2022
Exports
$2.55MWorld Rnk 31 / 119
Flag Rnk 642 / 1211
2022
PRODUCT COMPLEXITY IN Textile Fiber Machinery
1.53Rnk 47 / 1025
2022
Imports
$2.63MWorld Rnk 67 / 178
Flag Rnk 800 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $2.55M in Textile Fiber Machinery, making it the 31st largest exporter of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 642nd most exported product in Bulgaria. The main destination of Textile Fiber Machinery exports from Bulgaria are: Italy ($1.35M), Syria ($704k), Turkey ($293k), Poland ($105k), and Iran ($59.4k).

The fastest growing export markets for Textile Fiber Machinery of Bulgaria between 2021 and 2022 were Italy ($1.34M), Syria ($704k), and Poland ($105k).

Imports In 2022, Bulgaria imported $2.63M in Textile Fiber Machinery, becoming the 67th largest importer of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 800th most imported product in Bulgaria. Bulgaria imports Textile Fiber Machinery primarily from: Italy ($954k), Germany ($756k), North Macedonia ($441k), Switzerland ($163k), and China ($151k).

The fastest growing import markets in Textile Fiber Machinery for Bulgaria between 2021 and 2022 were Germany ($392k), Italy ($364k), and Switzerland ($163k).

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 Textile Fiber 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)$2.55M
IMPORTS (2022)$2.63M
NET TRADE (2022)-$84.8k

In 2022, Bulgaria exported $2.55M in Textile Fiber Machinery. The main destinations of Bulgaria exports on Textile Fiber Machinery were Italy ($1.35M), Syria ($704k), Turkey ($293k), Poland ($105k), and Iran ($59.4k).

In 2022, Bulgaria imported $2.63M in Textile Fiber Machinery, mainly from Italy ($954k), Germany ($756k), North Macedonia ($441k), Switzerland ($163k), and China ($151k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Fiber Machinery EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Italy$1.34M (25.8k%)
Syria$704k (1%)
Poland$105k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Fiber Machinery BY Bulgaria WERE (2021 - 2022):
Iran-$721k (-92.4%)
China-$329k (-100%)
Israel-$28k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Textile Fiber Machinery were:
China $1.08B
Japan $807M
In 2022, Bulgaria's main importing competitors in Textile Fiber Machinery were:
China $687M
India $547M

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Trade Value of Textile Fiber Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $398k
TOP IMPORT POTENTIALGermany+ $218k

Textile Fiber Machinery’s highest export potential is Turkey. With an export gap of $398k.   Textile Fiber Machinery’s highest import potential is Germany with an import gap of $218k.

See methodology.

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