2022
Exports
$6.68MWorld Rnk 32 / 160
Flag Rnk 483 / 1211
2022
PRODUCT COMPLEXITY IN Knitting Machine Accessories
1.56Rnk 40 / 1025
2022
Imports
$4.7MWorld Rnk 65 / 202
Flag Rnk 699 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $6.68M in Knitting Machine Accessories, making it the 32nd largest exporter of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 483rd most exported product in Bulgaria. The main destination of Knitting Machine Accessories exports from Bulgaria are: Austria ($5.37M), Turkey ($267k), Iran ($245k), Belgium ($221k), and Greece ($164k).

The fastest growing export markets for Knitting Machine Accessories of Bulgaria between 2021 and 2022 were Latvia ($148k), Greece ($138k), and Turkey ($123k).

Imports In 2022, Bulgaria imported $4.7M in Knitting Machine Accessories, becoming the 65th largest importer of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 699th most imported product in Bulgaria. Bulgaria imports Knitting Machine Accessories primarily from: Italy ($1.55M), Germany ($740k), China ($703k), Austria ($367k), and Turkey ($283k).

The fastest growing import markets in Knitting Machine Accessories for Bulgaria between 2021 and 2022 were Germany ($171k), China ($93.5k), and Romania ($73.2k).

Latest Trends

Nov 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 Knitting Machine Accessories. 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)$6.68M
IMPORTS (2022)$4.7M
NET TRADE (2022)$1.98M

In 2022, Bulgaria exported $6.68M in Knitting Machine Accessories. The main destinations of Bulgaria exports on Knitting Machine Accessories were Austria ($5.37M), Turkey ($267k), Iran ($245k), Belgium ($221k), and Greece ($164k).

In 2022, Bulgaria imported $4.7M in Knitting Machine Accessories, mainly from Italy ($1.55M), Germany ($740k), China ($703k), Austria ($367k), and Turkey ($283k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitting Machine Accessories EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Latvia$148k (6.72k%)
Greece$138k (515%)
Turkey$123k (84.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machine Accessories BY Bulgaria WERE (2021 - 2022):
Austria-$948k (-15%)
Saudi Arabia-$109k (-93.1%)
Italy-$78.6k (-98.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Knitting Machine Accessories were:
In 2022, Bulgaria's main importing competitors in Knitting Machine Accessories were:

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Trade Value of Knitting Machine Accessories by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $246k
TOP IMPORT POTENTIALChina+ $452k

Knitting Machine Accessories’s highest export potential is Turkey. With an export gap of $246k.   Knitting Machine Accessories’s highest import potential is China with an import gap of $452k.

See methodology.

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