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Bulgaria

Bulgaria ranked No. 87 in total trade value through October with a total of $1.16 billion. Exports totaled $314.22 million and Imports totaled $846.9 million, a deficit of $532.69 million.

January – October 2018

Top Trading Ports

Total Trade: $1.16 billion

RankPortTotal YTD
1Chicago O’Hare International Airport $162,069,656
2Port of Newark $154,360,040
3Port of Houston $118,110,165
4Cleveland’s Hopkins International Airport, Ohio $51,503,383
5John F. Kennedy International Airport $51,225,092
6Port of Savannah, Ga. $50,523,324
7Port of Virginia $47,799,279
8Boston’s Logan International Airport $40,763,453
9Port of Los Angeles $32,528,548
10Port of New Orleans $29,423,274

U.S. trade with Bulgaria rose to $1.16 billion through October

Bulgaria’s trade with the United States rose to $1.16 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 37.63 percent above its total trade during the same time period last year. Bulgaria’s exports increased 4.52 percent while imports rose 55.96 percent. The U.S. deficit with Bulgaria was $532.69 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Chicago O’Hare International Airport; No. 2 Port of Newark; No. 3 Port of Houston; No. 4 Cleveland’s Hopkins International Airport, Ohio; and No. 5 John F. Kennedy International Airport. During the same period the previous year, the top five were No. 1 Port of Newark No. 2 Miami International Airport No. 3 John F. Kennedy International Airport No. 4 Port of Savannah, Ga. and No. 5 Chicago O’Hare International Airport. In the current time period, the top five accounted for 46.27 percent of Bulgaria’s U.S. trade.

Among those top five:

  • Trade with No. 1 Chicago O’Hare International Airport rose 225.5 percent to $162.07 million.
    Exports fell 12.42 percent to $8.95 million. Imports rose 286.92 percent to $153.12 million.
  • Trade with No. 2 Port of Newark rose 20.11 percent to $154.36 million.
    Exports rose 124.24 percent to $12.62 million. Imports rose 15.34 percent to $141.74 million.
  • Trade with No. 3 Port of Houston rose 259.96 percent to $118.11 million.
    Exports rose 170.15 percent to $52.6 million. Imports rose 391.04 percent to $65.51 million.
  • Trade with No. 4 Cleveland’s Hopkins International Airport, Ohio rose 18.98 percent to $51.5 million.
    Exports rose 41.12 percent to $32.33 million. Imports fell 5.92 percent to $19.17 million.
  • Trade with No. 5 John F. Kennedy International Airport fell 4.76 percent to $51.23 million.
    Exports fell 14.82 percent to $9.91 million. Imports fell 1.99 percent to $41.32 million.

Bulgaria ranked No. 87 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 94.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Bulgaria by value through October were the categories of Civilian aircraft, parts; Petroleum products; Motor vehicles for transporting people; Tractors; and Computer chips, respectively. They accounted for 33.67 percent of total exports to Bulgaria.

The value of the top five categories of U.S. imports from Bulgaria –– Medicines in individual dosages; Gasoline, other fuels; Essential oil resins; Medical instruments for surgeons, dentists, vets; and Men’s or boys’ slacks, suits, not knit –– accounted for 33.68 percent of all inbound shipments.

Looking more closely at U.S. exports to Bulgaria:

  • Civilian aircraft, parts rose 43.7 percent compared to last year to $34.01 million.
  • Petroleum products rose 77.63 percent compared to last year to $20.14 million.
  • Motor vehicles for transporting people rose 135.25 percent compared to last year to $18.62 million.
  • Tractors rose 9.24 percent compared to last year to $17.02 million.
  • Computer chips fell 2.07 percent compared to last year to $15.99 million.

Looking more closely at U.S. imports from Bulgaria:

  • Medicines in individual dosages rose 8189.64 percent compared to last year to $114.74 million.
  • Gasoline, other fuels totaled $73.56 million. The previous year, there were no imports in this category.
  • Essential oil resins rose 25.47 percent compared to last year to $36.11 million.
  • Medical instruments for surgeons, dentists, vets rose 186.59 percent compared to last year to $35.37 million.
  • Men’s or boys’ slacks, suits, not knit rose 15.34 percent compared to last year to $25.48 million.

In the latest annual figures available, Bulgaria recorded $1.04 billion in trade with the United States. At year’s end, its were New York City; Miami; Atlanta/Savannah; Cleveland; and Chicago. Total U.S. exports to Bulgaria were $ 381.91 million and imports from Bulgaria were $659.03 million. The U.S. deficit with Bulgaria was $277.12 million.