2022
Exports
$28.8MWorld Rnk 34 / 132
Flag Rnk 260 / 1211
2022
PRODUCT COMPLEXITY IN Unprocessed Synthetic Staple Fibers
0.33Rnk 430 / 1025
2022
Imports
$50MWorld Rnk 33 / 188
Flag Rnk 201 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $28.8M in Unprocessed Synthetic Staple Fibers, making it the 34th largest exporter of Unprocessed Synthetic Staple Fibers in the world. At the same year, Unprocessed Synthetic Staple Fibers was the 260th most exported product in Bulgaria. The main destination of Unprocessed Synthetic Staple Fibers exports from Bulgaria are: Romania ($7.16M), Poland ($6.07M), Germany ($3.5M), Serbia ($2.41M), and Italy ($1.15M).

The fastest growing export markets for Unprocessed Synthetic Staple Fibers of Bulgaria between 2021 and 2022 were Romania ($2.91M), Poland ($1.31M), and Germany ($1.13M).

Imports In 2022, Bulgaria imported $50M in Unprocessed Synthetic Staple Fibers, becoming the 33rd largest importer of Unprocessed Synthetic Staple Fibers in the world. At the same year, Unprocessed Synthetic Staple Fibers was the 201st most imported product in Bulgaria. Bulgaria imports Unprocessed Synthetic Staple Fibers primarily from: China ($14.9M), South Korea ($11.7M), Vietnam ($6.95M), Turkey ($2.96M), and Malaysia ($2.58M).

The fastest growing import markets in Unprocessed Synthetic Staple Fibers for Bulgaria between 2021 and 2022 were China ($8.82M), Malaysia ($1.93M), and Vietnam ($1.83M).

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 Unprocessed Synthetic Staple Fibers. 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)$28.8M
IMPORTS (2022)$50M
NET TRADE (2022)-$21.2M

In 2022, Bulgaria exported $28.8M in Unprocessed Synthetic Staple Fibers. The main destinations of Bulgaria exports on Unprocessed Synthetic Staple Fibers were Romania ($7.16M), Poland ($6.07M), Germany ($3.5M), Serbia ($2.41M), and Italy ($1.15M).

In 2022, Bulgaria imported $50M in Unprocessed Synthetic Staple Fibers, mainly from China ($14.9M), South Korea ($11.7M), Vietnam ($6.95M), Turkey ($2.96M), and Malaysia ($2.58M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unprocessed Synthetic Staple Fibers EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Romania$2.91M (68.6%)
Poland$1.31M (27.5%)
Germany$1.13M (47.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unprocessed Synthetic Staple Fibers BY Bulgaria WERE (2021 - 2022):
United Kingdom-$919k (-74.2%)
Estonia-$303k (-37.6%)
Luxembourg-$284k (-81.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Unprocessed Synthetic Staple Fibers were:
In 2022, Bulgaria's main importing competitors in Unprocessed Synthetic Staple Fibers were:

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Trade Value of Unprocessed Synthetic Staple Fibers by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $1.38M
TOP IMPORT POTENTIALTurkey+ $1.77M

Unprocessed Synthetic Staple Fibers’s highest export potential is Germany. With an export gap of $1.38M.   Unprocessed Synthetic Staple Fibers’s highest import potential is Turkey with an import gap of $1.77M.

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