2022
Exports
$1.07BWorld Rnk 44 / 226
Flag Rnk 12 / 96
2022
PRODUCT COMPLEXITY IN Optical, photo, & film equipment; medical instruments
2.12Rnk 3 / 1025
2022
Imports
$814MWorld Rnk 62 / 226
Flag Rnk 17 / 96
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $1.07B in Optical, photo, & film equipment; medical instruments, making it the 44th largest exporter of Optical, photo, & film equipment; medical instruments in the world. At the same year, Optical, photo, & film equipment; medical instruments was the 12th most exported product in Bulgaria. The main destination of Optical, photo, & film equipment; medical instruments exports from Bulgaria are: Germany ($305M), United States ($194M), United Kingdom ($44.3M), Austria ($43.6M), and China ($35.1M).

The fastest growing export markets for Optical, photo, & film equipment; medical instruments of Bulgaria between 2021 and 2022 were Germany ($38.4M), United Kingdom ($33.1M), and Indonesia ($7.22M).

Imports In 2022, Bulgaria imported $814M in Optical, photo, & film equipment; medical instruments, becoming the 62nd largest importer of Optical, photo, & film equipment; medical instruments in the world. At the same year, Optical, photo, & film equipment; medical instruments was the 17th most imported product in Bulgaria. Bulgaria imports Optical, photo, & film equipment; medical instruments primarily from: Germany ($153M), China ($100M), Czechia ($65.5M), Netherlands ($62.4M), and Italy ($50.4M).

The fastest growing import markets in Optical, photo, & film equipment; medical instruments for Bulgaria between 2021 and 2022 were Czechia ($21.8M), Austria ($11.2M), and China ($4.87M).

Latest Trends

Jul 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 Optical, photo, & film equipment; medical instruments. 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)$1.07B
IMPORTS (2022)$814M
NET TRADE (2022)$261M

In 2022, Bulgaria exported $1.07B in Optical, photo, & film equipment; medical instruments. The main destinations of Bulgaria exports on Optical, photo, & film equipment; medical instruments were Germany ($305M), United States ($194M), United Kingdom ($44.3M), Austria ($43.6M), and China ($35.1M).

In 2022, Bulgaria imported $814M in Optical, photo, & film equipment; medical instruments, mainly from Germany ($153M), China ($100M), Czechia ($65.5M), Netherlands ($62.4M), and Italy ($50.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Optical, photo, & film equipment; medical instruments EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Germany$38.4M (14.4%)
United Kingdom$33.1M (294%)
Indonesia$7.22M (178%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Optical, photo, & film equipment; medical instruments BY Bulgaria WERE (2021 - 2022):
China-$20.7M (-37.1%)
Italy-$15.3M (-37%)
United States-$14.8M (-7.07%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Optical, photo, & film equipment; medical instruments were:
In 2022, Bulgaria's main importing competitors in Optical, photo, & film equipment; medical instruments were:

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Trade Value of Optical, photo, & film equipment; medical instruments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $91.1M
TOP IMPORT POTENTIALChina+ $44.7M

Optical, photo, & film equipment; medical instruments’s highest export potential is United States. With an export gap of $91.1M.   Optical, photo, & film equipment; medical instruments’s highest import potential is China with an import gap of $44.7M.

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