2022
Exports
$172MWorld Rnk 28 / 167
Flag Rnk 66 / 1211
2022
PRODUCT COMPLEXITY IN Tractors
0.95Rnk 194 / 1025
2022
Imports
$632MWorld Rnk 23 / 215
Flag Rnk 11 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $172M in Tractors, making it the 28th largest exporter of Tractors in the world. At the same year, Tractors was the 66th most exported product in Bulgaria. The main destination of Tractors exports from Bulgaria are: Romania ($74.6M), Turkey ($41.9M), Georgia ($7.79M), Armenia ($5.28M), and Russia ($4.4M).

The fastest growing export markets for Tractors of Bulgaria between 2021 and 2022 were Turkey ($28M), Romania ($6.63M), and Russia ($4.21M).

Imports In 2022, Bulgaria imported $632M in Tractors, becoming the 23rd largest importer of Tractors in the world. At the same year, Tractors was the 11th most imported product in Bulgaria. Bulgaria imports Tractors primarily from: Germany ($173M), France ($114M), Italy ($75.5M), Belgium ($64.2M), and Austria ($35.5M).

The fastest growing import markets in Tractors for Bulgaria between 2021 and 2022 were Germany ($65M), France ($56.1M), and Italy ($35.4M).

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 Tractors. 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)$172M
IMPORTS (2022)$632M
NET TRADE (2022)-$460M

In 2022, Bulgaria exported $172M in Tractors. The main destinations of Bulgaria exports on Tractors were Romania ($74.6M), Turkey ($41.9M), Georgia ($7.79M), Armenia ($5.28M), and Russia ($4.4M).

In 2022, Bulgaria imported $632M in Tractors, mainly from Germany ($173M), France ($114M), Italy ($75.5M), Belgium ($64.2M), and Austria ($35.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tractors EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Turkey$28M (202%)
Romania$6.63M (9.76%)
Russia$4.21M (2.22k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tractors BY Bulgaria WERE (2021 - 2022):
Belgium-$4.37M (-54.1%)
Iran-$2.93M (-50.8%)
Egypt-$1.49M (-84.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Tractors were:
In 2022, Bulgaria's main importing competitors in Tractors were:

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Trade Value of Tractors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $14.2M
TOP IMPORT POTENTIALTurkey+ $14.1M

Tractors’s highest export potential is Turkey. With an export gap of $14.2M.   Tractors’s highest import potential is Turkey with an import gap of $14.1M.

See methodology.

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