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Bulgaria import Statistics

Bulgaria Import Data

The Republic of Bulgaria is another name for Bulgaria. The nation in question is situated in Europe's southeast. The nation borders several other nations, including Greece, Romania, Serbia, and Turkey. When it comes to the country's economy, the private sector employs more than 70% of the workforce. Bulgaria is a developing nation even if its economy used to be centered on agriculture. Considering the global trade landscape, business operators and policymakers need to remain up to date with the latest import data of various countries. According to Bulgaria trade statistics, the country is ranked as the 56th biggest importer of goods in the world. 

According to Bulgaria's Import data, Bulgaria imported goods worth $53.6 billion in 2023, with a decline of 8% from the previous year. Electrical machinery and equipment are the biggest imports of Bulgaria, while Germany is its top import partner. Bulgaria’s total GDP is $101.58 billion with a GDP import share of 57.72%. Bulgaria is part of trading blocs such as WTO and EU. Let us delve into a comprehensive overview of Bulgaria shipment data for the year 2023. By analyzing the Bulgaria import data, businesses and investors can gain valuable insights into trends, opportunities, and potential risks in the Bulgarian market.

Bulgaria Import Data | Bulgaria Trade Shipment Statistical Data

56

The country has been ranked 56th in global imports, showing a significant position in the international trade landscape and import market.

0.2%

With a mere 0.2% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise. 

GERMANY

Germany holds a significant role as the largest import partner of the country in terms of goods imports and import share.

ELECTRICAL MACHINERY AND EQUIPMENT

Electrical machinery and equipment are the biggest import commodities of the country, playing a vital role in its economy.

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Top 10 Imports of Bulgaria | Bulgaria Import Data by HS Code

Bulgaria, being an emerging market in Eastern Europe, relies on a diverse range of imports to support its economy. The top 10 imports of Bulgaria encompass an array of goods and services, reflecting its growing industrial and consumer sectors. Bulgaria’s top 10 imports in 2023, according to Bulgaria shipment data and Bulgaria import data are:

  • Electrical machinery and equipment (HS code 85): 12.1% ($6.47 billion)
  • Mineral fuels and oils (HS code 27): 11.16% ($5.97 billion)
  • Nuclear reactors and machinery (HS code 84): 9.91% ($5.30 billion)
  • Vehicles (HS code 87): 7.67% ($4.10 billion)
  • Plastics and articles thereof (HS code 39): 4.23% ($2.26 billion)
  • Ores, slag, and ash (HS code 26): 4.18% ($2.23 billion)
  • Pharmaceutical products (HS code 30): 4.16% ($2.22 billion)
  • Iron and steel (HS code 72): 3.37% ($1.80 billion)
  • Copper and articles thereof (HS code 74): 2.36% ($1.26 billion)
  • Articles of iron or steel (HS code 73): 2.03% ($1.08 billion)
    • Partners

    Top 10 Import Partners of Bulgaria | Bulgaria Import Data by Country

    As for the top 10 import partners of Bulgaria, they play a crucial role in the country's international trade landscape. Notably, Germany holds the top spot as Bulgaria's largest import partner, followed by Turkey and Romania. The top 10 Import Partners of Bulgaria in 2023 according to Bulgaria trade data and Bulgaria statistical data include:

    Value In Percentage(%)

  • Germany: 12.4% (6.63 billion US$)
  • Turkey: 8.2% (4.39 billion US$)
  • Romania: 6.8% (3.64 billion US$)
  • Italy: 6.7% (3.60 billion US$)
  • Russia: 6.6% (3.50 billion US$)
  • China: 5.4% (2.87 billion US$)
  • Greece: 4.4% (2.35 billion US$)
  • Netherlands: 4.1% (2.19 billion US$)
  • Poland: 3.9% (2.08 billion US$)
  • Hungary: 3.5% (1.86 billion US$)
    • Sample Data

    Understanding Bulgaria Statistical Data for Imports

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    To comprehend Bulgaria's import data, it is crucial to explore the specific types of products that the country imports, their sources, and the overall trade volumes. The analysis of import data facilitates a better understanding of the country's demand patterns and can help businesses make informed decisions about market enterprises, sourcing strategies, and potential partnerships. Based on Bulgaria statistical data for imports, Bulgaria imported goods worth $53.6 billion in 2023. The information you are given regarding Bulgaria shipment data and import data is highly helpful and educational. The most recent shipping bills, invoices, and other crucial trading documents serve as the foundation for the import data. You will undoubtedly find the information and database supplied to be very helpful in identifying the ideal market for gauging prospective gains and market risks. Reliable data is gathered from establishments, other shipping firms, and ports in Bulgaria that have been approved. Bulgarian trade data contains a range of fields, such as HS codes and product descriptions that include the quantity, price, and units of each exported good. We obtain trustworthy data from organizations, shipping businesses, government authorities, and customs ports. For traders and marketers, this statistical trade data is crucial information that helps them make informed decisions. Everything can be obtained through this shipment data from the HS codes and product descriptions, the quantity and cost of each product. We have included a sample of the trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details. So, as you can see, in this statistical report, we also include the number of goods needed to be imported/exported, HS codes, the product description, quantity, and price of each product from the country's shipment data. In this comprehensive statistical database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. 

    Bulgaria Import Data
    ID 25056 Month Jul-24
    FLOW IMPORT STAT REGIME Normal
    HS CODE 01012990 PRODUCT DESCRIPTION Live horses (excl. for slaughter, pure-bred for breeding)
    IMPORT COUNTRY BULGARIA ORIGIN COUNTRY Turkey
    TRADE TYPE Extra-EU Trade SUP QUANTITY 4
    SUPP UNIT NUMBER OF ITEMS NET WEIGHT 2200
    US CIF 3967 VALUE IN EUROS 3659
    Benefits

    Benefits of Bulgaria Import Data

  • Utilize the Bulgarian market to obtain leads.
  • Determine Bulgaria's market demand.
  • Track and exceed your competitors.
  • A data-driven approach can help you increase income.
  • Find trustworthy purchasers in the Bulgaria import market.
  • With high-quality reports, accomplish long-term corporate objectives.

    • Frequently Asked Questions!!

    The total value of Bulgaria's imports in 2023 is $53.6 billion according to Bulgaria trade statistics.

    Based on Bulgaria trade records, Bulgarian goods imports declined by 8% in 2023 as compared to the previous year.

    Electrical machinery and mineral fuels are the top two imports of Bulgaria in 2023 according to Bulgaria trade records.

    Germany is the largest import partner of Bulgaria in 2023 according to Bulgaria trade activities.

    Date, Product Description, HS Code, Quantity, Value, Origin country, and Destination country are the key components of Bulgaria Import Data and Bulgaria shipment data.

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