2023
Exports
$23.4MWorld Rnk 23 / 131
Flag Rnk 283 / 1207
2023
PRODUCT COMPLEXITY IN Metal Lathes
1.73Rnk 21 / 1025
2023
Imports
$67.6MWorld Rnk 25 / 190
Flag Rnk 158 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $23.4M in Metal Lathes, making it the 23rd largest exporter of Metal Lathes in the world. At the same year, Metal Lathes was the 283rd most exported product in Bulgaria. The main destination of Metal Lathes exports from Bulgaria are: Turkey ($5.63M), United States ($2.91M), Romania ($2.37M), Germany ($2.34M), and Poland ($1.63M).

The fastest growing export markets for Metal Lathes of Bulgaria between 2022 and 2023 were Romania ($2.03M), Turkey ($1.43M), and Germany ($1.24M).

Imports In 2023, Bulgaria imported $67.6M in Metal Lathes, becoming the 25th largest importer of Metal Lathes in the world. At the same year, Metal Lathes was the 158th most imported product in Bulgaria. Bulgaria imports Metal Lathes primarily from: Germany ($21.3M), Chinese Taipei ($15.4M), Turkey ($9.61M), China ($4.29M), and Austria ($3.4M).

The fastest growing import markets in Metal Lathes for Bulgaria between 2022 and 2023 were Germany ($14.1M), Chinese Taipei ($9.15M), and Turkey ($8.91M).

Latest Trends

Dec 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 Metal Lathes. 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)$23.4M
IMPORTS (2023)$67.6M
NET TRADE (2023)-$44.2M

In 2023, Bulgaria exported $23.4M in Metal Lathes. The main destinations of Bulgaria exports on Metal Lathes were Turkey ($5.63M), United States ($2.91M), Romania ($2.37M), Germany ($2.34M), and Poland ($1.63M).

In 2023, Bulgaria imported $67.6M in Metal Lathes, mainly from Germany ($21.3M), Chinese Taipei ($15.4M), Turkey ($9.61M), China ($4.29M), and Austria ($3.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metal Lathes EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
Romania$2.03M (612%)
Turkey$1.43M (33.9%)
Germany$1.24M (113%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Lathes BY Bulgaria WERE (2022 - 2023):
Portugal-$1.55M (-96.4%)
Serbia-$1.14M (-89.5%)
Russia-$717k (-66.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bulgaria's main exporting competitors in Metal Lathes were:
Japan $1.84B
China $1.01B
In 2023, Bulgaria's main importing competitors in Metal Lathes were:

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Trade Value of Metal Lathes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.74M
TOP IMPORT POTENTIALChina+ $965k

Metal Lathes’s highest export potential is United States. With an export gap of $1.74M.   Metal Lathes’s highest import potential is China with an import gap of $965k.

See methodology.

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