2022
Exports
$95.5MWorld Rnk 40 / 216
Flag Rnk 104 / 1211
2022
PRODUCT COMPLEXITY IN Other Electrical Machinery
1.33Rnk 86 / 1025
2022
Imports
$270MWorld Rnk 40 / 224
Flag Rnk 38 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $95.5M in Other Electrical Machinery, making it the 40th largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 104th most exported product in Bulgaria. The main destination of Other Electrical Machinery exports from Bulgaria are: Greece ($12.3M), Italy ($10.4M), Romania ($9.38M), Germany ($7.91M), and Spain ($6.31M).

The fastest growing export markets for Other Electrical Machinery of Bulgaria between 2021 and 2022 were Romania ($3.81M), Greece ($2.87M), and Germany ($1.91M).

Imports In 2022, Bulgaria imported $270M in Other Electrical Machinery, becoming the 40th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 38th most imported product in Bulgaria. Bulgaria imports Other Electrical Machinery primarily from: Czechia ($151M), China ($26.7M), France ($23.1M), Germany ($10.2M), and Romania ($8.33M).

The fastest growing import markets in Other Electrical Machinery for Bulgaria between 2021 and 2022 were Czechia ($43.8M), France ($15.5M), and Austria ($2.95M).

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 Other Electrical Machinery. 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)$95.5M
IMPORTS (2022)$270M
NET TRADE (2022)-$175M

In 2022, Bulgaria exported $95.5M in Other Electrical Machinery. The main destinations of Bulgaria exports on Other Electrical Machinery were Greece ($12.3M), Italy ($10.4M), Romania ($9.38M), Germany ($7.91M), and Spain ($6.31M).

In 2022, Bulgaria imported $270M in Other Electrical Machinery, mainly from Czechia ($151M), China ($26.7M), France ($23.1M), Germany ($10.2M), and Romania ($8.33M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Romania$3.81M (68.3%)
Greece$2.87M (30.4%)
Germany$1.91M (31.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Bulgaria WERE (2021 - 2022):
Czechia-$3.61M (-83%)
Uganda-$2.57M (-96.8%)
Italy-$2.43M (-19%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Other Electrical Machinery were:
In 2022, Bulgaria's main importing competitors in Other Electrical Machinery were:

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.84M
TOP IMPORT POTENTIALChina+ $12.9M

Other Electrical Machinery’s highest export potential is United States. With an export gap of $6.84M.   Other Electrical Machinery’s highest import potential is China with an import gap of $12.9M.

See methodology.

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