2022
Exports
$523MWorld Rnk 54 / 210
Flag Rnk 24 / 96
2022
PRODUCT COMPLEXITY IN Inorganic chemicals
1.72Rnk 21 / 1025
2022
Imports
$381MWorld Rnk 61 / 225
Flag Rnk 28 / 96
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $523M in Inorganic chemicals, making it the 54th largest exporter of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 24th most exported product in Bulgaria. The main destination of Inorganic chemicals exports from Bulgaria are: Turkey ($107M), Serbia ($98.6M), Egypt ($34.9M), Romania ($26.6M), and Algeria ($26.3M).

The fastest growing export markets for Inorganic chemicals of Bulgaria between 2021 and 2022 were Serbia ($61.5M), Turkey ($26.4M), and Algeria ($11.5M).

Imports In 2022, Bulgaria imported $381M in Inorganic chemicals, becoming the 61st largest importer of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 28th most imported product in Bulgaria. Bulgaria imports Inorganic chemicals primarily from: Qatar ($47.7M), Algeria ($41.5M), Egypt ($40.3M), Ukraine ($37.1M), and Romania ($35.4M).

The fastest growing import markets in Inorganic chemicals for Bulgaria between 2021 and 2022 were Qatar ($47.7M), Egypt ($35.7M), and Saudi Arabia ($26.8M).

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 Inorganic chemicals. 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)$523M
IMPORTS (2022)$381M
NET TRADE (2022)$141M

In 2022, Bulgaria exported $523M in Inorganic chemicals. The main destinations of Bulgaria exports on Inorganic chemicals were Turkey ($107M), Serbia ($98.6M), Egypt ($34.9M), Romania ($26.6M), and Algeria ($26.3M).

In 2022, Bulgaria imported $381M in Inorganic chemicals, mainly from Qatar ($47.7M), Algeria ($41.5M), Egypt ($40.3M), Ukraine ($37.1M), and Romania ($35.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inorganic chemicals EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Serbia$61.5M (166%)
Turkey$26.4M (32.5%)
Algeria$11.5M (78.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic chemicals BY Bulgaria WERE (2021 - 2022):
Saudi Arabia-$14.7M (-42.5%)
Egypt-$11.9M (-25.4%)
India-$7.99M (-37.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Inorganic chemicals were:
In 2022, Bulgaria's main importing competitors in Inorganic chemicals were:

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Trade Value of Inorganic chemicals by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $13.7M
TOP IMPORT POTENTIALChina+ $6.3M

Inorganic chemicals’s highest export potential is China. With an export gap of $13.7M.   Inorganic chemicals’s highest import potential is China with an import gap of $6.3M.

See methodology.

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