2022
Exports
$209MWorld Rnk 26 / 194
Flag Rnk 43 / 96
2022
PRODUCT COMPLEXITY IN Railway and trams
1.48Rnk 58 / 1025
2022
Imports
$157MWorld Rnk 44 / 217
Flag Rnk 57 / 96
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $209M in Railway and trams, making it the 26th largest exporter of Railway and trams in the world. At the same year, Railway and trams was the 43rd most exported product in Bulgaria. The main destination of Railway and trams exports from Bulgaria are: Germany ($118M), Poland ($31.8M), Slovakia ($9.74M), Romania ($7.75M), and United States ($6.27M).

The fastest growing export markets for Railway and trams of Bulgaria between 2021 and 2022 were United States ($4.58M), Switzerland ($2.76M), and Romania ($1.67M).

Imports In 2022, Bulgaria imported $157M in Railway and trams, becoming the 44th largest importer of Railway and trams in the world. At the same year, Railway and trams was the 57th most imported product in Bulgaria. Bulgaria imports Railway and trams primarily from: Germany ($27M), Ukraine ($24.1M), Russia ($13.6M), Austria ($11.4M), and Romania ($11.1M).

The fastest growing import markets in Railway and trams for Bulgaria between 2021 and 2022 were Romania ($9.17M), Croatia ($5.18M), and China ($4.25M).

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 Railway and trams. 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)$209M
IMPORTS (2022)$157M
NET TRADE (2022)$52.5M

In 2022, Bulgaria exported $209M in Railway and trams. The main destinations of Bulgaria exports on Railway and trams were Germany ($118M), Poland ($31.8M), Slovakia ($9.74M), Romania ($7.75M), and United States ($6.27M).

In 2022, Bulgaria imported $157M in Railway and trams, mainly from Germany ($27M), Ukraine ($24.1M), Russia ($13.6M), Austria ($11.4M), and Romania ($11.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railway and trams EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
United States$4.58M (270%)
Switzerland$2.76M (1.19k%)
Romania$1.67M (27.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway and trams BY Bulgaria WERE (2021 - 2022):
Austria-$6.95M (-70.1%)
France-$6.23M (-70.4%)
Slovakia-$4.97M (-33.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Railway and trams were:
In 2022, Bulgaria's main importing competitors in Railway and trams were:

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Trade Value of Railway and trams by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $2.36M
TOP IMPORT POTENTIALChina+ $3.02M

Railway and trams’s highest export potential is Italy. With an export gap of $2.36M.   Railway and trams’s highest import potential is China with an import gap of $3.02M.

See methodology.

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