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Bulgaria

Bulgaria ranked No. 85 in total trade value through March with a total of $394.37 million. Exports totaled $148.29 million and Imports totaled $246.07 million, a deficit of $97.78 million.

January – March 2019

Top Trading Ports

Total Trade: $394.37 million

RankPortTotal YTD
1Port of Houston $54,529,421
2Port of Newark $47,254,081
3Port of Vancouver, Wash. $46,276,450
4Port of New Orleans $26,825,588
5Cleveland’s Hopkins International Airport, Ohio $19,943,402
6Port of Baltimore, Md. $18,106,362
7Chicago O’Hare International Airport $16,880,020
8Port of Savannah, Ga. $15,147,869
9Boston’s Logan International Airport $15,130,428
10Port of Virginia $14,946,605

U.S. trade with Bulgaria rose to $394.37 million through March

Bulgaria’s trade with the United States rose to $394.37 million through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 26.92 percent above its total trade during the same time period last year. Bulgaria’s exports increased 101.94 percent while imports rose 3.7 percent. The U.S. deficit with Bulgaria was $97.78 million.

Through March, 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 Cleveland’s Hopkins International Airport, Ohio. 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 Virginia No. 4 John F. Kennedy International Airport and No. 5 Port of Savannah, Ga.. In the current time period, the top five accounted for 49.4 percent of Bulgaria’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston rose 385.38 percent to $54.53 million.
    Exports rose 279.01 percent to $16.05 million. Imports rose 449.7 percent to $38.48 million.
  • Trade with No. 2 Port of Newark rose 7.37 percent to $47.25 million.
    Exports fell 14.46 percent to $2.52 million. Imports rose 8.94 percent to $44.73 million.
  • Trade with No. 3 Port of Vancouver, Wash. totaled $46.28 million.
    Exports totaled $46.28 million. There were no imports.
  • Trade with No. 4 Port of New Orleans rose 389.81 percent to $26.83 million.
    Exports rose 0.73 percent to $1.57 million. Imports rose 544.44 percent to $25.26 million.
  • Trade with No. 5 Cleveland’s Hopkins International Airport, Ohio rose 46.05 percent to $19.94 million.
    Exports rose 48.43 percent to $11.95 million. Imports rose 42.63 percent to $7.99 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. 88.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 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 $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Bulgaria by value through March were the categories of Copper ores and concentrates; Tractors; Computer chips; Seamless iron tubes and pipes; and Harvesting machinery for poultry, respectively. They accounted for 50.31 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; Medical instruments for surgeons, dentists, vets; Essential oil resins; and Sunflower seeds –– accounted for 30.3 percent of all inbound shipments.

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

  • Copper ores and concentrates totaled $46.28 million. The previous year, there were no exports in this category.
  • Tractors rose 256 percent compared to last year to $13.81 million.
  • Computer chips rose 26.47 percent compared to last year to $5.42 million.
  • Seamless iron tubes and pipes rose 58717 percent compared to last year to $4.99 million.
  • Harvesting machinery for poultry rose 140.69 percent compared to last year to $4.1 million.

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

  • Iron and steel bars, hot-worked totaled $27.75 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.
  • Medical instruments for surgeons, dentists, vets rose 210.02 percent compared to last year to $12.82 million.
  • Essential oil resins rose 48.71 percent compared to last year to $11.57 million.
  • Sunflower seeds rose 16.28 percent compared to last year to $6.93 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.