Bulgaria

Compare Bulgaria →

BG · BGR · BACI 100 · latest data 2024

Exports

$50.9B USD, nominal · 2024

= $50,940 M45.4% over 5 yrs (up)

Imports

$52.3B USD, nominal · 2024

= $52,302 M38.5% over 5 yrs (up)

Trade balancedeficit

−$1.4B USD, nominal · 2024

= −$1,362 M

Total trade

$103.2B USD, nominal · 2024

= $103,242 M41.8% over 5 yrs (up)

World position: #58 of 225 exporters · top half · #55 of 225 importers · top 25% · 2024
World export share since 1995: +0.1 pp

Trade timeline

Bulgaria's exports grew from $4.1B in 1995 to $50.9B in 2024; the 2024 balance was −$1.4B.

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Exports, imports, trade balance and total trade of Bulgaria per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$4,068 M	$4,081 M	−$14 M	$8,149 M
1996	$5,337 M	$5,581 M	−$244 M	$10,919 M
1997	$5,499 M	$5,751 M	−$252 M	$11,249 M
1998	$5,083 M	$5,751 M	−$668 M	$10,834 M
1999	$4,613 M	$6,032 M	−$1,418 M	$10,645 M
2000	$5,440 M	$5,463 M	−$23 M	$10,903 M
2001	$5,715 M	$6,123 M	−$408 M	$11,839 M
2002	$6,508 M	$7,118 M	−$610 M	$13,627 M
2003	$8,009 M	$9,772 M	−$1,763 M	$17,781 M
2004	$10,452 M	$13,716 M	−$3,265 M	$24,168 M
2005	$12,491 M	$17,105 M	−$4,614 M	$29,596 M
2006	$16,141 M	$22,069 M	−$5,928 M	$38,210 M
2007	$18,312 M	$30,107 M	−$11,796 M	$48,419 M
2008	$22,717 M	$37,379 M	−$14,662 M	$60,096 M
2009	$16,970 M	$23,904 M	−$6,935 M	$40,874 M
2010	$20,969 M	$25,723 M	−$4,755 M	$46,692 M
2011	$28,539 M	$33,518 M	−$4,980 M	$62,057 M
2012	$28,311 M	$34,766 M	−$6,455 M	$63,078 M
2013	$30,341 M	$35,840 M	−$5,498 M	$66,181 M
2014	$31,478 M	$35,153 M	−$3,675 M	$66,630 M
2015	$27,244 M	$29,357 M	−$2,114 M	$56,601 M
2016	$27,854 M	$29,871 M	−$2,017 M	$57,725 M
2017	$31,705 M	$35,603 M	−$3,898 M	$67,309 M
2018	$34,525 M	$37,707 M	−$3,182 M	$72,232 M
2019	$35,031 M	$37,772 M	−$2,740 M	$72,803 M
2020	$33,374 M	$34,872 M	−$1,498 M	$68,246 M
2021	$42,585 M	$45,291 M	−$2,706 M	$87,876 M
2022	$54,659 M	$56,596 M	−$1,937 M	$111,255 M
2023	$50,551 M	$52,562 M	−$2,011 M	$103,113 M
2024	$50,940 M	$52,302 M	−$1,362 M	$103,242 M

30 rows

World share & rank

World export share moved from 0.1% in 1995 to 0.2% in 2024; export rank #66 → #58.

