2022
Exports
$184MWorld Rnk 41 / 221
Flag Rnk 63 / 1211
2022
PRODUCT COMPLEXITY IN Knit Sweaters
-1.3Rnk 909 / 1025
2022
Imports
$115MWorld Rnk 56 / 218
Flag Rnk 101 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $184M in Knit Sweaters, making it the 41st largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 63rd most exported product in Bulgaria. The main destination of Knit Sweaters exports from Bulgaria are: Germany ($34.6M), Italy ($30.4M), France ($28.6M), United Kingdom ($15.6M), and Spain ($15.5M).

The fastest growing export markets for Knit Sweaters of Bulgaria between 2021 and 2022 were United Kingdom ($12.1M), Italy ($4.79M), and Kuwait ($3.69M).

Imports In 2022, Bulgaria imported $115M in Knit Sweaters, becoming the 56th largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 101st most imported product in Bulgaria. Bulgaria imports Knit Sweaters primarily from: Poland ($22.7M), Italy ($17.8M), Turkey ($14.2M), Germany ($12.7M), and Belgium ($10.2M).

The fastest growing import markets in Knit Sweaters for Bulgaria between 2021 and 2022 were Poland ($12M), Belgium ($4.34M), and Germany ($3.57M).

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 Knit Sweaters. 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)$184M
IMPORTS (2022)$115M
NET TRADE (2022)$69.5M

In 2022, Bulgaria exported $184M in Knit Sweaters. The main destinations of Bulgaria exports on Knit Sweaters were Germany ($34.6M), Italy ($30.4M), France ($28.6M), United Kingdom ($15.6M), and Spain ($15.5M).

In 2022, Bulgaria imported $115M in Knit Sweaters, mainly from Poland ($22.7M), Italy ($17.8M), Turkey ($14.2M), Germany ($12.7M), and Belgium ($10.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Sweaters EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
United Kingdom$12.1M (340%)
Italy$4.79M (18.7%)
Kuwait$3.69M (2.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Sweaters BY Bulgaria WERE (2021 - 2022):
China-$6.71M (-96.7%)
Japan-$4.96M (-76.2%)
Russia-$4.22M (-98.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Knit Sweaters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $15M
TOP IMPORT POTENTIALTurkey+ $7.46M

Knit Sweaters’s highest export potential is Germany. With an export gap of $15M.   Knit Sweaters’s highest import potential is Turkey with an import gap of $7.46M.

See methodology.

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