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Bulgaria trade in 2024

In 2024, Bulgaria exported $50.9 billion and imported $52.3 billion, a trade deficit of $1.4 billion. It was the world's 59th-largest exporter, with 0.22% of world exports. Its top export was refined petroleum (6.3% of the total) and its main trading partner was Germany (12.1% of its trade).

Summary

Exports
$50.9billion
Imports
$52.3billion
Trade balance
-$1.4billion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Refined petroleum (6.3%) and bombs, missiles and ammunition (4.7%) together make up 10.9% of its exports.

  1. Refined petroleum$3.2 billion · 6.3%
    Main partner: Gibraltar
  2. Bombs, missiles and ammunition$2.4 billion · 4.7%
    Main partner: Poland
  3. Refined copper$1.9 billion · 3.7%
    Main partner: Italy
  4. Unrefined copper$1.6 billion · 3.2%
    Main partner: Germany
  5. Wheat$1.4 billion · 2.8%
    Main partner: Algeria
  6. Medicines in measured doses or retail packs$1.2 billion · 2.4%
    Main partner: Russia
  7. Electricity$1.2 billion · 2.4%
    Main partner: Romania
  8. Precious metal ore$927 million · 1.8%
    Main partner: Germany
  9. Natural gas and LPG$905 million · 1.8%
    Main partner: Romania
  10. Cables and wire$723 million · 1.4%
    Main partner: Germany

What it imports

Crude petroleum (7.6%) and copper ore (4.9%) together make up 12.5% of its imports.

