Key Market Indicators
The Bulgarian market for aircraft parts is projected to increase by 2.8% year-on-year on average between 2021 and 2026. In 2021, Bulgaria placed 57th in terms of imports of aircraft parts with $37 million, overtaken by Sri Lanka with $37 million. France, Germany, and Singapore placed second, third, and fourth respectively. Exports of aircraft parts from Bulgaria are projected to grow by 3% year-on-year on average between 2021 and 2026. In 2021, Bulgaria was 58th in exports of aircraft parts with $10 million, behind Ukraine with $10 million. Germany, Singapore and France placed second, third, and fourth respectively. Between 2001 and 2021, imports to Bulgaria rose by 15% year-on-year, while exports grew by 18%.