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2022
Exports $19.6MWorld Rnk 36 / 206
Flag Rnk 307 / 1211
2022
Destination $2.54M Poland
2021 - 2022
FASTEST GROWING MARKET $2.54MPoland
2022
PRODUCT COMPLEXITY IN Motor-working Tools1.33Rnk 88 / 1025
2022
Imports $40.3MWorld Rnk 48 / 224
Flag Rnk 246 / 1209
2022
Origin $2.91M China
2021 - 2022
FASTEST GROWING ORIGIN $2.91MUnited Kingdom
2022
ECONOMIC COMPLEXITY of Bulgaria0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $19.6M in Motor-working Tools, making it the 36th largest exporter of Motor-working Tools in the world. At the same year, Motor-working Tools was the 307th most exported product in Bulgaria. The main destination of Motor-working Tools exports from Bulgaria are: Poland ($5.01M), Brazil ($1.8M), Turkey ($1.73M), Romania ($1.51M), and Germany ($1.1M).

The fastest growing export markets for Motor-working Tools of Bulgaria between 2021 and 2022 were Poland ($2.54M), Turkey ($1.7M), and France ($599k).

Imports In 2022, Bulgaria imported $40.3M in Motor-working Tools, becoming the 48th largest importer of Motor-working Tools in the world. At the same year, Motor-working Tools was the 246th most imported product in Bulgaria. Bulgaria imports Motor-working Tools primarily from: China ($9.49M), Germany ($7.6M), United Kingdom ($6M), Sweden ($2.66M), and Romania ($1.94M).

The fastest growing import markets in Motor-working Tools for Bulgaria between 2021 and 2022 were United Kingdom ($2.91M), Germany ($2.55M), and Austria ($1.18M).

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 Motor-working Tools. 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)$19.6M
IMPORTS (2022)$40.3M
NET TRADE (2022)-$20.7M

In 2022, Bulgaria exported $19.6M in Motor-working Tools. The main destinations of Bulgaria exports on Motor-working Tools were Poland ($5.01M), Brazil ($1.8M), Turkey ($1.73M), Romania ($1.51M), and Germany ($1.1M).

In 2022, Bulgaria imported $40.3M in Motor-working Tools, mainly from China ($9.49M), Germany ($7.6M), United Kingdom ($6M), Sweden ($2.66M), and Romania ($1.94M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor-working Tools EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Poland$2.54M (103%)
Turkey$1.7M (4.74k%)
France$599k (196%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor-working Tools BY Bulgaria WERE (2021 - 2022):
Hungary-$4.5M (-93.8%)
Sweden-$759k (-45.2%)
Australia-$654k (-64.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Motor-working Tools were:
China $3.37B
Germany $1.3B
Chinese Taipei $897M
In 2022, Bulgaria's main importing competitors in Motor-working Tools were:
United States $1.76B
Germany $581M
France $454M

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Trade Value of Motor-working Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.24M
TOP IMPORT POTENTIALChina+ $10.2M

Motor-working Tools’s highest export potential is Germany. With an export gap of $2.24M.   Motor-working Tools’s highest import potential is China with an import gap of $10.2M.

See methodology.

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