  1. Crude petroleum$4 billion · 7.6%
    Main partner: Kazakhstan
  2. Copper ore$2.5 billion · 4.9%
    Main partner: Indonesia
  3. Cars$1.9 billion · 3.6%
    Main partner: Germany
  4. Medicines in measured doses or retail packs$1.7 billion · 3.2%
    Main partner: Germany
  5. Natural gas and LPG$995 million · 1.9%
    Main partner: Azerbaijan
  6. Cameras and broadcast equipment$960 million · 1.8%
    Main partner: China
  7. Refined petroleum$902 million · 1.7%
    Main partner: Romania
  8. Copper scrap$641 million · 1.2%
    Main partner: Romania
  9. Diodes, transistors and solar cells$465 million · 0.89%
    Main partner: China
  10. Cables and wire$463 million · 0.88%
    Main partner: Turkey
By Harmonized System chapter (96)
ChapterExportsImports
27 · Oil, gas and coal$5.6 billion$6.5 billion
85 · Electrical and electronic equipment$5 billion$5.8 billion
74 · Copper$4.8 billion$1.4 billion
84 · Mechanical machinery$3.6 billion$5.1 billion
93 · Weapons and ammunition$2.9 billion$123 million
10 · Cereals$1.9 billion$141 million
87 · Vehicles$1.7 billion$3.5 billion
26 · Ores and slag$1.6 billion$3 billion
39 · Plastics$1.5 billion$2.2 billion
30 · Pharmaceuticals$1.4 billion$2.2 billion
90 · Precision and medical instruments$1.3 billion$926 million
62 · Woven clothing$961 million$432 million
72 · Iron and steel$903 million$1.7 billion
70 · Glass$902 million$215 million
61 · Knitted clothing$866 million$550 million
73 · Iron and steel products$780 million$996 million
94 · Furniture and lighting$771 million$721 million
38 · Miscellaneous chemicals$692 million$638 million
71 · Gems and precious metals$681 million$374 million
15 · Fats and oils$662 million$673 million
12 · Oilseeds and grains$648 million$584 million
76 · Aluminum$641 million$797 million
18 · Cocoa and chocolate$614 million$623 million
28 · Inorganic chemicals$568 million$285 million
33 · Perfumes and cosmetics$533 million$521 million
23 · Animal feed and food waste$522 million$226 million
19 · Baked goods and cereal products$475 million$408 million
31 · Fertilizers$446 million$380 million
40 · Rubber$432 million$587 million
95 · Toys and sports gear$430 million$365 million
44 · Wood$394 million$312 million
02 · Meat and offal$347 million$668 million
48 · Paper and paperboard$334 million$699 million
83 · Miscellaneous metal goods$292 million$227 million
86 · Railway equipment$285 million$204 million
04 · Dairy, eggs and honey$278 million$475 million
78 · Lead$269 million$99 million
21 · Food preparations$245 million$394 million
69 · Ceramics$239 million$196 million
17 · Sugar and sweets$232 million$233 million
22 · Beverages and spirits$228 million$541 million
24 · Tobacco$218 million$492 million
29 · Organic chemicals$215 million$397 million
01 · Live animals$208 million$32 million
79 · Zinc$207 million$33 million
20 · Preserved fruit and vegetables$206 million$251 million
25 · Salt, stone and cement$203 million$213 million
09 · Coffee, tea and spices$165 million$257 million
88 · Aircraft and spacecraft$165 million$389 million
63 · Home textiles and used clothing$164 million$191 million
08 · Fruit and nuts$150 million$411 million
34 · Soap and cleaning products$144 million$259 million
64 · Footwear$139 million$354 million
68 · Stone, plaster and cement articles$135 million$153 million
56 · Felt, nonwovens and rope$131 million$94 million
16 · Prepared meat and fish$130 million$137 million
55 · Synthetic staple fibers$123 million$192 million
35 · Glues, starches and enzymes$120 million$84 million
51 · Wool$118 million$128 million
07 · Vegetables$116 million$331 million
47 · Wood pulp$103 million$7 million
11 · Milling products and malt$84 million$44 million
42 · Leather goods and bags$78 million$107 million
82 · Tools and cutlery$77 million$165 million
49 · Books and printed matter$75 million$68 million
03 · Fish and seafood$70 million$154 million
32 · Dyes, paints and tanning agents$59 million$275 million
54 · Synthetic filaments$58 million$135 million
96 · Other manufactured goods$41 million$102 million
52 · Cotton$41 million$101 million
36 · Explosives and matches$33 million$132 million
60 · Knitted fabric$32 million$177 million
05 · Other animal products$27 million$28 million
65 · Hats$26 million$19 million
81 · Other base metals$24 million$17 million
57 · Carpets and rugs$24 million$33 million
89 · Ships and boats$19 million$136 million
59 · Coated and technical textiles$19 million$64 million
91 · Watches and clocks$15 million$51 million
75 · Nickel$14 million$18 million
06 · Live plants and flowers$14 million$43 million
58 · Special fabrics and lace$12 million$45 million
41 · Hides and leather$8 million$40 million
66 · Umbrellas and canes$7 million$11 million
92 · Musical instruments$6 million$7 million
14 · Other plant products$5 million$7 million
45 · Cork$5 million$4 million
67 · Feathers and artificial flowers$5 million$11 million
37 · Photographic goods$4 million$13 million
53 · Other plant fibers$4 million$12 million
97 · Art and antiques$4 million$7 million
13 · Gums and plant extracts$4 million$17 million
46 · Wicker and basketware$4 million$6 million
43 · Fur and fur goods$3 million$3 million
80 · Tin$2 million$13 million
50 · Silk$470 thousand$6 million

Trading partners

Its main destination is Germany (14.4% of exports) and its main source is China (10.7% of imports).

Who it sells to

PartnerValue (USD billions)ShareMode
Germany7.314.4%Sea
Romania611.9%Land
Italy3.56.8%Sea
Turkey3.26.3%Land
Poland36%Air
Greece2.75.3%Land
France1.73.2%Sea
United States1.52.9%Sea
Czechia1.32.5%Sea
China1.22.3%Sea

Who it buys from

PartnerValue (USD billions)ShareMode
China5.610.7%Sea
Germany5.29.9%Sea
Turkey4.58.6%Land
Italy2.85.3%Sea
Romania2.54.7%Land
Greece1.83.4%Land
Poland1.73.2%Sea
Kazakhstan1.63%Sea
Netherlands1.32.4%Sea
Ukraine1.32.4%Sea

Overview 1995–2024

In 2024, Bulgaria accounted for 0.22% of world exports, compared with 0.08% in 1995.

