2022
Exports
$49.1MWorld Rnk 29 / 187
Flag Rnk 183 / 1211
2022
PRODUCT COMPLEXITY IN Industrial Food Preperation Machinery
0.74Rnk 263 / 1025
2022
Imports
$42.6MWorld Rnk 70 / 221
Flag Rnk 235 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $49.1M in Industrial Food Preperation Machinery, making it the 29th largest exporter of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 183rd most exported product in Bulgaria. The main destination of Industrial Food Preperation Machinery exports from Bulgaria are: Germany ($8.02M), Russia ($4.13M), Italy ($2.94M), Romania ($2.78M), and Netherlands ($2.73M).

The fastest growing export markets for Industrial Food Preperation Machinery of Bulgaria between 2021 and 2022 were Germany ($6.25M), Russia ($2.99M), and Slovakia ($2.44M).

Imports In 2022, Bulgaria imported $42.6M in Industrial Food Preperation Machinery, becoming the 70th largest importer of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 235th most imported product in Bulgaria. Bulgaria imports Industrial Food Preperation Machinery primarily from: Germany ($9.86M), Italy ($8.07M), Greece ($5.18M), Turkey ($3.53M), and Netherlands ($3.47M).

The fastest growing import markets in Industrial Food Preperation Machinery for Bulgaria between 2021 and 2022 were Greece ($3.54M), Austria ($1.04M), and Germany ($781k).

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 Industrial Food Preperation Machinery. 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)$49.1M
IMPORTS (2022)$42.6M
NET TRADE (2022)$6.53M

In 2022, Bulgaria exported $49.1M in Industrial Food Preperation Machinery. The main destinations of Bulgaria exports on Industrial Food Preperation Machinery were Germany ($8.02M), Russia ($4.13M), Italy ($2.94M), Romania ($2.78M), and Netherlands ($2.73M).

In 2022, Bulgaria imported $42.6M in Industrial Food Preperation Machinery, mainly from Germany ($9.86M), Italy ($8.07M), Greece ($5.18M), Turkey ($3.53M), and Netherlands ($3.47M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Food Preperation Machinery EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Germany$6.25M (352%)
Russia$2.99M (262%)
Slovakia$2.44M (5.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Food Preperation Machinery BY Bulgaria WERE (2021 - 2022):
Kazakhstan-$1.35M (-88.7%)
Greece-$1.26M (-36.9%)
Spain-$1.02M (-90%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Industrial Food Preperation Machinery were:
In 2022, Bulgaria's main importing competitors in Industrial Food Preperation Machinery were:

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Trade Value of Industrial Food Preperation Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $2.08M
TOP IMPORT POTENTIALItaly+ $2.23M

Industrial Food Preperation Machinery’s highest export potential is Germany. With an export gap of $2.08M.   Industrial Food Preperation Machinery’s highest import potential is Italy with an import gap of $2.23M.

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