2022
Exports
$4.17MWorld Rnk 45 / 180
Flag Rnk 564 / 1211
2022
PRODUCT COMPLEXITY IN Tufted Carpets
0.096Rnk 524 / 1025
2022
Imports
$16.3MWorld Rnk 55 / 215
Flag Rnk 420 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $4.17M in Tufted Carpets, making it the 45th largest exporter of Tufted Carpets in the world. At the same year, Tufted Carpets was the 564th most exported product in Bulgaria. The main destination of Tufted Carpets exports from Bulgaria are: Romania ($1.15M), Canada ($881k), Greece ($592k), Serbia ($431k), and Netherlands ($363k).

The fastest growing export markets for Tufted Carpets of Bulgaria between 2021 and 2022 were Netherlands ($348k), Serbia ($338k), and Bosnia and Herzegovina ($81.8k).

Imports In 2022, Bulgaria imported $16.3M in Tufted Carpets, becoming the 55th largest importer of Tufted Carpets in the world. At the same year, Tufted Carpets was the 420th most imported product in Bulgaria. Bulgaria imports Tufted Carpets primarily from: Belgium ($4.18M), Turkey ($3.84M), Netherlands ($2.1M), India ($1.14M), and China ($1.11M).

The fastest growing import markets in Tufted Carpets for Bulgaria between 2021 and 2022 were India ($368k), Belgium ($329k), and Italy ($246k).

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 Tufted Carpets. 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)$4.17M
IMPORTS (2022)$16.3M
NET TRADE (2022)-$12.1M

In 2022, Bulgaria exported $4.17M in Tufted Carpets. The main destinations of Bulgaria exports on Tufted Carpets were Romania ($1.15M), Canada ($881k), Greece ($592k), Serbia ($431k), and Netherlands ($363k).

In 2022, Bulgaria imported $16.3M in Tufted Carpets, mainly from Belgium ($4.18M), Turkey ($3.84M), Netherlands ($2.1M), India ($1.14M), and China ($1.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tufted Carpets EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Netherlands$348k (2.32k%)
Serbia$338k (365%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tufted Carpets BY Bulgaria WERE (2021 - 2022):
Canada-$528k (-37.5%)
Germany-$301k (-91.1%)
Greece-$209k (-26.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Tufted Carpets were:
In 2022, Bulgaria's main importing competitors in Tufted Carpets were:

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Trade Value of Tufted Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $202k
TOP IMPORT POTENTIALTurkey+ $954k

Tufted Carpets’s highest export potential is Canada. With an export gap of $202k.   Tufted Carpets’s highest import potential is Turkey with an import gap of $954k.

See methodology.

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