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Overview:
In 2013, the value of merchandise exports of Bulgaria increased substantially by 10.5 percent to reach 29.5 bln US$, while its merchandise
imports increased slightly by 4.8 percent to reach 34.3 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a
relatively small deficit of 4.8 bln US$ (see graph 1). The largest merchandise trade balance was with MDG CIS at -5.8 bln US$ (see graph 4).
Merchandise exports in Bulgaria were diversified amongst partners; imports were also diversified. The top 22 partners accounted for 80
percent or more of exports and 15 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services
of Bulgaria decreased slightly by 0.9 percent, reaching 7.4 bln US$, while its imports of services increased slightly by 3.8 percent and reached
4.4 bln US$ (see graph 2). There was a moderate trade in services surplus of 3.0 bln US$.
40
Imports
Trade Balance
Exports
30
20
10
10
20
30
40
Imports
Trade Balance
(na)
Exports Profile:
"Goods classified chiefly by material" (SITC section 6), "machinery and
transport equipment" (SITC section 7) and "mineral fuels, lubricants"
(SITC section 3) were the largest commodity groups for exports in 2013
representing respectively 22.0, 17.6 and 14.7 percent of exported goods
(see table 2). From 2011 to 2013, the largest export commodity was
"petroleum oils, other than crude" (HS code 2710) (see table 1). The top
three destinations for merchandise exports were Germany, Turkey and
Italy, accounting for respectively 11.5, 9.0 and 8.6 percent of total
exports. "Travel" (EBOPS code 236) accounted for the largest share of
exports of services in 2012 at 3.7 bln US$, followed by "Transportation"
(EBOPS code 205) at 1.4 bln US$ and "Other business services" (EBOPS
code 268) at 933.0 mln US$ (see graph 3).
13
12
20
11
20
10
20
09
20
08
20
07
20
06
20
05
20
04
20
03
20
02
20
01
20
00
20
20
13
12
20
11
20
10
20
09
20
08
20
07
20
06
20
05
20
04
20
03
20
02
20
01
20
20
20
00
(na)
Travel ( 50.8 %)
Transportation
( 19.3 %)
Other business
( 12.6 %)
Remaining ( 9.1 %)
Computer &
information ( 8.1 %)
2011
28 165.2
3 028.3
1 839.6
864.4
577.5
813.3
624.7
676.3
602.2
425.9
263.3
26 698.8
3 752.2
1 630.4
658.0
716.6
610.5
649.3
507.3
500.9
355.0
375.8
29 512.3
3 855.2
1 479.7
1 028.1
950.8
678.6
780.7
741.8
452.9
374.2
368.5
Unit value
2011 2012 2013
Unit
SITC
code
0.8
6.5
10.9
0.3
0.9
8.0
9.4
0.3
0.8
7.4
8.5
0.3
US$/kg
US$/kg
US$/kg
US$/kg
49.8
0.6
67.2
14.8
2.0
41.1
0.7
65.6
13.2
1.8
52.5
0.6
59.0
13.8
1.6
US$/kg
US$/kg
US$/MWh
US$/kg
US$/kg
334
682
682
041
931
542
222
351
773
283
Bulgaria
Services Imports and Exports: EBOPS 2002 categories
10.5
23.3
8.5
0.7
9.0
7.7
18.7
8.5
8.5
100.0
13.4
9.3
14.7
8.0
22.0
17.6
12.4
2.4
34 306.8
2 864.0
3 297.6
7 903.2
4 041.5
5 373.2
7 659.5
2 129.7
1 038.2
Transportation
( 29.0 %)
Other business
( 21.3 %)
Remaining ( 20.0 %)
Exports
(Herfindahl Index = 0.051)
Top
partner
10
80
60
40
20
20
80
0%
25 th
25 th
20 th
20 th
15 th
0%
15 th
10 th
10 th
5 th
5 th
10
15
10
0
1
5
1
Travel ( 29.8 %)
100.0
8.3
9.6
23.0
11.8
15.7
22.3
6.2
3.0
Imports
(Herfindahl Index = 0.072)
Top
partner
(% share in 2012)
4.8
8.0
7.8
-2.9
10.2
8.3
2.5
13.9
13.3
Developed AsiaPacific
Developed Europe
Developed N. America
Southeastern Europe
CIS
Northern Africa
SubSaharan Africa
Latin Am, Caribbean
Eastern Asia
Southern Asia
Southeastern Asia
Western Asia
Oceania
10.1
7.0
21.0
13.9
11.9
8.2
7.3
4.6
5.1
SITC
Code
Description
Total All commodities
0+1 Food, animals + beverages, tobacco
2+4 Crude materials + anim. & veg. oils
3 Mineral fuels, lubricants
5 Chemicals
6 Goods classified chiefly by material
7 Machinery and transport equipment
8 Miscellaneous manufactured articles
9 Not classified elsewhere in the SITC
2013
share
2013
40
15.6
16.3
20.1
20.3
17.4
14.7
16.9
7.1
19.9
SITC
Total
0+1
2+4
3
5
6
7
8
9
60
29 512.3
3 965.3
2 747.2
4 346.2
2 374.7
6 494.5
5 197.7
3 672.3
714.3
2013
share
0%
2013
20
SITC
Total
0+1
2+4
3
5
6
7
8
9
SITC Legend
Imports Profile:
"Mineral fuels, lubricants" (SITC section 3), "machinery and transport
equipment" (SITC section 7) and "goods classified chiefly by material" (SITC
section 6) were the largest commodity groups for imports in 2013
representing respectively 23.0, 22.3 and 15.7 percent of imported goods
(see table 3). From 2011 to 2013, the largest import commodity was
"petroleum oils and oils obtained from bituminous minerals, crude" (HS
code 2709) (see table 4). The top three partners for merchandise imports
were the Russian Federation, Germany and Italy, accounting for
respectively 19.0, 11.0 and 7.1 percent of total imports. "Travel" (EBOPS
code 236) accounted for the largest share of imports of services in 2012
at 1.3 bln US$, followed by "Transportation" (EBOPS code 205) at 1.3 bln
US$ and "Other business services" (EBOPS code 268) at 932.3 mln US$
(see graph 6).
2011
32 493.6
4 022.5
1 772.2
1 585.5
1 310.1
947.6
870.7
651.7
480.1
441.6
407.4
32 743.1
4 753.7
1 577.3
1 496.5
1 402.8
885.7
907.4
595.0
794.1
380.6
463.8
Unit value
2011 2012 2013
Unit
34 306.8
US$/kg
4 486.4 0.8 0.8 0.8
US$/kg
1 950.4 2.1 2.1 1.9
US$/kg
1 709.7 0.9 0.9 0.9
US$/kg
1 282.8 0.5 0.6 0.6
US$/kg
1 001.9 62.5 52.4 62.6
1 028.5
761.2
9.1 10.2 thsd US$/unit
162.9
443.8
US$/kg
374.3 7.8 7.2 6.7
SITC
code
333
283
334
343
542
931
781
776
764
288