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Bulgaria

Bulgaria ranked No. 87 in total trade value through September with a total of $1.06 billion. Exports totaled $378.34 million and Imports totaled $682.19 million, a deficit of $303.85 million.

January – September 2019

Top Trading Ports

Total Trade: $1.06 billion

RankPortTotal YTD
1Port of Newark $150,797,030
2Port of Houston $109,857,670
3Port of Vancouver, Wash. $76,583,719
4Cleveland’s Hopkins International Airport, Ohio $57,924,611
5Boston’s Logan International Airport $50,602,975
6John F. Kennedy International Airport $49,714,851
7Chicago O’Hare International Airport $48,345,630
8Port of New Orleans $44,721,804
9Port of Savannah, Ga. $44,286,292
10Port of Virginia $39,321,350

U.S. trade with Bulgaria rose to $1.06 billion through September

Bulgaria’s trade with the United States rose to $1.06 billion through the first nine months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 4.27 percent above its total trade during the same time period last year. U.S. exports to Bulgaria increased 51.2 percent while U.S. imports from Bulgaria fell 11.04 percent. The U.S. deficit with Bulgaria was $303.85 million.

Through September, 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 Savannah, Ga.. In the current time period, the top five accounted for 42.03 percent of Bulgaria’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 9.53 percent to $150.8 million.
    Exports fell 43.33 percent to $6.66 million. Imports rose 14.47 percent to $144.14 million.
  • Trade with No. 2 Port of Houston rose 13.84 percent to $109.86 million.
    Exports rose 55.44 percent to $54.63 million. Imports fell 9.98 percent to $55.23 million.
  • Trade with No. 3 Port of Vancouver, Wash. rose 390.87 percent to $76.58 million.
    Exports rose 390.87 percent to $76.58 million. There were no imports.
  • Trade with No. 4 Cleveland’s Hopkins International Airport, Ohio rose 26.08 percent to $57.92 million.
    Exports rose 7.69 percent to $32.12 million. Imports rose 60.11 percent to $25.81 million.
  • Trade with No. 5 Boston’s Logan International Airport rose 69.68 percent to $50.6 million.
    Exports rose 5.84 percent to $3.51 million. Imports rose 77.65 percent to $47.1 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 $3.11 trillion, down 0.58 percent compared to the same period last year. The nation’s exports dropped 1.01 percent to $1.23 trillion; imports dropped 0.3 percent to $1.88 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 $647.62 billion, up compared to the same period of last year when the deficit was $640.85 billion.

The top five U.S. exports to Bulgaria by value through September were the categories of Copper ores and concentrates; Oil; Tractors; Motor vehicles for transporting people; and Civilian aircraft, parts, respectively. They accounted for 43.56 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 23.53 percent of all inbound shipments.

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

  • Copper ores and concentrates rose 390.87 percent compared to last year to $76.58 million.
  • Oil totaled $30.34 million. The previous year, there were no exports in this category.
  • Tractors rose 112.28 percent compared to last year to $25.02 million.
  • Motor vehicles for transporting people fell 2.07 percent compared to last year to $16.46 million.
  • Civilian aircraft, parts rose 22.92 percent compared to last year to $16.39 million.

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

  • Medical instruments for surgeons, dentists, vets rose 117.82 percent compared to last year to $55.62 million.
  • Iron and steel bars, hot-worked rose 65.52 percent compared to last year to $32.89 million.
  • Essential oil resins rose 12.68 percent compared to last year to $28.69 million.
  • Sunflower seeds rose 29.21 percent compared to last year to $23.62 million.
  • General medical equipment rose 43.02 percent compared to last year to $19.66 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.

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