2022
Exports
$1.61BWorld Rnk 41 / 226
Flag Rnk 7 / 96
2022
PRODUCT COMPLEXITY IN Cars, tractors, trucks & parts thereof.
1Rnk 170 / 1025
2022
Imports
$3.7BWorld Rnk 57 / 226
Flag Rnk 4 / 96
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $1.61B in Cars, tractors, trucks & parts thereof., making it the 41st largest exporter of Cars, tractors, trucks & parts thereof. in the world. At the same year, Cars, tractors, trucks & parts thereof. was the 7th most exported product in Bulgaria. The main destination of Cars, tractors, trucks & parts thereof. exports from Bulgaria are: Germany ($521M), Romania ($204M), Belgium ($153M), Austria ($137M), and Turkey ($63.9M).

The fastest growing export markets for Cars, tractors, trucks & parts thereof. of Bulgaria between 2021 and 2022 were Austria ($81.4M), Belgium ($47.6M), and Turkey ($35.7M).

Imports In 2022, Bulgaria imported $3.7B in Cars, tractors, trucks & parts thereof., becoming the 57th largest importer of Cars, tractors, trucks & parts thereof. in the world. At the same year, Cars, tractors, trucks & parts thereof. was the 4th most imported product in Bulgaria. Bulgaria imports Cars, tractors, trucks & parts thereof. primarily from: Germany ($915M), France ($298M), Italy ($249M), China ($238M), and Turkey ($229M).

The fastest growing import markets in Cars, tractors, trucks & parts thereof. for Bulgaria between 2021 and 2022 were Germany ($143M), France ($95M), and China ($65.5M).

Latest Trends

Sep 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 Cars, tractors, trucks & parts thereof.. 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)$1.61B
IMPORTS (2022)$3.7B
NET TRADE (2022)-$2.09B

In 2022, Bulgaria exported $1.61B in Cars, tractors, trucks & parts thereof.. The main destinations of Bulgaria exports on Cars, tractors, trucks & parts thereof. were Germany ($521M), Romania ($204M), Belgium ($153M), Austria ($137M), and Turkey ($63.9M).

In 2022, Bulgaria imported $3.7B in Cars, tractors, trucks & parts thereof., mainly from Germany ($915M), France ($298M), Italy ($249M), China ($238M), and Turkey ($229M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars, tractors, trucks & parts thereof. EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Austria$81.4M (147%)
Belgium$47.6M (45%)
Turkey$35.7M (127%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars, tractors, trucks & parts thereof. BY Bulgaria WERE (2021 - 2022):
Germany-$53.2M (-9.27%)
Denmark-$14.5M (-46.2%)
France-$8.05M (-18.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Cars, tractors, trucks & parts thereof. were:
In 2022, Bulgaria's main importing competitors in Cars, tractors, trucks & parts thereof. were:

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Trade Value of Cars, tractors, trucks & parts thereof. by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $79.1M
TOP IMPORT POTENTIALGermany+ $149M

Cars, tractors, trucks & parts thereof.’s highest export potential is Germany. With an export gap of $79.1M.   Cars, tractors, trucks & parts thereof.’s highest import potential is Germany with an import gap of $149M.

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