2022
Exports
$14.2MWorld Rnk 30 / 145
Flag Rnk 359 / 1211
2022
PRODUCT COMPLEXITY IN Electrical Insulators
0.63Rnk 303 / 1025
2022
Imports
$13.5MWorld Rnk 42 / 207
Flag Rnk 460 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $14.2M in Electrical Insulators, making it the 30th largest exporter of Electrical Insulators in the world. At the same year, Electrical Insulators was the 359th most exported product in Bulgaria. The main destination of Electrical Insulators exports from Bulgaria are: Germany ($3.66M), Italy ($2.9M), Romania ($1.72M), Spain ($1.26M), and Austria ($1.07M).

The fastest growing export markets for Electrical Insulators of Bulgaria between 2021 and 2022 were Germany ($1.61M), Spain ($566k), and Romania ($343k).

Imports In 2022, Bulgaria imported $13.5M in Electrical Insulators, becoming the 42nd largest importer of Electrical Insulators in the world. At the same year, Electrical Insulators was the 460th most imported product in Bulgaria. Bulgaria imports Electrical Insulators primarily from: China ($3.9M), Vietnam ($3.6M), Italy ($1.88M), Austria ($605k), and United States ($548k).

The fastest growing import markets in Electrical Insulators for Bulgaria between 2021 and 2022 were Vietnam ($1.82M), China ($1.49M), and United States ($523k).

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 Electrical Insulators. 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)$14.2M
IMPORTS (2022)$13.5M
NET TRADE (2022)$633k

In 2022, Bulgaria exported $14.2M in Electrical Insulators. The main destinations of Bulgaria exports on Electrical Insulators were Germany ($3.66M), Italy ($2.9M), Romania ($1.72M), Spain ($1.26M), and Austria ($1.07M).

In 2022, Bulgaria imported $13.5M in Electrical Insulators, mainly from China ($3.9M), Vietnam ($3.6M), Italy ($1.88M), Austria ($605k), and United States ($548k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Insulators EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Germany$1.61M (78.4%)
Spain$566k (81.2%)
Romania$343k (24.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Insulators BY Bulgaria WERE (2021 - 2022):
Italy-$665k (-18.7%)
Netherlands-$119k (-25.7%)
Hungary-$39.6k (-68.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Electrical Insulators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $285k
TOP IMPORT POTENTIALChina+ $684k

Electrical Insulators’s highest export potential is Germany. With an export gap of $285k.   Electrical Insulators’s highest import potential is China with an import gap of $684k.

See methodology.

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