2022
Exports
$43.3MWorld Rnk 10 / 102
Flag Rnk 204 / 1211
2022
PRODUCT COMPLEXITY IN Prepared Wool or Animal Hair
-0.87Rnk 793 / 1025
2022
Imports
$70.4MWorld Rnk 9 / 147
Flag Rnk 160 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $43.3M in Prepared Wool or Animal Hair, making it the 10th largest exporter of Prepared Wool or Animal Hair in the world. At the same year, Prepared Wool or Animal Hair was the 204th most exported product in Bulgaria. The main destination of Prepared Wool or Animal Hair exports from Bulgaria are: Italy ($22.1M), Germany ($6.58M), Egypt ($3.11M), Portugal ($2.45M), and Lithuania ($2.06M).

The fastest growing export markets for Prepared Wool or Animal Hair of Bulgaria between 2021 and 2022 were Lithuania ($1.69M), Italy ($1.22M), and Germany ($1.01M).

Imports In 2022, Bulgaria imported $70.4M in Prepared Wool or Animal Hair, becoming the 9th largest importer of Prepared Wool or Animal Hair in the world. At the same year, Prepared Wool or Animal Hair was the 160th most imported product in Bulgaria. Bulgaria imports Prepared Wool or Animal Hair primarily from: Germany ($25.6M), Italy ($18M), Czechia ($11.6M), South Africa ($6.86M), and China ($5.56M).

The fastest growing import markets in Prepared Wool or Animal Hair for Bulgaria between 2021 and 2022 were Germany ($12.5M), Italy ($3.87M), and South Africa ($1.93M).

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 Prepared Wool or Animal Hair. 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)$43.3M
IMPORTS (2022)$70.4M
NET TRADE (2022)-$27.1M

In 2022, Bulgaria exported $43.3M in Prepared Wool or Animal Hair. The main destinations of Bulgaria exports on Prepared Wool or Animal Hair were Italy ($22.1M), Germany ($6.58M), Egypt ($3.11M), Portugal ($2.45M), and Lithuania ($2.06M).

In 2022, Bulgaria imported $70.4M in Prepared Wool or Animal Hair, mainly from Germany ($25.6M), Italy ($18M), Czechia ($11.6M), South Africa ($6.86M), and China ($5.56M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Wool or Animal Hair EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Lithuania$1.69M (446%)
Italy$1.22M (5.85%)
Germany$1.01M (18.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Wool or Animal Hair BY Bulgaria WERE (2021 - 2022):
Egypt-$1.19M (-27.7%)
Austria-$953k (-48.7%)
Romania-$601k (-43.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Prepared Wool or Animal Hair were:
In 2022, Bulgaria's main importing competitors in Prepared Wool or Animal Hair were:

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Trade Value of Prepared Wool or Animal Hair by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $1.12M
TOP IMPORT POTENTIALChina+ $1.31M

Prepared Wool or Animal Hair’s highest export potential is Turkey. With an export gap of $1.12M.   Prepared Wool or Animal Hair’s highest import potential is China with an import gap of $1.31M.

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