2022
Exports
$1.49MWorld Rnk 34 / 92
Flag Rnk 736 / 1211
2022
PRODUCT COMPLEXITY IN Looms
0.9Rnk 209 / 1025
2022
Imports
$590kWorld Rnk 88 / 159
Flag Rnk 997 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $1.49M in Looms, making it the 34th largest exporter of Looms in the world. At the same year, Looms was the 736th most exported product in Bulgaria. The main destination of Looms exports from Bulgaria are: Turkey ($1.21M), Iran ($261k), Serbia ($17.8k), and Netherlands ($253).

The fastest growing export markets for Looms of Bulgaria between 2021 and 2022 were Turkey ($934k), Iran ($261k), and Serbia ($17.8k).

Imports In 2022, Bulgaria imported $590k in Looms, becoming the 88th largest importer of Looms in the world. At the same year, Looms was the 997th most imported product in Bulgaria. Bulgaria imports Looms primarily from: Turkey ($210k), Germany ($116k), Switzerland ($112k), Italy ($62.1k), and China ($51.2k).

The fastest growing import markets in Looms for Bulgaria between 2021 and 2022 were Germany ($116k), Switzerland ($112k), and China ($39.1k).

Latest Trends

Oct 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 Looms. 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)$1.49M
IMPORTS (2022)$590k
NET TRADE (2022)$901k

In 2022, Bulgaria exported $1.49M in Looms. The main destinations of Bulgaria exports on Looms were Turkey ($1.21M), Iran ($261k), Serbia ($17.8k), and Netherlands ($253).

In 2022, Bulgaria imported $590k in Looms, mainly from Turkey ($210k), Germany ($116k), Switzerland ($112k), Italy ($62.1k), and China ($51.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Looms EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Turkey$934k (336%)
Iran$261k (1%)
Serbia$17.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Looms BY Bulgaria WERE (2021 - 2022):
Greece-$260k (-100%)
Armenia-$160k (-100%)
Norway-$478 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Looms were:
In 2022, Bulgaria's main importing competitors in Looms were:
India $694M
China $284M

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Trade Value of Looms by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $308k
TOP IMPORT POTENTIALChina+ $68.9k

Looms’s highest export potential is Turkey. With an export gap of $308k.   Looms’s highest import potential is China with an import gap of $68.9k.

See methodology.

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