2022
Exports
$22.3MWorld Rnk 26 / 133
Flag Rnk 288 / 1211
2022
PRODUCT COMPLEXITY IN Weapons Parts and Accessories
0.47Rnk 374 / 1025
2022
Imports
$5.44MWorld Rnk 49 / 186
Flag Rnk 669 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $22.3M in Weapons Parts and Accessories, making it the 26th largest exporter of Weapons Parts and Accessories in the world. At the same year, Weapons Parts and Accessories was the 288th most exported product in Bulgaria. The main destination of Weapons Parts and Accessories exports from Bulgaria are: Germany ($13.7M), Nigeria ($3.45M), United States ($1.9M), Morocco ($1.66M), and Austria ($407k).

The fastest growing export markets for Weapons Parts and Accessories of Bulgaria between 2021 and 2022 were Nigeria ($2.61M), Germany ($1.9M), and Morocco ($1.66M).

Imports In 2022, Bulgaria imported $5.44M in Weapons Parts and Accessories, becoming the 49th largest importer of Weapons Parts and Accessories in the world. At the same year, Weapons Parts and Accessories was the 669th most imported product in Bulgaria. Bulgaria imports Weapons Parts and Accessories primarily from: Germany ($2.59M), Turkey ($1.88M), Czechia ($194k), Norway ($151k), and United States ($145k).

The fastest growing import markets in Weapons Parts and Accessories for Bulgaria between 2021 and 2022 were Turkey ($788k), Czechia ($145k), and Norway ($114k).

Latest Trends

Oct 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 Weapons Parts and Accessories. 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)$22.3M
IMPORTS (2022)$5.44M
NET TRADE (2022)$16.9M

In 2022, Bulgaria exported $22.3M in Weapons Parts and Accessories. The main destinations of Bulgaria exports on Weapons Parts and Accessories were Germany ($13.7M), Nigeria ($3.45M), United States ($1.9M), Morocco ($1.66M), and Austria ($407k).

In 2022, Bulgaria imported $5.44M in Weapons Parts and Accessories, mainly from Germany ($2.59M), Turkey ($1.88M), Czechia ($194k), Norway ($151k), and United States ($145k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Weapons Parts and Accessories EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Nigeria$2.61M (309%)
Germany$1.9M (16.1%)
Morocco$1.66M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Weapons Parts and Accessories BY Bulgaria WERE (2021 - 2022):
United States-$1.15M (-37.8%)
Kazakhstan-$283k (-100%)
Poland-$260k (-74.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Weapons Parts and Accessories were:
In 2022, Bulgaria's main importing competitors in Weapons Parts and Accessories were:

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Trade Value of Weapons Parts and Accessories by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.66M
TOP IMPORT POTENTIALUnited States+ $177k

Weapons Parts and Accessories’s highest export potential is United States. With an export gap of $1.66M.   Weapons Parts and Accessories’s highest import potential is United States with an import gap of $177k.

See methodology.

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