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Pricing

2022
Exports $418MWorld Rnk 49 / 226
Flag Rnk 28 / 96
2022
Destination $7.11M Germany
2021 - 2022
FASTEST GROWING MARKET $7.11MSerbia
2022
PRODUCT COMPLEXITY IN Rubber & articles thereof0.93Rnk 199 / 1025
2022
Imports $587MWorld Rnk 58 / 226
Flag Rnk 20 / 96
2022
Origin $12.4M Turkey
2021 - 2022
FASTEST GROWING ORIGIN $12.4MPoland
2022
ECONOMIC COMPLEXITY of Bulgaria0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $418M in Rubber & articles thereof, making it the 49th largest exporter of Rubber & articles thereof in the world. At the same year, Rubber & articles thereof was the 28th most exported product in Bulgaria. The main destination of Rubber & articles thereof exports from Bulgaria are: Germany ($101M), Spain ($35.2M), Italy ($30.3M), Romania ($27.1M), and Serbia ($26.3M).

The fastest growing export markets for Rubber & articles thereof of Bulgaria between 2021 and 2022 were Serbia ($7.11M), Greece ($5.88M), and United Kingdom ($5.77M).

Imports In 2022, Bulgaria imported $587M in Rubber & articles thereof, becoming the 58th largest importer of Rubber & articles thereof in the world. At the same year, Rubber & articles thereof was the 20th most imported product in Bulgaria. Bulgaria imports Rubber & articles thereof primarily from: Turkey ($83.8M), Germany ($59.2M), Romania ($56.1M), Poland ($45.2M), and Serbia ($39.7M).

The fastest growing import markets in Rubber & articles thereof for Bulgaria between 2021 and 2022 were Poland ($12.4M), China ($10.5M), and Serbia ($9.1M).

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 Rubber & articles thereof. 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)$418M
IMPORTS (2022)$587M
NET TRADE (2022)-$169M

In 2022, Bulgaria exported $418M in Rubber & articles thereof. The main destinations of Bulgaria exports on Rubber & articles thereof were Germany ($101M), Spain ($35.2M), Italy ($30.3M), Romania ($27.1M), and Serbia ($26.3M).

In 2022, Bulgaria imported $587M in Rubber & articles thereof, mainly from Turkey ($83.8M), Germany ($59.2M), Romania ($56.1M), Poland ($45.2M), and Serbia ($39.7M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Rubber & articles thereof EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Serbia$7.11M (37%)
Greece$5.88M (42.4%)
United Kingdom$5.77M (95.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber & articles thereof BY Bulgaria WERE (2021 - 2022):
Germany-$11.3M (-10.1%)
Italy-$6.39M (-17.4%)
France-$4.89M (-17.6%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Rubber & articles thereof were:
China $33.5B
Thailand $20.1B
Germany $17.1B
In 2022, Bulgaria's main importing competitors in Rubber & articles thereof were:
United States $36.1B
China $17.3B
Germany $16.5B

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Trade Value of Rubber & articles thereof by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $14.6M
TOP IMPORT POTENTIALChina+ $28.7M

Rubber & articles thereof’s highest export potential is Germany. With an export gap of $14.6M.   Rubber & articles thereof’s highest import potential is China with an import gap of $28.7M.

See methodology.

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