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Bulgaria

Bulgaria ranked No. 87 in total trade value through August with a total of $953.75 million. Exports totaled $343.21 million and Imports totaled $610.54 million, a deficit of $267.33 million.

January – August 2019

Top Trading Ports

Total Trade: $953.75 million

RankPortTotal YTD
1Port of Newark $129,661,341
2Port of Houston $107,182,195
3Port of Vancouver, Wash. $62,083,719
4Cleveland’s Hopkins International Airport, Ohio $53,594,544
5Boston’s Logan International Airport $46,932,672
6Chicago O’Hare International Airport $43,960,032
7Port of New Orleans $43,387,134
8John F. Kennedy International Airport $41,797,339
9Port of Savannah, Ga. $40,847,418
10Port of Virginia $37,282,994

U.S. trade with Bulgaria rose to $953.75 million through August

Bulgaria’s trade with the United States rose to $953.75 million through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 6.63 percent above its total trade during the same time period last year. U.S. exports to Bulgaria increased 71.03 percent while U.S. imports from Bulgaria fell 12 percent. The U.S. deficit with Bulgaria was $267.33 million.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Newark; No. 2 Port of Houston; No. 3 Port of Vancouver, Wash.; No. 4 Cleveland’s Hopkins International Airport, Ohio; and No. 5 Boston’s Logan International Airport. During the same period the previous year, the top five 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 Port of Virginia. In the current time period, the top five accounted for 41.88 percent of Bulgaria’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 5 percent to $129.66 million.
    Exports fell 40.67 percent to $6.1 million. Imports rose 9.15 percent to $123.56 million.
  • Trade with No. 2 Port of Houston rose 41.82 percent to $107.18 million.
    Exports rose 112.83 percent to $54.2 million. Imports rose 5.73 percent to $52.98 million.
  • Trade with No. 3 Port of Vancouver, Wash. totaled $62.08 million.
    Exports totaled $62.08 million. There were no imports.
  • Trade with No. 4 Cleveland’s Hopkins International Airport, Ohio rose 30.32 percent to $53.59 million.
    Exports rose 8.02 percent to $29.58 million. Imports rose 74.75 percent to $24.01 million.
  • Trade with No. 5 Boston’s Logan International Airport rose 90.96 percent to $46.93 million.
    Exports rose 6.95 percent to $3.19 million. Imports rose 102.56 percent to $43.74 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. 88.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Bulgaria by value through August were the categories of Copper ores and concentrates; Oil; Tractors; Civilian aircraft, parts; and Motor vehicles for transporting people, respectively. They accounted for 42.77 percent of total exports to Bulgaria.

The value of the top five categories of U.S. imports from Bulgaria –– Medical instruments for surgeons, dentists, vets; Iron and steel bars, hot-worked; Essential oil resins; Sunflower seeds; and General medical equipment –– accounted for 23.66 percent of all inbound shipments.

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

  • Copper ores and concentrates totaled $62.08 million. The previous year, there were no exports in this category.
  • Oil totaled $30.34 million. The previous year, there were no exports in this category.
  • Tractors rose 146.14 percent compared to last year to $24.34 million.
  • Civilian aircraft, parts rose 25.33 percent compared to last year to $15.52 million.
  • Motor vehicles for transporting people rose 4.58 percent compared to last year to $14.5 million.

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

  • Medical instruments for surgeons, dentists, vets rose 146.84 percent compared to last year to $48.95 million.
  • Iron and steel bars, hot-worked rose 114.38 percent compared to last year to $32.89 million.
  • Essential oil resins rose 23.53 percent compared to last year to $23.51 million.
  • Sunflower seeds rose 29.55 percent compared to last year to $21.31 million.
  • General medical equipment rose 44.38 percent compared to last year to $17.81 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.