 173rd most imported product in Bulgaria. Bulgaria imports Soybean Meal primarily from: Romania ($47.4M), Greece ($12M), China ($494k), India ($188k), and Ukraine ($66.5k).

The fastest growing import markets in Soybean Meal for Bulgaria between 2021 and 2022 were Romania ($9.3M), China ($74.1k), and India ($44.5k).

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 Soybean Meal. 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)$5.03M
IMPORTS (2022)$60.3M
NET TRADE (2022)-$55.2M

In 2022, Bulgaria exported $5.03M in Soybean Meal. The main destinations of Bulgaria exports on Soybean Meal were France ($4.85M), Greece ($80.9k), Romania ($37.9k), Netherlands ($34.1k), and Israel ($16.8k).

In 2022, Bulgaria imported $60.3M in Soybean Meal, mainly from Romania ($47.4M), Greece ($12M), China ($494k), India ($188k), and Ukraine ($66.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
France$4.85M (1%)
Netherlands$33.2k (3.62k%)
Israel$16.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Bulgaria WERE (2021 - 2022):
Greece-$186k (-69.7%)
Serbia-$167k (-100%)
Romania-$122k (-76.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Soybean Meal were:
In 2022, Bulgaria's main importing competitors in Soybean Meal were:

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Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGreece+ $192k
TOP IMPORT POTENTIALChina+ $494k

Soybean Meal’s highest export potential is Greece. With an export gap of $192k.   Soybean Meal’s highest import potential is China with an import gap of $494k.

See methodology.

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