2022
Exports
$64.4MWorld Rnk 46 / 219
Flag Rnk 149 / 1211
2022
PRODUCT COMPLEXITY IN Leather Footwear
-0.71Rnk 760 / 1025
2022
Imports
$111MWorld Rnk 55 / 222
Flag Rnk 103 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $64.4M in Leather Footwear, making it the 46th largest exporter of Leather Footwear in the world. At the same year, Leather Footwear was the 149th most exported product in Bulgaria. The main destination of Leather Footwear exports from Bulgaria are: Italy ($24.5M), Poland ($7.83M), Greece ($4.75M), Germany ($4.11M), and Croatia ($4M).

The fastest growing export markets for Leather Footwear of Bulgaria between 2021 and 2022 were Poland ($2.97M), Italy ($1.61M), and Greece ($889k).

Imports In 2022, Bulgaria imported $111M in Leather Footwear, becoming the 55th largest importer of Leather Footwear in the world. At the same year, Leather Footwear was the 103rd most imported product in Bulgaria. Bulgaria imports Leather Footwear primarily from: Poland ($30.5M), Italy ($14.9M), Belgium ($12.5M), Germany ($12M), and Turkey ($11.1M).

The fastest growing import markets in Leather Footwear for Bulgaria between 2021 and 2022 were Belgium ($5.51M), Germany ($2.44M), and Turkey ($1.3M).

Latest Trends

Sep 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 Leather Footwear. 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)$64.4M
IMPORTS (2022)$111M
NET TRADE (2022)-$46.5M

In 2022, Bulgaria exported $64.4M in Leather Footwear. The main destinations of Bulgaria exports on Leather Footwear were Italy ($24.5M), Poland ($7.83M), Greece ($4.75M), Germany ($4.11M), and Croatia ($4M).

In 2022, Bulgaria imported $111M in Leather Footwear, mainly from Poland ($30.5M), Italy ($14.9M), Belgium ($12.5M), Germany ($12M), and Turkey ($11.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather Footwear EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Poland$2.97M (61.1%)
Italy$1.61M (7.05%)
Greece$889k (23%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Footwear BY Bulgaria WERE (2021 - 2022):
Netherlands-$1.74M (-85.2%)
France-$404k (-21.2%)
Belgium-$399k (-65.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Leather Footwear were:
China $12.6B
Vietnam $8.21B
Italy $7.71B
In 2022, Bulgaria's main importing competitors in Leather Footwear were:

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Trade Value of Leather Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.85M
TOP IMPORT POTENTIALItaly+ $6.94M

Leather Footwear’s highest export potential is Germany. With an export gap of $4.85M.   Leather Footwear’s highest import potential is Italy with an import gap of $6.94M.

See methodology.

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