2022
Exports
$385MWorld Rnk 39 / 218
Flag Rnk 30 / 96
2022
PRODUCT COMPLEXITY IN Preparations of cereals, flour, starch or milk
0.015Rnk 542 / 1025
2022
Imports
$305MWorld Rnk 54 / 226
Flag Rnk 35 / 96
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $385M in Preparations of cereals, flour, starch or milk, making it the 39th largest exporter of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 30th most exported product in Bulgaria. The main destination of Preparations of cereals, flour, starch or milk exports from Bulgaria are: Romania ($41.6M), Greece ($38.6M), Germany ($33.3M), United Kingdom ($33.1M), and Serbia ($24.9M).

The fastest growing export markets for Preparations of cereals, flour, starch or milk of Bulgaria between 2021 and 2022 were United Kingdom ($15.8M), United States ($3.93M), and Serbia ($3.78M).

Imports In 2022, Bulgaria imported $305M in Preparations of cereals, flour, starch or milk, becoming the 54th largest importer of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 35th most imported product in Bulgaria. Bulgaria imports Preparations of cereals, flour, starch or milk primarily from: Poland ($51.3M), Germany ($43.8M), Romania ($42.4M), Greece ($33.5M), and Italy ($22.3M).

The fastest growing import markets in Preparations of cereals, flour, starch or milk for Bulgaria between 2021 and 2022 were Poland ($15.6M), Greece ($8.53M), and Germany ($6.93M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Preparations of cereals, flour, starch or milk. 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)$385M
IMPORTS (2022)$305M
NET TRADE (2022)$80.9M

In 2022, Bulgaria exported $385M in Preparations of cereals, flour, starch or milk. The main destinations of Bulgaria exports on Preparations of cereals, flour, starch or milk were Romania ($41.6M), Greece ($38.6M), Germany ($33.3M), United Kingdom ($33.1M), and Serbia ($24.9M).

In 2022, Bulgaria imported $305M in Preparations of cereals, flour, starch or milk, mainly from Poland ($51.3M), Germany ($43.8M), Romania ($42.4M), Greece ($33.5M), and Italy ($22.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Preparations of cereals, flour, starch or milk EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
United Kingdom$15.8M (91%)
United States$3.93M (21.9%)
Serbia$3.78M (17.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Preparations of cereals, flour, starch or milk BY Bulgaria WERE (2021 - 2022):
Russia-$9.38M (-81.7%)
Belarus-$2.9M (-98.7%)
Greece-$1.98M (-4.88%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Bulgaria's main exporting competitors in Preparations of cereals, flour, starch or milk were:
In 2022, Bulgaria's main importing competitors in Preparations of cereals, flour, starch or milk were:

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Trade Value of Preparations of cereals, flour, starch or milk by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $19M
TOP IMPORT POTENTIALTurkey+ $10.3M

Preparations of cereals, flour, starch or milk’s highest export potential is United States. With an export gap of $19M.   Preparations of cereals, flour, starch or milk’s highest import potential is Turkey with an import gap of $10.3M.

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