2022
Exports
$23.7MWorld Rnk 55 / 162
Flag Rnk 73 / 96
2022
PRODUCT COMPLEXITY IN Cermet articles
1.9Rnk 12 / 1025
2022
Imports
$29MWorld Rnk 56 / 203
Flag Rnk 81 / 96
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $23.7M in Cermet articles, making it the 55th largest exporter of Cermet articles in the world. At the same year, Cermet articles was the 73rd most exported product in Bulgaria. The main destination of Cermet articles exports from Bulgaria are: Italy ($5.77M), Austria ($3.98M), Germany ($2.23M), France ($2.09M), and India ($1.42M).

The fastest growing export markets for Cermet articles of Bulgaria between 2021 and 2022 were Italy ($2.33M), France ($908k), and Austria ($826k).

Imports In 2022, Bulgaria imported $29M in Cermet articles, becoming the 56th largest importer of Cermet articles in the world. At the same year, Cermet articles was the 81st most imported product in Bulgaria. Bulgaria imports Cermet articles primarily from: China ($14.3M), Austria ($8.01M), Germany ($1.91M), Italy ($1.74M), and France ($540k).

The fastest growing import markets in Cermet articles for Bulgaria between 2021 and 2022 were China ($7.75M), Italy ($1.07M), and South Korea ($279k).

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 Cermet articles. 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)$23.7M
IMPORTS (2022)$29M
NET TRADE (2022)-$5.27M

In 2022, Bulgaria exported $23.7M in Cermet articles. The main destinations of Bulgaria exports on Cermet articles were Italy ($5.77M), Austria ($3.98M), Germany ($2.23M), France ($2.09M), and India ($1.42M).

In 2022, Bulgaria imported $29M in Cermet articles, mainly from China ($14.3M), Austria ($8.01M), Germany ($1.91M), Italy ($1.74M), and France ($540k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cermet articles EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Italy$2.33M (67.8%)
France$908k (76.6%)
Austria$826k (26.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cermet articles BY Bulgaria WERE (2021 - 2022):
Japan-$429k (-66.1%)
Turkey-$204k (-68.6%)
Netherlands-$118k (-70.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Cermet articles were:
In 2022, Bulgaria's main importing competitors in Cermet articles were:

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Trade Value of Cermet articles by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $1.19M
TOP IMPORT POTENTIALChina+ $480k

Cermet articles’s highest export potential is Germany. With an export gap of $1.19M.   Cermet articles’s highest import potential is China with an import gap of $480k.

See methodology.

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