HS Icon Valves in  Flag Bulgaria

2020
Exports | Imports
: $239M | $194M, World Rnk 37 / 220
Flag Rnk 30 / 1199 | World Rnk 58 / 226
Flag Rnk 32 / 1203

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $34.7M | $2.69M, Poland |  Netherlands

2020
ECONOMIC COMPLEXITY of Bulgaria
: 0.52, Rnk 41 / 127

2020
PRODUCT COMPLEXITY  IN Valves
: 1.41, Rnk 73 / 1029

Exports In 2020, Bulgaria exported $239M in Valves, making it the 37th largest exporter of Valves in the world. At the same year, Valves was the 30th most exported product in Bulgaria. The main destination of Valves exports from Bulgaria are: Poland ($47.2M), Italy ($37.4M), Germany ($34.4M), Denmark ($21.9M), and France ($15.6M).

The fastest growing export markets for Valves of Bulgaria between 2019 and 2020 were Poland ($34.7M), Denmark ($7.41M), and Italy ($3.45M).

Imports In 2020, Bulgaria imported $194M in Valves, becoming the 58th largest importer of Valves in the world. At the same year, Valves was the 32nd most imported product in Bulgaria. Bulgaria imports Valves primarily from: Germany ($46.3M), Italy ($43.9M), China ($33M), Hungary ($8.41M), and Turkey ($7.6M).

The fastest growing import markets in Valves for Bulgaria between 2019 and 2020 were Netherlands ($2.69M), Hungary ($2.65M), and Poland ($2.14M).

Tariffs In 2006, the average tariff for Bulgaria in Valves was 2.41%. The countries with the highest import tariffs for Valves were Angola (Most Favoured Nation duty rate treatement, 2.8%), Burundi (Most Favoured Nation duty rate treatement, 2.8%), Benin (Most Favoured Nation duty rate treatement, 2.8%), Burkina Faso (Most Favoured Nation duty rate treatement, 2.8%), and Botswana (Most Favoured Nation duty rate treatement, 2.8%).

Subnational Monthly Trade

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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

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EXPORTS (2020): $239M

IMPORTS (2020): $194M

NET TRADE (2020): $45M

In 2020, Bulgaria exported $239M in Valves. The main destinations of Bulgaria exports on Valves were Poland ($47.2M), Italy ($37.4M), Germany ($34.4M), Denmark ($21.9M), and France ($15.6M).

In 2020, Bulgaria imported $194M in Valves, mainly from Germany ($46.3M), Italy ($43.9M), China ($33M), Hungary ($8.41M), and Turkey ($7.6M).

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Flow

THE FASTEST GROWING Valves EXPORT MARKETS FOR Bulgaria WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Bulgaria WERE (2019 - 2020):

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Market Concentration

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In 2020, Bulgaria's main exporting competitors in Valves were:

In 2020, Bulgaria's main importing competitors in Valves were:

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