2023
Exports
$4.78MWorld Rnk 29 / 158
Flag Rnk 538 / 1207
2023
PRODUCT COMPLEXITY IN Metalworking Machines
1.85Rnk 8 / 1025
2023
Imports
$5.19MWorld Rnk 51 / 213
Flag Rnk 683 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $4.78M in Metalworking Machines, making it the 29th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 538th most exported product in Bulgaria. The main destination of Metalworking Machines exports from Bulgaria are: Germany ($1.44M), Romania ($1.08M), Russia ($863k), Turkey ($317k), and Tanzania ($123k).

The fastest growing export markets for Metalworking Machines of Bulgaria between 2022 and 2023 were Romania ($986k), Russia ($589k), and Turkey ($285k).

Imports In 2023, Bulgaria imported $5.19M in Metalworking Machines, becoming the 51st largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 683rd most imported product in Bulgaria. Bulgaria imports Metalworking Machines primarily from: Italy ($1.6M), Turkey ($747k), Germany ($746k), China ($698k), and Chinese Taipei ($260k).

The fastest growing import markets in Metalworking Machines for Bulgaria between 2022 and 2023 were Italy ($1.05M), China ($265k), and Belgium ($175k).

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 Metalworking Machines. 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)$4.78M
IMPORTS (2023)$5.19M
NET TRADE (2023)-$403k

In 2023, Bulgaria exported $4.78M in Metalworking Machines. The main destinations of Bulgaria exports on Metalworking Machines were Germany ($1.44M), Romania ($1.08M), Russia ($863k), Turkey ($317k), and Tanzania ($123k).

In 2023, Bulgaria imported $5.19M in Metalworking Machines, mainly from Italy ($1.6M), Turkey ($747k), Germany ($746k), China ($698k), and Chinese Taipei ($260k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
Romania$986k (993%)
Russia$589k (215%)
Turkey$285k (884%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Bulgaria WERE (2022 - 2023):
United Kingdom-$145k (-100%)
Netherlands-$124k (-57.3%)
Germany-$76.3k (-5.02%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bulgaria's main exporting competitors in Metalworking Machines were:
In 2023, Bulgaria's main importing competitors in Metalworking Machines were:

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Trade Value of Metalworking Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $108k
TOP IMPORT POTENTIALChina+ $293k

Metalworking Machines’s highest export potential is Russia. With an export gap of $108k.   Metalworking Machines’s highest import potential is China with an import gap of $293k.

See methodology.

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