2023
Exports
$799kWorld Rnk 58 / 196
Flag Rnk 843 / 1207
2023
PRODUCT COMPLEXITY IN Hand Tools
0.76Rnk 262 / 1025
2023
Imports
$6.82MWorld Rnk 62 / 220
Flag Rnk 625 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $799k in Hand Tools, making it the 58th largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 843rd most exported product in Bulgaria. The main destination of Hand Tools exports from Bulgaria are: Romania ($180k), Greece ($142k), Czechia ($72.6k), United Kingdom ($68.6k), and Netherlands ($49.3k).

The fastest growing export markets for Hand Tools of Bulgaria between 2022 and 2023 were United Kingdom ($19k), Albania ($13.7k), and Spain ($13.7k).

Imports In 2023, Bulgaria imported $6.82M in Hand Tools, becoming the 62nd largest importer of Hand Tools in the world. At the same year, Hand Tools was the 625th most imported product in Bulgaria. Bulgaria imports Hand Tools primarily from: Germany ($2.85M), China ($1.65M), Chinese Taipei ($349k), Poland ($321k), and Austria ($232k).

The fastest growing import markets in Hand Tools for Bulgaria between 2022 and 2023 were Germany ($569k), United Kingdom ($185k), and Spain ($178k).

Latest Trends

Jan 2025

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 (2023)$799k
IMPORTS (2023)$6.82M
NET TRADE (2023)-$6.02M

In 2023, Bulgaria exported $799k in Hand Tools. The main destinations of Bulgaria exports on Hand Tools were Romania ($180k), Greece ($142k), Czechia ($72.6k), United Kingdom ($68.6k), and Netherlands ($49.3k).

In 2023, Bulgaria imported $6.82M in Hand Tools, mainly from Germany ($2.85M), China ($1.65M), Chinese Taipei ($349k), Poland ($321k), and Austria ($232k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
United Kingdom$19k (38.2%)
Albania$13.7k (6.16k%)
Spain$13.7k (1.11k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Bulgaria WERE (2022 - 2023):
Romania-$76.1k (-29.7%)
Senegal-$21k (-100%)
Greece-$19k (-11.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bulgaria's main exporting competitors in Hand Tools were:
In 2023, 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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