2022
Exports
$710kWorld Rnk 51 / 184
Flag Rnk 858 / 1211
2022
PRODUCT COMPLEXITY IN Tool Sets
0.9Rnk 208 / 1025
2022
Imports
$4.18MWorld Rnk 58 / 218
Flag Rnk 720 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $710k in Tool Sets, making it the 51st largest exporter of Tool Sets in the world. At the same year, Tool Sets was the 858th most exported product in Bulgaria. The main destination of Tool Sets exports from Bulgaria are: Romania ($204k), Hungary ($91.8k), Greece ($76.9k), Georgia ($74.5k), and Serbia ($48.1k).

The fastest growing export markets for Tool Sets of Bulgaria between 2021 and 2022 were Hungary ($87.9k), Romania ($67k), and Turkey ($26.8k).

Imports In 2022, Bulgaria imported $4.18M in Tool Sets, becoming the 58th largest importer of Tool Sets in the world. At the same year, Tool Sets was the 720th most imported product in Bulgaria. Bulgaria imports Tool Sets primarily from: China ($1.58M), Chinese Taipei ($582k), Poland ($414k), Germany ($342k), and Netherlands ($214k).

The fastest growing import markets in Tool Sets for Bulgaria between 2021 and 2022 were China ($242k), Chinese Taipei ($196k), and Netherlands ($180k).

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 Tool Sets. 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)$710k
IMPORTS (2022)$4.18M
NET TRADE (2022)-$3.47M

In 2022, Bulgaria exported $710k in Tool Sets. The main destinations of Bulgaria exports on Tool Sets were Romania ($204k), Hungary ($91.8k), Greece ($76.9k), Georgia ($74.5k), and Serbia ($48.1k).

In 2022, Bulgaria imported $4.18M in Tool Sets, mainly from China ($1.58M), Chinese Taipei ($582k), Poland ($414k), Germany ($342k), and Netherlands ($214k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Sets EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Hungary$87.9k (2.29k%)
Romania$67k (48.9%)
Turkey$26.8k (199%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Sets BY Bulgaria WERE (2021 - 2022):
Greece-$71.1k (-48%)
Netherlands-$57.4k (-67.2%)
Uganda-$28.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Tool Sets were:
In 2022, Bulgaria's main importing competitors in Tool Sets were:

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Trade Value of Tool Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $28.6k
TOP IMPORT POTENTIALChina+ $295k

Tool Sets’s highest export potential is Netherlands. With an export gap of $28.6k.   Tool Sets’s highest import potential is China with an import gap of $295k.

See methodology.

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