2023
Exports
$51.9MWorld Rnk 20 / 104
Flag Rnk 176 / 1207
2023
PRODUCT COMPLEXITY IN Metalworking Transfer Machines
2.12Rnk 2 / 1025
2023
Imports
$35.6MWorld Rnk 37 / 169
Flag Rnk 271 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $51.9M in Metalworking Transfer Machines, making it the 20th largest exporter of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 176th most exported product in Bulgaria. The main destination of Metalworking Transfer Machines exports from Bulgaria are: Turkey ($21.9M), Germany ($21.1M), Romania ($6.74M), Greece ($539k), and Italy ($442k).

The fastest growing export markets for Metalworking Transfer Machines of Bulgaria between 2022 and 2023 were Turkey ($7.73M), Romania ($5.72M), and Germany ($1.81M).

Imports In 2023, Bulgaria imported $35.6M in Metalworking Transfer Machines, becoming the 37th largest importer of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 271st most imported product in Bulgaria. Bulgaria imports Metalworking Transfer Machines primarily from: Germany ($15.7M), Chinese Taipei ($2.55M), Austria ($2.4M), China ($2.22M), and Hungary ($2.12M).

The fastest growing import markets in Metalworking Transfer Machines for Bulgaria between 2022 and 2023 were Germany ($8.93M), Austria ($1.38M), and China ($1.35M).

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 Metalworking Transfer 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)$51.9M
IMPORTS (2023)$35.6M
NET TRADE (2023)$16.4M

In 2023, Bulgaria exported $51.9M in Metalworking Transfer Machines. The main destinations of Bulgaria exports on Metalworking Transfer Machines were Turkey ($21.9M), Germany ($21.1M), Romania ($6.74M), Greece ($539k), and Italy ($442k).

In 2023, Bulgaria imported $35.6M in Metalworking Transfer Machines, mainly from Germany ($15.7M), Chinese Taipei ($2.55M), Austria ($2.4M), China ($2.22M), and Hungary ($2.12M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metalworking Transfer Machines EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
Turkey$7.73M (54.7%)
Romania$5.72M (559%)
Germany$1.81M (9.37%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Transfer Machines BY Bulgaria WERE (2022 - 2023):
Lithuania-$447k (-100%)
Poland-$384k (-49.9%)
Armenia-$77.8k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Metalworking Transfer Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $775k
TOP IMPORT POTENTIALChina+ $555k

Metalworking Transfer Machines’s highest export potential is Turkey. With an export gap of $775k.   Metalworking Transfer Machines’s highest import potential is China with an import gap of $555k.

See methodology.

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