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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's Import data, Bulgaria imported goods worth $58.09 billion in 2022, with an increase of 25% from 2021. The Bulgarian imports grew by $11.6 billion in 2022. Let us delve into a comprehensive overview of Bulgaria's import data for the year 2022. 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 Customs Data

55

The country has been ranked 55th in global imports, showing a significant position in the international trade landscape and import market.

0.18%

With a mere 0.18% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

RUSSIA

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

PETROLEUM OIL AND CRUDE

Petroleum oil and crude are the biggest import commodities of the country, playing a vital role in its economy.

import

Top 10 Imports of Bulgaria

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 2022, according to its import data are:

  • Petroleum oils and oils obtained from bituminous minerals, Crude: 7.09% ($4.12 billion)
  • Petroleum gases and other gaseous hydrocarbons: 5.9% ($3.42 billion)
  • Copper ores and concentrates: 3.76% ($2.18 billion)
  • Miscellaneous chemical products: 2.83% (1.64 billion US$)
  • Medicaments and Pharmaceuticals: 2.44% ($1.42 billion)
  • Petroleum oils and waste oils: 2.3% ($1.33 billion)
  • Motor cars and other motor vehicles: 2.16% ($1.25 billion)
  • Biodiesel and mixtures thereof: 1.88% ($1.09 billion)
  • Sunflower seeds: 1.74% ($1.01 billion)
  • Electrical apparatus: 1.4% ($814 million)
    • Partners

    Top 10 Import Partners of Bulgaria

    As for the top 10 import partners of Bulgaria, they play a crucial role in the country's international trade landscape. Notably, Russia holds the top spot as Bulgaria's largest import partner, followed by Germany and Turkey. The top 10 Import Partners of Bulgaria in 2022 include:

    Value In Percentage(%)

  • Russia: 10.8% (6.28 billion US$)
  • Germany: 10.7% (6.27 billion US$)
  • Turkey: 8.41% (4.88 billion US$)
  • Romania: 6.85% (3.97 billion US$)
  • Italy: 5.96% (3.46 billion US$)
  • Greece: 5.95% (3.46 billion US$)
  • China: 5.78% (3.36 billion US$)
  • Netherlands: 4.16% (2.41 billion US$)
  • Poland: 3.3% (1.92 billion US$)
  • Ukraine: 3.15% (1.83 billion US$)
    • Sample Data

    Understanding Bulgaria's Import Data

    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.

    So, as you can see in this statistical report, we also include the number of goods needed to be imported/exported, HS codes, the description of each HS code, and the 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. 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 entry, sourcing strategies, and potential partnerships. Based on the customs data for Bulgaria's imports, Bulgaria imported goods worth $58 billion in 2022, with an increase of 25% as compared to 2021. The information you are given regarding Bulgaria's import data and shipment 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.

    Benefits

    Benefits of Bulgaria’s Import Data

  • Utilize the Bulgarian market to obtain company 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 Bulgarian import market.
  • With high-quality reports, accomplish long-term corporate objectives.

    • Frequently Asked Questions!!

    The total value of Bulgaria's imports in 2022 is $58 billion.

    The Bulgarian goods imports increased by 25% in 2022 as compared to 2021.

    Petroleum oils and oils obtained from bituminous minerals, Petroleum gases, and other gaseous hydrocarbons are the top two imports of Bulgaria in 2022.

    Russia is the largest import partner of Bulgaria.

    Date, Name of Bulgaria's importer, Name of Foreign Buyer, Destination nation, Product Description, HS Code, Quantity Value, and Port name are the key components of Bulgaria's Import Data.

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