2022
Exports
$49.5MWorld Rnk 34 / 199
Flag Rnk 182 / 1211
2022
PRODUCT COMPLEXITY IN Metalworking Machine Parts
1.64Rnk 34 / 1025
2022
Imports
$58.2MWorld Rnk 44 / 220
Flag Rnk 180 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $49.5M in Metalworking Machine Parts, making it the 34th largest exporter of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 182nd most exported product in Bulgaria. The main destination of Metalworking Machine Parts exports from Bulgaria are: Germany ($17.1M), Italy ($7.98M), Netherlands ($4.96M), Turkey ($2.91M), and Greece ($2.33M).

The fastest growing export markets for Metalworking Machine Parts of Bulgaria between 2021 and 2022 were Netherlands ($3.92M), Italy ($3.14M), and Germany ($2.57M).

Imports In 2022, Bulgaria imported $58.2M in Metalworking Machine Parts, becoming the 44th largest importer of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 180th most imported product in Bulgaria. Bulgaria imports Metalworking Machine Parts primarily from: Germany ($12.4M), Turkey ($8.84M), Chinese Taipei ($8.5M), Italy ($6.34M), and China ($3.74M).

The fastest growing import markets in Metalworking Machine Parts for Bulgaria between 2021 and 2022 were Chinese Taipei ($2.77M), Turkey ($2.44M), and Spain ($1.46M).

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 Metalworking Machine Parts. 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)$49.5M
IMPORTS (2022)$58.2M
NET TRADE (2022)-$8.7M

In 2022, Bulgaria exported $49.5M in Metalworking Machine Parts. The main destinations of Bulgaria exports on Metalworking Machine Parts were Germany ($17.1M), Italy ($7.98M), Netherlands ($4.96M), Turkey ($2.91M), and Greece ($2.33M).

In 2022, Bulgaria imported $58.2M in Metalworking Machine Parts, mainly from Germany ($12.4M), Turkey ($8.84M), Chinese Taipei ($8.5M), Italy ($6.34M), and China ($3.74M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machine Parts EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Netherlands$3.92M (376%)
Italy$3.14M (64.8%)
Germany$2.57M (17.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machine Parts BY Bulgaria WERE (2021 - 2022):
China-$352k (-16.9%)
France-$341k (-71.4%)
Switzerland-$214k (-31.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Metalworking Machine Parts were:
In 2022, Bulgaria's main importing competitors in Metalworking Machine Parts were:

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Trade Value of Metalworking Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.35M
TOP IMPORT POTENTIALGermany+ $2.49M

Metalworking Machine Parts’s highest export potential is United States. With an export gap of $4.35M.   Metalworking Machine Parts’s highest import potential is Germany with an import gap of $2.49M.

See methodology.

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