2023
Exports
$57.6MWorld Rnk 42 / 226
Flag Rnk 161 / 1207
2023
PRODUCT COMPLEXITY IN Iron Fasteners
1.67Rnk 25 / 1025
2023
Imports
$138MWorld Rnk 50 / 226
Flag Rnk 87 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $57.6M in Iron Fasteners, making it the 42nd largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 161st most exported product in Bulgaria. The main destination of Iron Fasteners exports from Bulgaria are: Italy ($12.5M), Germany ($8.43M), China ($4.85M), United States ($4.73M), and Czechia ($4.22M).

The fastest growing export markets for Iron Fasteners of Bulgaria between 2022 and 2023 were Italy ($1.19M), Poland ($1.15M), and Austria ($1.13M).

Imports In 2023, Bulgaria imported $138M in Iron Fasteners, becoming the 50th largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 87th most imported product in Bulgaria. Bulgaria imports Iron Fasteners primarily from: Germany ($55.9M), Turkey ($15M), Italy ($14.5M), China ($10.8M), and Austria ($7.19M).

The fastest growing import markets in Iron Fasteners for Bulgaria between 2022 and 2023 were Turkey ($5.39M), Germany ($2.9M), and Austria ($1.37M).

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 Iron Fasteners. 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)$57.6M
IMPORTS (2023)$138M
NET TRADE (2023)-$80.9M

In 2023, Bulgaria exported $57.6M in Iron Fasteners. The main destinations of Bulgaria exports on Iron Fasteners were Italy ($12.5M), Germany ($8.43M), China ($4.85M), United States ($4.73M), and Czechia ($4.22M).

In 2023, Bulgaria imported $138M in Iron Fasteners, mainly from Germany ($55.9M), Turkey ($15M), Italy ($14.5M), China ($10.8M), and Austria ($7.19M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
Italy$1.19M (10.5%)
Poland$1.15M (838%)
Austria$1.13M (88.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY Bulgaria WERE (2022 - 2023):
Germany-$3.14M (-27.2%)
China-$1.28M (-20.9%)
Romania-$390k (-13.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bulgaria's main exporting competitors in Iron Fasteners were:
In 2023, Bulgaria's main importing competitors in Iron Fasteners were:

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Trade Value of Iron Fasteners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $6.5M
TOP IMPORT POTENTIALChina+ $10.4M

Iron Fasteners’s highest export potential is Germany. With an export gap of $6.5M.   Iron Fasteners’s highest import potential is China with an import gap of $10.4M.

See methodology.

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