2022
Exports
$262kWorld Rnk 56 / 175
Flag Rnk 983 / 1211
2022
PRODUCT COMPLEXITY IN Knotted Carpets
-1.05Rnk 848 / 1025
2022
Imports
$954kWorld Rnk 64 / 207
Flag Rnk 943 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $262k in Knotted Carpets, making it the 56th largest exporter of Knotted Carpets in the world. At the same year, Knotted Carpets was the 983rd most exported product in Bulgaria. The main destination of Knotted Carpets exports from Bulgaria are: Canada ($83.3k), United Kingdom ($77.8k), Uganda ($37.5k), Germany ($29.3k), and Romania ($13.9k).

The fastest growing export markets for Knotted Carpets of Bulgaria between 2021 and 2022 were Canada ($81.7k), United Kingdom ($77.8k), and Uganda ($37.5k).

Imports In 2022, Bulgaria imported $954k in Knotted Carpets, becoming the 64th largest importer of Knotted Carpets in the world. At the same year, Knotted Carpets was the 943rd most imported product in Bulgaria. Bulgaria imports Knotted Carpets primarily from: Romania ($192k), Germany ($146k), Turkey ($135k), Italy ($115k), and India ($102k).

The fastest growing import markets in Knotted Carpets for Bulgaria between 2021 and 2022 were Germany ($81.9k), Italy ($77.5k), and China ($69k).

Latest Trends

Jul 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 Knotted Carpets. 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)$262k
IMPORTS (2022)$954k
NET TRADE (2022)-$692k

In 2022, Bulgaria exported $262k in Knotted Carpets. The main destinations of Bulgaria exports on Knotted Carpets were Canada ($83.3k), United Kingdom ($77.8k), Uganda ($37.5k), Germany ($29.3k), and Romania ($13.9k).

In 2022, Bulgaria imported $954k in Knotted Carpets, mainly from Romania ($192k), Germany ($146k), Turkey ($135k), Italy ($115k), and India ($102k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knotted Carpets EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Canada$81.7k (5.14k%)
United Kingdom$77.8k (1%)
Uganda$37.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knotted Carpets BY Bulgaria WERE (2021 - 2022):
Denmark-$66.8k (-99.5%)
Romania-$44k (-76%)
Turkey-$8.71k (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Knotted Carpets were:
In 2022, Bulgaria's main importing competitors in Knotted Carpets were:

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Trade Value of Knotted Carpets by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $27.4k
TOP IMPORT POTENTIALIndia+ $124k

Knotted Carpets’s highest export potential is Germany. With an export gap of $27.4k.   Knotted Carpets’s highest import potential is India with an import gap of $124k.

See methodology.

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