2022
Exports
$775kWorld Rnk 49 / 109
Flag Rnk 843 / 1211
2022
PRODUCT COMPLEXITY IN Wool
-2.11Rnk 1004 / 1025
2022
Imports
$41.4MWorld Rnk 8 / 137
Flag Rnk 240 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $775k in Wool, making it the 49th largest exporter of Wool in the world. At the same year, Wool was the 843rd most exported product in Bulgaria. The main destination of Wool exports from Bulgaria are: Germany ($365k), Mauritius ($167k), Spain ($72.3k), Italy ($41k), and France ($39.9k).

The fastest growing export markets for Wool of Bulgaria between 2021 and 2022 were Spain ($52.9k), Canada ($27.1k), and France ($19k).

Imports In 2022, Bulgaria imported $41.4M in Wool, becoming the 8th largest importer of Wool in the world. At the same year, Wool was the 240th most imported product in Bulgaria. Bulgaria imports Wool primarily from: South Africa ($13.4M), New Zealand ($7.31M), Uruguay ($6.44M), Australia ($5.62M), and United States ($2.82M).

The fastest growing import markets in Wool for Bulgaria between 2021 and 2022 were South Africa ($8.82M), Australia ($4.17M), and New Zealand ($2.38M).

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 Wool. 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)$775k
IMPORTS (2022)$41.4M
NET TRADE (2022)-$40.6M

In 2022, Bulgaria exported $775k in Wool. The main destinations of Bulgaria exports on Wool were Germany ($365k), Mauritius ($167k), Spain ($72.3k), Italy ($41k), and France ($39.9k).

In 2022, Bulgaria imported $41.4M in Wool, mainly from South Africa ($13.4M), New Zealand ($7.31M), Uruguay ($6.44M), Australia ($5.62M), and United States ($2.82M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Spain$52.9k (273%)
Canada$27.1k (1%)
France$19k (90.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY Bulgaria WERE (2021 - 2022):
Italy-$285k (-87.4%)
Mauritius-$220k (-56.8%)
Belgium-$175k (-94.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Wool were:
In 2022, Bulgaria's main importing competitors in Wool were:
China $2.16B
Italy $223M
India $205M

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Trade Value of Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $54.1k
TOP IMPORT POTENTIALUnited Kingdom+ $165k

Wool’s highest export potential is Italy. With an export gap of $54.1k.   Wool’s highest import potential is United Kingdom with an import gap of $165k.

See methodology.

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