2022
Exports
$786kWorld Rnk 55 / 203
Flag Rnk 842 / 1211
2022
PRODUCT COMPLEXITY IN Hand Tools
0.83Rnk 235 / 1025
2022
Imports
$7.09MWorld Rnk 62 / 220
Flag Rnk 616 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $786k in Hand Tools, making it the 55th largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 842nd most exported product in Bulgaria. The main destination of Hand Tools exports from Bulgaria are: Romania ($211k), Greece ($113k), Serbia ($79.4k), Netherlands ($60.5k), and United Kingdom ($49.6k).

The fastest growing export markets for Hand Tools of Bulgaria between 2021 and 2022 were Romania ($103k), United Kingdom ($45.9k), and Netherlands ($33.5k).

Imports In 2022, Bulgaria imported $7.09M in Hand Tools, becoming the 62nd largest importer of Hand Tools in the world. At the same year, Hand Tools was the 616th most imported product in Bulgaria. Bulgaria imports Hand Tools primarily from: China ($2.39M), Germany ($2.37M), Chinese Taipei ($425k), Austria ($341k), and Poland ($284k).

The fastest growing import markets in Hand Tools for Bulgaria between 2021 and 2022 were China ($565k), Germany ($401k), and Chinese Taipei ($150k).

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 Hand Tools. 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)$786k
IMPORTS (2022)$7.09M
NET TRADE (2022)-$6.3M

In 2022, Bulgaria exported $786k in Hand Tools. The main destinations of Bulgaria exports on Hand Tools were Romania ($211k), Greece ($113k), Serbia ($79.4k), Netherlands ($60.5k), and United Kingdom ($49.6k).

In 2022, Bulgaria imported $7.09M in Hand Tools, mainly from China ($2.39M), Germany ($2.37M), Chinese Taipei ($425k), Austria ($341k), and Poland ($284k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Romania$103k (96.6%)
United Kingdom$45.9k (1.24k%)
Netherlands$33.5k (124%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Bulgaria WERE (2021 - 2022):
Greece-$108k (-49.1%)
Czechia-$97.4k (-80%)
Hong Kong-$3.84k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Hand Tools were:
In 2022, Bulgaria's main importing competitors in Hand Tools were:

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Trade Value of Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $64.4k
TOP IMPORT POTENTIALChina+ $487k

Hand Tools’s highest export potential is Germany. With an export gap of $64.4k.   Hand Tools’s highest import potential is China with an import gap of $487k.

See methodology.

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