2023
Exports
$47.7MWorld Rnk 30 / 168
Flag Rnk 184 / 1207
2023
PRODUCT COMPLEXITY IN Unpackaged Medicaments
0.55Rnk 344 / 1025
2023
Imports
$101MWorld Rnk 28 / 220
Flag Rnk 110 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $47.7M in Unpackaged Medicaments, making it the 30th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 184th most exported product in Bulgaria. The main destination of Unpackaged Medicaments exports from Bulgaria are: Germany ($8.66M), Saudi Arabia ($7.62M), Austria ($7.46M), Denmark ($6.2M), and United Kingdom ($2.95M).

The fastest growing export markets for Unpackaged Medicaments of Bulgaria between 2022 and 2023 were Saudi Arabia ($3.83M), Denmark ($2.68M), and Netherlands ($2.37M).

Imports In 2023, Bulgaria imported $101M in Unpackaged Medicaments, becoming the 28th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 110th most imported product in Bulgaria. Bulgaria imports Unpackaged Medicaments primarily from: Hungary ($23.8M), Czechia ($16.1M), Romania ($10.5M), Poland ($10.2M), and Germany ($8.37M).

The fastest growing import markets in Unpackaged Medicaments for Bulgaria between 2022 and 2023 were Hungary ($19M), Romania ($9.8M), and Germany ($5.26M).

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 Unpackaged Medicaments. 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)$47.7M
IMPORTS (2023)$101M
NET TRADE (2023)-$53.2M

In 2023, Bulgaria exported $47.7M in Unpackaged Medicaments. The main destinations of Bulgaria exports on Unpackaged Medicaments were Germany ($8.66M), Saudi Arabia ($7.62M), Austria ($7.46M), Denmark ($6.2M), and United Kingdom ($2.95M).

In 2023, Bulgaria imported $101M in Unpackaged Medicaments, mainly from Hungary ($23.8M), Czechia ($16.1M), Romania ($10.5M), Poland ($10.2M), and Germany ($8.37M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
Saudi Arabia$3.83M (101%)
Denmark$2.68M (76.1%)
Netherlands$2.37M (872%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Bulgaria WERE (2022 - 2023):
Romania-$6.44M (-96.2%)
Spain-$3.55M (-77.3%)
Vietnam-$3.27M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.49M
TOP IMPORT POTENTIALIndia+ $1.27M

Unpackaged Medicaments’s highest export potential is Germany. With an export gap of $2.49M.   Unpackaged Medicaments’s highest import potential is India with an import gap of $1.27M.

See methodology.

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