2022
Exports
$829MWorld Rnk 5 / 170
Flag Rnk 20 / 96
2022
PRODUCT COMPLEXITY IN Weapons
1.03Rnk 158 / 1025
2022
Imports
$48MWorld Rnk 49 / 206
Flag Rnk 74 / 96
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $829M in Weapons, making it the 5th largest exporter of Weapons in the world. At the same year, Weapons was the 20th most exported product in Bulgaria. The main destination of Weapons exports from Bulgaria are: Poland ($503M), Czechia ($248M), United States ($15.2M), Germany ($13.8M), and Kenya ($13.4M).

The fastest growing export markets for Weapons of Bulgaria between 2021 and 2022 were Poland ($490M), Czechia ($238M), and Kenya ($13.4M).

Imports In 2022, Bulgaria imported $48M in Weapons, becoming the 49th largest importer of Weapons in the world. At the same year, Weapons was the 74th most imported product in Bulgaria. Bulgaria imports Weapons primarily from: Czechia ($17.2M), Turkey ($6.31M), Germany ($5.09M), Poland ($3.73M), and Croatia ($3.7M).

The fastest growing import markets in Weapons for Bulgaria between 2021 and 2022 were Czechia ($9.13M), Croatia ($3.35M), and Serbia ($3.02M).

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 Weapons. 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)$829M
IMPORTS (2022)$48M
NET TRADE (2022)$781M

In 2022, Bulgaria exported $829M in Weapons. The main destinations of Bulgaria exports on Weapons were Poland ($503M), Czechia ($248M), United States ($15.2M), Germany ($13.8M), and Kenya ($13.4M).

In 2022, Bulgaria imported $48M in Weapons, mainly from Czechia ($17.2M), Turkey ($6.31M), Germany ($5.09M), Poland ($3.73M), and Croatia ($3.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Weapons EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Poland$490M (3.77k%)
Czechia$238M (2.32k%)
Kenya$13.4M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Weapons BY Bulgaria WERE (2021 - 2022):
Philippines-$55.9M (-98.7%)
Turkey-$1.99M (-100%)
Serbia-$1.56M (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Weapons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.8M
TOP IMPORT POTENTIALTurkey+ $1.44M

Weapons’s highest export potential is United States. With an export gap of $11.8M.   Weapons’s highest import potential is Turkey with an import gap of $1.44M.

See methodology.

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