2022
Exports
$22.2MWorld Rnk 23 / 117
Flag Rnk 289 / 1211
2022
PRODUCT COMPLEXITY IN Metal Lathes
1.68Rnk 29 / 1025
2022
Imports
$32.7MWorld Rnk 36 / 189
Flag Rnk 281 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $22.2M in Metal Lathes, making it the 23rd largest exporter of Metal Lathes in the world. At the same year, Metal Lathes was the 289th most exported product in Bulgaria. The main destination of Metal Lathes exports from Bulgaria are: Turkey ($4.06M), United States ($2.78M), Italy ($2.24M), Portugal ($1.61M), and Serbia ($1.27M).

The fastest growing export markets for Metal Lathes of Bulgaria between 2021 and 2022 were United States ($1.32M), Portugal ($1.18M), and Serbia ($1.1M).

Imports In 2022, Bulgaria imported $32.7M in Metal Lathes, becoming the 36th largest importer of Metal Lathes in the world. At the same year, Metal Lathes was the 281st most imported product in Bulgaria. Bulgaria imports Metal Lathes primarily from: Germany ($6.61M), Chinese Taipei ($5.53M), Hungary ($4.07M), Japan ($2.76M), and Belgium ($2.35M).

The fastest growing import markets in Metal Lathes for Bulgaria between 2021 and 2022 were Chinese Taipei ($3.97M), Hungary ($3.22M), and Japan ($1.96M).

Latest Trends

Oct 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 (2022)$22.2M
IMPORTS (2022)$32.7M
NET TRADE (2022)-$10.5M

In 2022, Bulgaria exported $22.2M in Metal Lathes. The main destinations of Bulgaria exports on Metal Lathes were Turkey ($4.06M), United States ($2.78M), Italy ($2.24M), Portugal ($1.61M), and Serbia ($1.27M).

In 2022, Bulgaria imported $32.7M in Metal Lathes, mainly from Germany ($6.61M), Chinese Taipei ($5.53M), Hungary ($4.07M), Japan ($2.76M), and Belgium ($2.35M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Lathes EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
United States$1.32M (90.3%)
Portugal$1.18M (275%)
Serbia$1.1M (629%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Lathes BY Bulgaria WERE (2021 - 2022):
Russia-$1.57M (-59.3%)
Turkey-$1.47M (-26.6%)
Egypt-$890k (-61.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Metal Lathes were:
In 2022, 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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