2022
Exports
$273MWorld Rnk 36 / 224
Flag Rnk 39 / 1211
2022
PRODUCT COMPLEXITY IN Valves
1.35Rnk 81 / 1025
2022
Imports
$253MWorld Rnk 55 / 224
Flag Rnk 43 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $273M in Valves, making it the 36th largest exporter of Valves in the world. At the same year, Valves was the 39th most exported product in Bulgaria. The main destination of Valves exports from Bulgaria are: Germany ($45.1M), Poland ($43.8M), Italy ($36.4M), France ($17.4M), and Denmark ($15.5M).

The fastest growing export markets for Valves of Bulgaria between 2021 and 2022 were Iran ($4.64M), United Kingdom ($2.33M), and Cyprus ($2.3M).

Imports In 2022, Bulgaria imported $253M in Valves, becoming the 55th largest importer of Valves in the world. At the same year, Valves was the 43rd most imported product in Bulgaria. Bulgaria imports Valves primarily from: Italy ($55.2M), Germany ($54.2M), China ($46.4M), Spain ($11.2M), and Poland ($9.69M).

The fastest growing import markets in Valves for Bulgaria between 2021 and 2022 were Cyprus ($3.93M), Hungary ($3.12M), and Italy ($1.97M).

Latest Trends

Apr 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 Valves. 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)$273M
IMPORTS (2022)$253M
NET TRADE (2022)$19.8M

In 2022, Bulgaria exported $273M in Valves. The main destinations of Bulgaria exports on Valves were Germany ($45.1M), Poland ($43.8M), Italy ($36.4M), France ($17.4M), and Denmark ($15.5M).

In 2022, Bulgaria imported $253M in Valves, mainly from Italy ($55.2M), Germany ($54.2M), China ($46.4M), Spain ($11.2M), and Poland ($9.69M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Iran$4.64M (503%)
United Kingdom$2.33M (19.4%)
Cyprus$2.3M (1.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Bulgaria WERE (2021 - 2022):
Poland-$10.1M (-18.8%)
Germany-$6.13M (-12%)
Russia-$5.63M (-47.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Valves by Exporters

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