2023
Exports
$1.71MWorld Rnk 42 / 128
Flag Rnk 715 / 1207
2023
PRODUCT COMPLEXITY IN Stainless Steel Wire
1.45Rnk 53 / 1025
2023
Imports
$6.05MWorld Rnk 49 / 203
Flag Rnk 650 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2023, Bulgaria exported $1.71M in Stainless Steel Wire, making it the 42nd largest exporter of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 715th most exported product in Bulgaria. The main destination of Stainless Steel Wire exports from Bulgaria are: Georgia ($888k), United States ($181k), Italy ($157k), Brazil ($136k), and France ($93.5k).

The fastest growing export markets for Stainless Steel Wire of Bulgaria between 2022 and 2023 were Georgia ($531k), United States ($181k), and Portugal ($55.5k).

Imports In 2023, Bulgaria imported $6.05M in Stainless Steel Wire, becoming the 49th largest importer of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 650th most imported product in Bulgaria. Bulgaria imports Stainless Steel Wire primarily from: India ($1.86M), China ($1.79M), Germany ($788k), Netherlands ($554k), and Italy ($288k).

The fastest growing import markets in Stainless Steel Wire for Bulgaria between 2022 and 2023 were Netherlands ($393k), India ($138k), and Czechia ($75.8k).

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 Stainless Steel Wire. 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)$1.71M
IMPORTS (2023)$6.05M
NET TRADE (2023)-$4.33M

In 2023, Bulgaria exported $1.71M in Stainless Steel Wire. The main destinations of Bulgaria exports on Stainless Steel Wire were Georgia ($888k), United States ($181k), Italy ($157k), Brazil ($136k), and France ($93.5k).

In 2023, Bulgaria imported $6.05M in Stainless Steel Wire, mainly from India ($1.86M), China ($1.79M), Germany ($788k), Netherlands ($554k), and Italy ($288k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Wire EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
Georgia$531k (149%)
United States$181k (1%)
Portugal$55.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Wire BY Bulgaria WERE (2022 - 2023):
France-$683k (-88%)
Italy-$76.7k (-32.8%)
Germany-$69.2k (-97.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bulgaria's main exporting competitors in Stainless Steel Wire were:
In 2023, Bulgaria's main importing competitors in Stainless Steel Wire were:

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Trade Value of Stainless Steel Wire by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $157k
TOP IMPORT POTENTIALIndia+ $632k

Stainless Steel Wire’s highest export potential is Italy. With an export gap of $157k.   Stainless Steel Wire’s highest import potential is India with an import gap of $632k.

See methodology.

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