2022
Exports
$73.2MWorld Rnk 42 / 184
Flag Rnk 63 / 96
2022
PRODUCT COMPLEXITY IN Knitted fabrics
0.18Rnk 494 / 1025
2022
Imports
$335MWorld Rnk 29 / 216
Flag Rnk 32 / 96
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $73.2M in Knitted fabrics, making it the 42nd largest exporter of Knitted fabrics in the world. At the same year, Knitted fabrics was the 63rd most exported product in Bulgaria. The main destination of Knitted fabrics exports from Bulgaria are: Turkey ($30.8M), Greece ($9.65M), Germany ($8.17M), Czechia ($6.31M), and Italy ($5.12M).

The fastest growing export markets for Knitted fabrics of Bulgaria between 2021 and 2022 were Turkey ($9.12M), Germany ($5.71M), and Czechia ($3.73M).

Imports In 2022, Bulgaria imported $335M in Knitted fabrics, becoming the 29th largest importer of Knitted fabrics in the world. At the same year, Knitted fabrics was the 32nd most imported product in Bulgaria. Bulgaria imports Knitted fabrics primarily from: Turkey ($134M), Italy ($67.2M), China ($44.4M), Greece ($34.1M), and Serbia ($11.1M).

The fastest growing import markets in Knitted fabrics for Bulgaria between 2021 and 2022 were China ($11.8M), Italy ($5.71M), and Hungary ($3.73M).

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 Knitted fabrics. 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)$73.2M
IMPORTS (2022)$335M
NET TRADE (2022)-$262M

In 2022, Bulgaria exported $73.2M in Knitted fabrics. The main destinations of Bulgaria exports on Knitted fabrics were Turkey ($30.8M), