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Bulgaria

Bulgaria ranked No. 85 in total trade value through February with a total of $250.1 million. Exports totaled $84.5 million and Imports totaled $165.6 million, a deficit of $81.1 million.

January – February 2019

Top Trading Ports

Total Trade: $250.1 million

RankPortTotal YTD
1Port of Houston $47,925,806
2Port of Newark $30,783,889
3Port of Vancouver, Wash. $28,782,245
4Port of New Orleans $19,862,724
5Chicago O’Hare International Airport $11,708,129
6Cleveland’s Hopkins International Airport, Ohio $11,452,995
7Boston’s Logan International Airport $8,939,991
8Port of Savannah, Ga. $8,110,421
9Port of Virginia $7,789,542
10John F. Kennedy International Airport $7,512,262

U.S. trade with Bulgaria rose to $250.1 million through February

Bulgaria’s trade with the United States rose to $250.1 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 43.74 percent above its total trade during the same time period last year. Bulgaria’s exports increased 92.81 percent while imports rose 27.22 percent. The U.S. deficit with Bulgaria was $81.1 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 Port of Newark; No. 3 Port of Vancouver, Wash.; No. 4 Port of New Orleans; and No. 5 Chicago O’Hare International Airport. During the same period the previous year, the top five were No. 1 Port of Newark No. 2 Port of Virginia No. 3 Port of Savannah, Ga. No. 4 John F. Kennedy International Airport and No. 5 Chicago O’Hare International Airport. In the current time period, the top five accounted for 55.6 percent of Bulgaria’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston rose 521.15 percent to $47.93 million.
    Exports rose 238.52 percent to $10.82 million. Imports rose 720.93 percent to $37.11 million.
  • Trade with No. 2 Port of Newark rose 8.96 percent to $30.78 million.
    Exports rose 15.38 percent to $1.85 million. Imports rose 8.57 percent to $28.93 million.
  • Trade with No. 3 Port of Vancouver, Wash. totaled $28.78 million.
    Exports totaled $28.78 million. There were no imports.
  • Trade with No. 4 Port of New Orleans rose 478.93 percent to $19.86 million.
    Exports fell 4.13 percent to $855,458. Imports rose 648.73 percent to $19.01 million.
  • Trade with No. 5 Chicago O’Hare International Airport rose 12.48 percent to $11.71 million.
    Exports fell 13.78 percent to $2.33 million. Imports rose 21.67 percent to $9.38 million.

Bulgaria ranked No. 85 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 91.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Bulgaria by value through February were the categories of Copper ores and concentrates; Tractors; Seamless iron tubes and pipes; Computer chips; and Miscellaneous machines, parts, respectively. They accounted for 52.79 percent of total exports to Bulgaria.

The value of the top five categories of U.S. imports from Bulgaria –– Iron and steel bars, hot-worked; Gasoline, other fuels; Essential oil resins; Medical instruments for surgeons, dentists, vets; and Sunflower seeds –– accounted for 36.69 percent of all inbound shipments.

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

  • Copper ores and concentrates totaled $28.78 million. The previous year, there were no exports in this category.
  • Tractors rose 101.72 percent compared to last year to $5.16 million.
  • Seamless iron tubes and pipes rose 173569 percent compared to last year to $4.99 million.
  • Computer chips rose 12.55 percent compared to last year to $3.3 million.
  • Miscellaneous machines, parts rose 172.04 percent compared to last year to $2.38 million.

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

  • Iron and steel bars, hot-worked totaled $22.61 million. The previous year, there were no imports in this category.
  • Gasoline, other fuels totaled $15.49 million. The previous year, there were no imports in this category.
  • Essential oil resins rose 61.21 percent compared to last year to $10.96 million.
  • Medical instruments for surgeons, dentists, vets rose 357.19 percent compared to last year to $7.35 million.
  • Sunflower seeds rose 7.43 percent compared to last year to $4.34 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.