2022
Exports
$10.6MWorld Rnk 25 / 126
Flag Rnk 399 / 1211
2022
PRODUCT COMPLEXITY IN Casting Machines
0.63Rnk 304 / 1025
2022
Imports
$6.44MWorld Rnk 57 / 183
Flag Rnk 636 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $10.6M in Casting Machines, making it the 25th largest exporter of Casting Machines in the world. At the same year, Casting Machines was the 399th most exported product in Bulgaria. The main destination of Casting Machines exports from Bulgaria are: Mexico ($2.33M), South Korea ($1.72M), Slovakia ($1.66M), China ($1.65M), and Germany ($922k).

The fastest growing export markets for Casting Machines of Bulgaria between 2021 and 2022 were Mexico ($2.12M), Slovakia ($1.66M), and Germany ($386k).

Imports In 2022, Bulgaria imported $6.44M in Casting Machines, becoming the 57th largest importer of Casting Machines in the world. At the same year, Casting Machines was the 636th most imported product in Bulgaria. Bulgaria imports Casting Machines primarily from: China ($1.74M), Italy ($1.51M), Czechia ($852k), United States ($454k), and Hong Kong ($300k).

The fastest growing import markets in Casting Machines for Bulgaria between 2021 and 2022 were Italy ($1.09M), Czechia ($850k), and Hong Kong ($297k).

COMPANIES In 2023, leading companies such as Volkswagen (1) were at the forefront of shipping Casting Machines from Bulgaria to the United States.

Latest Trends

Nov 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Casting Machines. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.6M
IMPORTS (2022)$6.44M
NET TRADE (2022)$4.18M

In 2022, Bulgaria exported $10.6M in Casting Machines. The main destinations of Bulgaria exports on Casting Machines were Mexico ($2.33M), South Korea ($1.72M), Slovakia ($1.66M), China ($1.65M), and Germany ($922k).

In 2022, Bulgaria imported $6.44M in Casting Machines, mainly from China ($1.74M), Italy ($1.51M), Czechia ($852k), United States ($454k), and Hong Kong ($300k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Casting Machines EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Mexico$2.12M (998%)
Slovakia$1.66M (1%)
Germany$386k (72.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Casting Machines BY Bulgaria WERE (2021 - 2022):
France-$2.37M (-92.3%)
South Korea-$1.63M (-48.6%)
Czechia-$1.29M (-72.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Casting Machines were:
China $862M
Italy $360M
Japan $267M
In 2022, Bulgaria's main importing competitors in Casting Machines were:

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Trade Value of Casting Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $686k
TOP IMPORT POTENTIALChina+ $579k

Casting Machines’s highest export potential is China. With an export gap of $686k.   Casting Machines’s highest import potential is China with an import gap of $579k.

See methodology.

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