Exports and imports

Exports grew 12.5-fold since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 50.9
  • Imports 52.3
  • Balance -1.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$4.1 billion$4.1 billion-$14 million
1996$5.3 billion$5.6 billion-$213 million
1997$5.5 billion$5.7 billion-$202 million
1998$5 billion$5.7 billion-$705 million
1999$4.6 billion$6 billion-$1.4 billion
2000$5.4 billion$5.5 billion-$55 million
2001$5.7 billion$6.1 billion-$428 million
2002$6.5 billion$7.1 billion-$617 million
2003$8 billion$9.8 billion-$1.8 billion
2004$10.6 billion$13.7 billion-$3.1 billion
2005$12.5 billion$17.1 billion-$4.6 billion
2006$16.3 billion$22.1 billion-$5.8 billion
2007$18.5 billion$30.1 billion-$11.6 billion
2008$22.8 billion$37.4 billion-$14.6 billion
2009$17.1 billion$23.9 billion-$6.7 billion
2010$21.1 billion$25.7 billion-$4.7 billion
2011$28.9 billion$33.5 billion-$4.6 billion
2012$28.4 billion$34.7 billion-$6.4 billion
2013$30.4 billion$35.6 billion-$5.2 billion
2014$31.5 billion$35.1 billion-$3.6 billion
2015$27.4 billion$29.5 billion-$2.2 billion
2016$28.1 billion$29.9 billion-$1.8 billion
2017$31.8 billion$35.6 billion-$3.7 billion
2018$34.7 billion$37.8 billion-$3.1 billion
2019$35.1 billion$37.8 billion-$2.7 billion
2020$33.5 billion$34.8 billion-$1.3 billion
2021$42.7 billion$45.3 billion-$2.6 billion
2022$54.8 billion$56.7 billion-$1.9 billion
2023$50.8 billion$52.6 billion-$1.8 billion
2024$50.9 billion$52.3 billion-$1.4 billion

World rank

Bulgaria rose from 67th to 59th among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 67th in 1995
  • 59th in 2024

Source: CEPII BACI

Show the numbers
YearRank
199567th
199665th
199766th
199870th
199976th
200073rd
200174th
200272nd
200373rd
200472nd
200568th
200667th
200768th
200869th
200969th
201069th
201166th
201267th
201365th
201465th
201565th
201664th
201764th
201865th
201964th
202060th
202162nd
202258th
202359th
202459th

What it sells

Oil, gas and coal became its top export group: from 6% to 11%

% of exports by Harmonized System chapter.

  • Other 47%
  • Ores and slag 3%
  • Vehicles 3%
  • Cereals 4%
  • Weapons and ammunition 6%
  • Mechanical machinery 7%
  • Copper 9%
  • Electrical and electronic equipment 10%
  • Oil, gas and coal 11%

Source: CEPII BACI

Show the numbers
Chapter19952024
Oil, gas and coal5.5%10.9%
Electrical and electronic equipment2.6%9.8%
Copper8.6%9.4%
Mechanical machinery4.8%7.1%
Weapons and ammunition0.09%5.7%
Cereals2.6%3.7%
Vehicles0.69%3.2%
Ores and slag1.4%3.2%
Other73.8%46.9%

Who it trades with

Romania went from 2% to 8% of Bulgaria's trade

% of total trade (exports + imports) with each partner.

  • Germany 12%
  • Romania 8%
  • Turkey 7%
  • China 7%
  • Italy 6%

Source: CEPII BACI

Show the numbers
Partner19952024
Germany17.6%12.1%
Romania1.8%8.2%
Turkey7.2%7.5%
China0.64%6.6%
Italy11.4%6.1%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

  • Maritsa Iztok-2 power stationPower · 5.7 Mt CO₂e
  • Maritsa Iztok-1 power stationPower · 3.7 Mt CO₂e
  • Bobov Dol power stationPower · 1.9 Mt CO₂e
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Largest economic production hubs (gridded GDP, 2024)

  • Sofia$117 billion (PPP, 2021 dollars)
  • Plovdiv$30.2 billion (PPP, 2021 dollars)
  • Varna$17.4 billion (PPP, 2021 dollars)
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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

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