2022
Exports
$3.36MWorld Rnk 38 / 156
Flag Rnk 596 / 1211
2022
PRODUCT COMPLEXITY IN Drilling Machines
1.13Rnk 123 / 1025
2022
Imports
$9.52MWorld Rnk 50 / 210
Flag Rnk 543 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $3.36M in Drilling Machines, making it the 38th largest exporter of Drilling Machines in the world. At the same year, Drilling Machines was the 596th most exported product in Bulgaria. The main destination of Drilling Machines exports from Bulgaria are: Greece ($1.57M), Turkey ($1.16M), Iran ($57.7k), Egypt ($57.4k), and Australia ($55.3k).

The fastest growing export markets for Drilling Machines of Bulgaria between 2021 and 2022 were Turkey ($950k), Greece ($144k), and Australia ($55.3k).

Imports In 2022, Bulgaria imported $9.52M in Drilling Machines, becoming the 50th largest importer of Drilling Machines in the world. At the same year, Drilling Machines was the 543rd most imported product in Bulgaria. Bulgaria imports Drilling Machines primarily from: Germany ($2.61M), Czechia ($1.71M), Italy ($1.09M), China ($760k), and France ($579k).

The fastest growing import markets in Drilling Machines for Bulgaria between 2021 and 2022 were Czechia ($945k), Germany ($843k), and France ($508k).

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 Drilling Machines. 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)$3.36M
IMPORTS (2022)$9.52M
NET TRADE (2022)-$6.16M

In 2022, Bulgaria exported $3.36M in Drilling Machines. The main destinations of Bulgaria exports on Drilling Machines were Greece ($1.57M), Turkey ($1.16M), Iran ($57.7k), Egypt ($57.4k), and Australia ($55.3k).

In 2022, Bulgaria imported $9.52M in Drilling Machines, mainly from Germany ($2.61M), Czechia ($1.71M), Italy ($1.09M), China ($760k), and France ($579k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Drilling Machines EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Turkey$950k (446%)
Greece$144k (10.1%)
Australia$55.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drilling Machines BY Bulgaria WERE (2021 - 2022):
Romania-$217k (-80.8%)
Russia-$108k (-90.2%)
France-$75.1k (-96.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Drilling Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $274k
TOP IMPORT POTENTIALChina+ $467k

Drilling Machines’s highest export potential is Turkey. With an export gap of $274k.   Drilling Machines’s highest import potential is China with an import gap of $467k.

See methodology.

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