2023
Exports
$11.1MWorld Rnk 45 / 190
Flag Rnk 393 / 1207
2023
PRODUCT COMPLEXITY IN Special Pharmaceuticals
0.53Rnk 356 / 1025
2023
Imports
$23.9MWorld Rnk 73 / 220
Flag Rnk 353 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $11.1M in Special Pharmaceuticals, making it the 45th largest exporter of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 393rd most exported product in Bulgaria. The main destination of Special Pharmaceuticals exports from Bulgaria are: Russia ($3.15M), France ($2.07M), United Arab Emirates ($1.21M), Iraq ($1.18M), and Netherlands ($376k).

The fastest growing export markets for Special Pharmaceuticals of Bulgaria between 2022 and 2023 were Iraq ($824k), United Arab Emirates ($456k), and Ukraine ($300k).

Imports In 2023, Bulgaria imported $23.9M in Special Pharmaceuticals, becoming the 73rd largest importer of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 353rd most imported product in Bulgaria. Bulgaria imports Special Pharmaceuticals primarily from: Germany ($3.79M), Ireland ($3.65M), Belgium ($2.35M), Hungary ($1.99M), and Netherlands ($1.98M).

The fastest growing import markets in Special Pharmaceuticals for Bulgaria between 2022 and 2023 were Germany ($1.1M), Italy ($573k), and Belgium ($353k).

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 Special Pharmaceuticals. 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)$11.1M
IMPORTS (2023)$23.9M
NET TRADE (2023)-$12.8M

In 2023, Bulgaria exported $11.1M in Special Pharmaceuticals. The main destinations of Bulgaria exports on Special Pharmaceuticals were Russia ($3.15M), France ($2.07M), United Arab Emirates ($1.21M), Iraq ($1.18M), and Netherlands ($376k).

In 2023, Bulgaria imported $23.9M in Special Pharmaceuticals, mainly from Germany ($3.79M), Ireland ($3.65M), Belgium ($2.35M), Hungary ($1.99M), and Netherlands ($1.98M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Special Pharmaceuticals EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
Iraq$824k (230%)
Ukraine$300k (7.78k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Pharmaceuticals BY Bulgaria WERE (2022 - 2023):
Russia-$3.43M (-52.1%)
Israel-$927k (-100%)
Greece-$253k (-48.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Special Pharmaceuticals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.4M
TOP IMPORT POTENTIALGermany+ $2.04M

Special Pharmaceuticals’s highest export potential is France. With an export gap of $1.4M.   Special Pharmaceuticals’s highest import potential is Germany with an import gap of $2.04M.

See methodology.

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