Bulgaria Import Data

Bulgaria Import Data

The Southeast European nation of Bulgaria is well-known for its burgeoning energy and industrial sectors. Sofia, the capital, serves as the hub for its administrative and economic operations. With a GDP of USD 107 billion, the population is estimated to be 7.35 million in 2024. As per Bulgaria import data, Bulgaria will import around USD 53.8 billion, making it the 63rd highest importer in the world. Germany, Turkey, and Romania are its major import partners, and the most important commodities it imports are mineral fuels and oils, which are essential for its energy-intensive industry and transportation system.

As per Bulgaria customs data, Bulgaria's import structure helps the country's expanding economy, particularly in the areas of electronics, transportation, industrial machinery, and utilities.

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Bulgaria ranks approximately 63rd worldwide in import value, reflecting its mid-sized economic scale.

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This volume supports domestic industries and consumption. Bulgaria recorded a trade deficit of about USD 7.2 B, as exports are smaller.

Germany

Germany leads with 12.3% (USD 6.6 B)

Mineral Fuels & Oils

Mineral fuels & oils are Bulgaria’s largest import category at about USD 6.6 B (12.3%)

 

Top 10 Import Products of Bulgaria

As per Bulgaria customs import data, energy, industrial machinery, automobiles, and electronics, essential components of Bulgaria's infrastructure and economy, are the main imports.

  • Mineral fuels, oils & distillation products (HS 27): 12.3% — USD 6.61 B
  • Electrical machinery & equipment (HS 85): 11.0% — USD 5.93 B
  • Machinery, nuclear reactors, boilers (HS 84): 9.9% — USD 5.17 B
  • Vehicles (HS 87): 7.7% — USD 3.61 B
  • Ores, slag & ash (HS 26): 5.5% — USD 2.96 B
  • Pharmaceutical products (HS 30): 4.2% — USD 2.25 B
  • Plastics (HS 39): 4.2% — USD 2.25 B
  • Iron & steel (HS 72): 3.4% — USD 1.69 B
  • Copper (HS 74): 2.4% — USD 1.39 B
  • Articles of iron or steel (HS 73): 2.0% — USD 1.02 B
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Top 10 Import Trading Partners of Bulgaria

As per Bulgaria shipments data, to help its industrial and energy sectors, Bulgaria's main importers are Germany, Turkey, and Romania, followed by Italy, Russia, China, and other regional partners:

  • Germany: 12.3% — USD 6.63 B
  • Turkey: 8.2% — USD 4.39 B
  • Romania: 6.8% — USD 3.64 B
  • Italy: 6.7% — USD 3.60 B
  • Russia: 6.6% — USD 3.50 B
  • China: 5.4% — USD 2.87 B
  • Greece: 4.4% — USD 2.35 B
  • Netherlands: 4.1% — USD 2.19 B
  • Poland: 3.9% — USD 2.08 B
  • Hungary: 3.5% — USD 1.86 B

What Details Contain In Bulgaria Import Data?

Every shipment arriving by land, air, or sea is included in Bulgaria’s statistical import data. Businesses and analysts may use a comprehensive statistical dataset that includes essential trade statistics to gain a thorough understanding of Bulgaria’s import sector. The information helps customers assess trade flows, identify new possibilities, and follow supplier trends by recording each shipment's route, product categorization, stated values, and more. An essential resource for making well-informed decisions, whether assessing competition or broadening market reach, is Bulgaria’s import statistics. Usually, the statistical dataset consists of:

  • Date 
  • HS Code
  • HS Code Description
  • Total Value in USD
  • FOB Value
  • Quantity
  • Weight
  • Way of Transport
  • Destination Country
  • Import Country
  • Port of Loading
  • Port of Unloading

Benefits of Bulgaria Import data in your business

  • Gain a competitive edge by benchmarking competitors, finding new suppliers, and thoroughly understanding your industry using Bulgaria’s import statistical data.
  • Investigate International Markets: Examine Bulgaria's purchasing trends to identify potential import markets for your goods.
  • Data-Driven Decisions: Make defensible decisions supported by up-to-date, transparent shipping data.
  • Reduce Risks: Before signing contracts, review shipping history and look for any possible warning signs.
  • Reliable and Accurate: High accuracy is ensured by the data's sourcing from official customs records.
  • Competitor insights: Keep tabs on where and how rivals obtain their goods.
  • Smart Pricing: To create effective pricing strategies, use actual transaction values.

 

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