2023
Exports
$763kWorld Rnk 36 / 92
Flag Rnk 849 / 1207
2023
PRODUCT COMPLEXITY IN Looms
0.87Rnk 221 / 1025
2023
Imports
$204kWorld Rnk 103 / 155
Flag Rnk 1078 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $763k in Looms, making it the 36th largest exporter of Looms in the world. At the same year, Looms was the 849th most exported product in Bulgaria. The main destination of Looms exports from Bulgaria are: Iran ($396k), Turkey ($152k), Azerbaijan ($79.3k), United Arab Emirates ($71.4k), and North Macedonia ($53.7k).

The fastest growing export markets for Looms of Bulgaria between 2022 and 2023 were Iran ($135k), Azerbaijan ($79.3k), and United Arab Emirates ($71.4k).

Imports In 2023, Bulgaria imported $204k in Looms, becoming the 103rd largest importer of Looms in the world. At the same year, Looms was the 1078th most imported product in Bulgaria. Bulgaria imports Looms primarily from: Turkey ($101k), Switzerland ($60.7k), Serbia ($25.9k), Lithuania ($7.6k), and Italy ($7.35k).

The fastest growing import markets in Looms for Bulgaria between 2022 and 2023 were Serbia ($25.9k), United Kingdom ($379), and France ($53).

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 Looms. 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)$763k
IMPORTS (2023)$204k
NET TRADE (2023)$559k

In 2023, Bulgaria exported $763k in Looms. The main destinations of Bulgaria exports on Looms were Iran ($396k), Turkey ($152k), Azerbaijan ($79.3k), United Arab Emirates ($71.4k), and North Macedonia ($53.7k).

In 2023, Bulgaria imported $204k in Looms, mainly from Turkey ($101k), Switzerland ($60.7k), Serbia ($25.9k), Lithuania ($7.6k), and Italy ($7.35k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Looms EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
Iran$135k (51.5%)
Azerbaijan$79.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Looms BY Bulgaria WERE (2022 - 2023):
Turkey-$1.06M (-87.5%)
Serbia-$17.8k (-100%)
Netherlands-$253 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bulgaria's main exporting competitors in Looms were:
In 2023, Bulgaria's main importing competitors in Looms were:
India $760M
China $254M

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Trade Value of Looms by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $308k
TOP IMPORT POTENTIALChina+ $68.9k

Looms’s highest export potential is Turkey. With an export gap of $308k.   Looms’s highest import potential is China with an import gap of $68.9k.

See methodology.

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