2022
Exports
$66.3MWorld Rnk 43 / 224
Flag Rnk 142 / 1211
2022
PRODUCT COMPLEXITY IN Iron Fasteners
1.68Rnk 27 / 1025
2022
Imports
$142MWorld Rnk 54 / 225
Flag Rnk 85 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $66.3M in Iron Fasteners, making it the 43rd largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 142nd most exported product in Bulgaria. The main destination of Iron Fasteners exports from Bulgaria are: Germany ($15.9M), Italy ($9.97M), Romania ($8.09M), China ($6.76M), and United States ($5.98M).

The fastest growing export markets for Iron Fasteners of Bulgaria between 2021 and 2022 were Germany ($5.24M), Romania ($4.88M), and United States ($2.27M).

Imports In 2022, Bulgaria imported $142M in Iron Fasteners, becoming the 54th largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 85th most imported product in Bulgaria. Bulgaria imports Iron Fasteners primarily from: Germany ($51.7M), Italy ($19M), China ($17.8M), Turkey ($9.93M), and Chinese Taipei ($7.1M).

The fastest growing import markets in Iron Fasteners for Bulgaria between 2021 and 2022 were Germany ($9.77M), Turkey ($3.32M), and Chinese Taipei ($3.13M).

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 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 (2022)$66.3M
IMPORTS (2022)$142M
NET TRADE (2022)-$75.8M

In 2022, Bulgaria exported $66.3M in Iron Fasteners. The main destinations of Bulgaria exports on Iron Fasteners were Germany ($15.9M), Italy ($9.97M), Romania ($8.09M), China ($6.76M), and United States ($5.98M).

In 2022, Bulgaria imported $142M in Iron Fasteners, mainly from Germany ($51.7M), Italy ($19M), China ($17.8M), Turkey ($9.93M), and Chinese Taipei ($7.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Germany$5.24M (49.1%)
Romania$4.88M (152%)
United States$2.27M (61.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY Bulgaria WERE (2021 - 2022):
Greece-$564k (-44%)
Italy-$511k (-4.87%)
Netherlands-$234k (-36.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Iron Fasteners were:
In 2022, 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
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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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