2022
Exports
$58MWorld Rnk 27 / 178
Flag Rnk 169 / 1211
2022
PRODUCT COMPLEXITY IN Soil Preparation Machinery
0.69Rnk 279 / 1025
2022
Imports
$205MWorld Rnk 16 / 211
Flag Rnk 53 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $58M in Soil Preparation Machinery, making it the 27th largest exporter of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 169th most exported product in Bulgaria. The main destination of Soil Preparation Machinery exports from Bulgaria are: Romania ($41.9M), Italy ($5.44M), Germany ($3.01M), Greece ($999k), and Hungary ($965k).

The fastest growing export markets for Soil Preparation Machinery of Bulgaria between 2021 and 2022 were Romania ($3.24M), Italy ($2.99M), and Singapore ($515k).

Imports In 2022, Bulgaria imported $205M in Soil Preparation Machinery, becoming the 16th largest importer of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 53rd most imported product in Bulgaria. Bulgaria imports Soil Preparation Machinery primarily from: Germany ($64.3M), Sweden ($36.5M), Turkey ($15.4M), France ($15.2M), and Italy ($11M).

The fastest growing import markets in Soil Preparation Machinery for Bulgaria between 2021 and 2022 were Germany ($30.7M), Sweden ($14.5M), and France ($6.61M).

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 Soil Preparation 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)$58M
IMPORTS (2022)$205M
NET TRADE (2022)-$147M

In 2022, Bulgaria exported $58M in Soil Preparation Machinery. The main destinations of Bulgaria exports on Soil Preparation Machinery were Romania ($41.9M), Italy ($5.44M), Germany ($3.01M), Greece ($999k), and Hungary ($965k).

In 2022, Bulgaria imported $205M in Soil Preparation Machinery, mainly from Germany ($64.3M), Sweden ($36.5M), Turkey ($15.4M), France ($15.2M), and Italy ($11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soil Preparation Machinery EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Romania$3.24M (8.38%)
Italy$2.99M (122%)
Singapore$515k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soil Preparation Machinery BY Bulgaria WERE (2021 - 2022):
Germany-$5.28M (-63.7%)
Greece-$834k (-45.5%)
Hungary-$572k (-37.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Soil Preparation Machinery were:
Germany $2.11B
China $1.21B
Italy $1.12B
In 2022, Bulgaria's main importing competitors in Soil Preparation Machinery were:

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Trade Value of Soil Preparation Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $2.55M
TOP IMPORT POTENTIALChina+ $3.83M

Soil Preparation Machinery’s highest export potential is Germany. With an export gap of $2.55M.   Soil Preparation Machinery’s highest import potential is China with an import gap of $3.83M.

See methodology.

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