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Bulgaria Trade Summary

2023

Bulgaria exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR BULGARIA 2023

Overall Exports and Imports for Bulgaria 2023

Exports and imports of Bulgaria in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 47,901 million.
  • The total value of imports (CIF) was 53,529 million.
  • At the HS6 digit level, 3,916 products were exported to 203 countries and 4,363 products were imported from 170 countries.

Bulgaria top 5 Export and Import partners 2023

Top five countries to which Bulgaria exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Bulgaria exports to Germany worth US$ 6,549 million, with a partner share of 13.67 percent.
  2. Bulgaria exports to Romania worth US$ 4,411 million, with a partner share of 9.21 percent.
  3. Bulgaria exports to Italy worth US$ 3,437 million, with a partner share of 7.18 percent.
  4. Bulgaria exports to Turkey worth US$ 2,759 million, with a partner share of 5.76 percent.
  5. Bulgaria exports to Greece worth US$ 2,650 million, with a partner share of 5.53 percent.

Top five countries from which Bulgaria imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Bulgaria imports from Germany worth US$ 6,633 million, with a partner share of 12.39 percent.
  2. Bulgaria imports from Turkey worth US$ 4,399 million, with a partner share of 8.22 percent.
  3. Bulgaria imports from Romania worth US$ 3,644 million, with a partner share of 6.81 percent.
  4. Bulgaria imports from Italy worth US$ 3,604 million, with a partner share of 6.73 percent.
  5. Bulgaria imports from Russian Federation worth US$ 3,508 million, with a partner share of 6.55 percent.

Bulgaria Top 5 Productsexports imports at HS 6 digit level 2023

The top five exported HS 6 digit level products to world by Bulgaria along with trade value are:

  1. Bulgaria exported Petroleum oils, etc, (excl. crude); preparation , worth 2,672,084.47 (US$ Thousands).
  2. Bulgaria exported Spelt, common wheat and meslin , worth 1,636,790.44 (US$ Thousands).
  3. Bulgaria exported Copper cathodes and sections of cathodes unwrou , worth 1,614,014.52 (US$ Thousands).
  4. Bulgaria exported Copper unrefined, copper anodes for electrolyti , worth 962,632.71 (US$ Thousands).
  5. Bulgaria exported Other medicaments of mixed or unmixed products, , worth 943,983.14 (US$ Thousands).

The top five imported HS 6 digit level products from world by Bulgaria along with trade value are

  1. Bulgaria imported Petroleum oils and oils obtained from bituminou , worth 3,134,974.16 (US$ Thousands).
  2. Bulgaria imported Copper ores and concentrates , worth 1,938,247.45 (US$ Thousands).
  3. Bulgaria imported Other medicaments of mixed or unmixed products, , worth 1,433,786.07 (US$ Thousands).
  4. Bulgaria imported Petroleum oils, etc, (excl. crude); preparation , worth 1,019,239.31 (US$ Thousands).
  5. Bulgaria imported Transmission apparatus, for radioteleph incorpo , worth 892,506.10 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Bulgaria in 2023 are below

  • The maximum rate of tariff in percentage on any product was 250.10 percent.
  • The simple average tariff across all products was 2.27 percent.
  • The trade weighted average tariff was 0.97 .
  • The total duty free imports in thousands of US dollars were 15,659,523.50 and duty free tariff line items share was 61.31 percent.

Development Indicators 2023

Key Development Indicators of Bulgaria in 2023 are below

  • Bulgaria GDP in current US dollar was 102,397 million.
  • GNI per capita, Atlas method (current US$) was 14,270.00 .
  • Bulgaria Trade balance: as % of GDP was 4.10.
  • Trade balance in current US$ was 4,201.00 million.
  • Trade as percentage of GDP was 119.67 .
  • Trade in services as percentage of GDP was 23.63 .

Trade Indicators 2023

Trade Indicators for Bulgaria in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 10.99.
  • World Growth in percentage was -3.13 and Bulgaria Country Growth was -3.58 .