2022
Exports
$21.1MWorld Rnk 51 / 184
Flag Rnk 299 / 1211
2022
PRODUCT COMPLEXITY IN Lifting Machinery
1.12Rnk 128 / 1025
2022
Imports
$73.9MWorld Rnk 65 / 219
Flag Rnk 151 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $21.1M in Lifting Machinery, making it the 51st largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 299th most exported product in Bulgaria. The main destination of Lifting Machinery exports from Bulgaria are: Romania ($4.07M), United States ($2.23M), Netherlands ($2.22M), Germany ($1.51M), and Greece ($1.27M).

The fastest growing export markets for Lifting Machinery of Bulgaria between 2021 and 2022 were Netherlands ($1.02M), United States ($826k), and Spain ($557k).

Imports In 2022, Bulgaria imported $73.9M in Lifting Machinery, becoming the 65th largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 151st most imported product in Bulgaria. Bulgaria imports Lifting Machinery primarily from: Germany ($12.2M), Italy ($8.45M), Turkey ($8.39M), Spain ($7.93M), and Poland ($5.62M).

The fastest growing import markets in Lifting Machinery for Bulgaria between 2021 and 2022 were United States ($4.21M), Poland ($2.99M), and Turkey ($1.27M).

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 Lifting Machinery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$21.1M
IMPORTS (2022)$73.9M
NET TRADE (2022)-$52.8M

In 2022, Bulgaria exported $21.1M in Lifting Machinery. The main destinations of Bulgaria exports on Lifting Machinery were Romania ($4.07M), United States ($2.23M), Netherlands ($2.22M), Germany ($1.51M), and Greece ($1.27M).

In 2022, Bulgaria imported $73.9M in Lifting Machinery, mainly from Germany ($12.2M), Italy ($8.45M), Turkey ($8.39M), Spain ($7.93M), and Poland ($5.62M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lifting Machinery EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Netherlands$1.02M (85.1%)
United States$826k (58.8%)
Spain$557k (1.12k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lifting Machinery BY Bulgaria WERE (2021 - 2022):
Australia-$555k (-63.3%)
Poland-$425k (-82.4%)
Saudi Arabia-$393k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Bulgaria's main exporting competitors in Lifting Machinery were:
China $6.88B
Germany $5.16B
Italy $2.48B
In 2022, Bulgaria's main importing competitors in Lifting Machinery were:

Explore Visualizations

Trade Value of Lifting Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.7M
TOP IMPORT POTENTIALGermany+ $4.17M

Lifting Machinery’s highest export potential is United States. With an export gap of $5.7M.   Lifting Machinery’s highest import potential is Germany with an import gap of $4.17M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with