2022
Exports
$3.3MWorld Rnk 31 / 160
Flag Rnk 598 / 1211
2022
PRODUCT COMPLEXITY IN Metalworking Machines
1.92Rnk 9 / 1025
2022
Imports
$5.93MWorld Rnk 50 / 212
Flag Rnk 654 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $3.3M in Metalworking Machines, making it the 31st largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 598th most exported product in Bulgaria. The main destination of Metalworking Machines exports from Bulgaria are: Germany ($1.49M), Russia ($274k), Romania ($243k), Netherlands ($233k), and United Kingdom ($145k).

The fastest growing export markets for Metalworking Machines of Bulgaria between 2021 and 2022 were United Kingdom ($145k), Romania ($98.8k), and Estonia ($77.2k).

Imports In 2022, Bulgaria imported $5.93M in Metalworking Machines, becoming the 50th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 654th most imported product in Bulgaria. Bulgaria imports Metalworking Machines primarily from: Germany ($2M), Turkey ($1.48M), Italy ($651k), China ($455k), and Netherlands ($222k).

The fastest growing import markets in Metalworking Machines for Bulgaria between 2021 and 2022 were Germany ($443k), Belarus ($177k), and China ($107k).

Latest Trends

Sep 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 Metalworking 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)$3.3M
IMPORTS (2022)$5.93M
NET TRADE (2022)-$2.63M

In 2022, Bulgaria exported $3.3M in Metalworking Machines. The main destinations of Bulgaria exports on Metalworking Machines were Germany ($1.49M), Russia ($274k), Romania ($243k), Netherlands ($233k), and United Kingdom ($145k).

In 2022, Bulgaria imported $5.93M in Metalworking Machines, mainly from Germany ($2M), Turkey ($1.48M), Italy ($651k), China ($455k), and Netherlands ($222k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
United Kingdom$145k (1%)
Romania$98.8k (68.8%)
Estonia$77.2k (10.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Bulgaria WERE (2021 - 2022):
Russia-$359k (-56.7%)
Turkey-$355k (-91.7%)
Italy-$240k (-67%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Metalworking Machines were:
In 2022, Bulgaria's main importing competitors in Metalworking Machines were:

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Trade Value of Metalworking Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $108k
TOP IMPORT POTENTIALChina+ $293k

Metalworking Machines’s highest export potential is Russia. With an export gap of $108k.   Metalworking Machines’s highest import potential is China with an import gap of $293k.

See methodology.

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