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World export and import share in percent, and world ranks, of Bulgaria per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	0.08%	0.08%	#66	#71
1996	0.10%	0.10%	#63	#64
1997	0.10%	0.10%	#64	#66
1998	0.09%	0.10%	#68	#70
1999	0.08%	0.10%	#74	#65
2000	0.08%	0.08%	#72	#72
2001	0.09%	0.10%	#72	#73
2002	0.10%	0.11%	#71	#72
2003	0.10%	0.13%	#72	#65
2004	0.11%	0.15%	#71	#64
2005	0.12%	0.16%	#68	#61
2006	0.13%	0.18%	#66	#59
2007	0.13%	0.22%	#67	#58
2008	0.14%	0.23%	#68	#58
2009	0.14%	0.19%	#68	#62
2010	0.14%	0.17%	#68	#63
2011	0.16%	0.19%	#65	#61
2012	0.16%	0.19%	#66	#62
2013	0.17%	0.20%	#65	#63
2014	0.17%	0.19%	#64	#62
2015	0.17%	0.18%	#64	#63
2016	0.18%	0.19%	#63	#61
2017	0.18%	0.20%	#63	#58
2018	0.18%	0.20%	#64	#59
2019	0.19%	0.20%	#63	#61
2020	0.19%	0.20%	#59	#59
2021	0.20%	0.21%	#61	#58
2022	0.23%	0.23%	#57	#55
2023	0.22%	0.23%	#58	#56
2024	0.22%	0.23%	#58	#55

30 rows

Trading partners

Germany was Bulgaria's top trading partner in 2024, at 12.1% of total trade; the top five partners covered 40.5%.

Year

Top partner share: 12.1%
Top-5 share: 40.5%
Partners: 222
Partner HHI (0–1): 0.045

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Germany $7.3B

Romania $6.0B

Italy $3.5B

Türkiye $3.2B

Poland $3.0B

Greece $2.7B

France $1.7B

United States $1.5B

Czechia $1.3B

China $1.2B

Spain $962M

Serbia $900M

Netherlands $873M

Hungary $674M

Ukraine $589M

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Top partners of Bulgaria in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	Germany	$7,349 M	$5,165 M	$12,513 M	$2,184 M
#2	Romania	$6,035 M	$2,454 M	$8,489 M	$3,580 M
#3	Türkiye	$3,200 M	$4,511 M	$7,711 M	−$1,311 M
#4	China	$1,177 M	$5,612 M	$6,789 M	−$4,435 M
#5	Italy	$3,478 M	$2,783 M	$6,262 M	$695 M
#6	Poland	$3,037 M	$1,657 M	$4,695 M	$1,380 M
#7	Greece	$2,713 M	$1,764 M	$4,477 M	$950 M
#8	France	$1,650 M	$1,212 M	$2,863 M	$438 M
#9	Czechia	$1,294 M	$1,107 M	$2,401 M	$186 M
#10	United States	$1,468 M	$926 M	$2,394 M	$543 M
#11	Netherlands	$873 M	$1,267 M	$2,140 M	−$394 M
#12	Serbia	$900 M	$1,134 M	$2,035 M	−$234 M
#13	Spain	$962 M	$909 M	$1,871 M	$53 M
#14	Ukraine	$589 M	$1,263 M	$1,852 M	−$675 M
#15	Hungary	$674 M	$1,077 M	$1,751 M	−$403 M

15 rows

Products & sectors

Product composition of Bulgaria's trade in 2024.

Year

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Concentration & risk

Bulgaria's export partners diversified over 1995–2024 — HHI 0.071 → 0.057, a diversified export base across 205 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Bulgaria per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.071	0.086	97	74
1996	0.049	0.159	161	139
1997	0.053	0.138	167	146
1998	0.056	0.094	168	146
1999	0.056	0.089	170	159
2000	0.061	0.063	182	185
2001	0.064	0.066	189	185
2002	0.062	0.066	190	187
2003	0.066	0.064	183	166
2004	0.061	0.060	177	174
2005	0.056	0.060	181	181
2006	0.053	0.060	193	187
2007	0.052	0.066	195	202
2008	0.045	0.065	194	205
2009	0.051	0.059	198	203
2010	0.052	0.062	192	161
2011	0.051	0.065	197	167
2012	0.049	0.073	195	160
2013	0.052	0.066	197	163
2014	0.050	0.060	198	164
2015	0.051	0.056	201	168
2016	0.053	0.049	198	172
2017	0.053	0.050	202	167
2018	0.056	0.051	198	168
2019	0.055	0.050	198	166
2020	0.058	0.047	204	166
2021	0.059	0.050	198	171
2022	0.064	0.053	206	168
2023	0.054	0.049	200	170
2024	0.057	0.043	205	218

30 rows

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