2022
Exports | Imports
$4.9M | $10.6MWorld Rnk 39 / 157
Flag Rnk 538 / 1211
World Rnk 61 / 215
Flag Rnk 515 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.66Rnk 37 / 124
2022
PRODUCT COMPLEXITY IN Silicone
1.76Rnk 17 / 1025

About

Exports In 2022, Bulgaria exported $4.9M in Silicone, making it the 39th largest exporter of Silicone in the world. At the same year, Silicone was the 538th most exported product in Bulgaria. The main destination of Silicone exports from Bulgaria are: Czechia ($2.64M), Serbia ($376k), Turkey ($345k), Austria ($279k), and Italy ($200k).

The fastest growing export markets for Silicone of Bulgaria between 2021 and 2022 were Czechia ($2.64M), Turkey ($308k), and Austria ($251k).

Imports In 2022, Bulgaria imported $10.6M in Silicone, becoming the 61st largest importer of Silicone in the world. At the same year, Silicone was the 515th most imported product in Bulgaria. Bulgaria imports Silicone primarily from: Germany ($4.52M), Italy ($1.75M), Netherlands ($1.07M), Belgium ($617k), and China ($483k).

The fastest growing import markets in Silicone for Bulgaria between 2021 and 2022 were Italy ($567k), Netherlands ($288k), and Belgium ($201k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Silicone from Bulgaria to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Silicone. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.9M
IMPORTS (2022)$10.6M
NET TRADE (2022)-$5.69M

In 2022, Bulgaria exported $4.9M in Silicone. The main destinations of Bulgaria exports on Silicone were Czechia ($2.64M), Serbia ($376k), Turkey ($345k), Austria ($279k), and Italy ($200k).

In 2022, Bulgaria imported $10.6M in Silicone, mainly from Germany ($4.52M), Italy ($1.75M), Netherlands ($1.07M), Belgium ($617k), and China ($483k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicone EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Czechia$2.64M (1M%)
Turkey$308k (823%)
Austria$251k (910%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicone BY Bulgaria WERE (2021 - 2022):
Iran-$375k (-70.2%)
Germany-$70.3k (-86.6%)
Albania-$51k (-74.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Silicone were:
In 2022, Bulgaria's main importing competitors in Silicone were:

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Trade Value of Silicone by Exporters

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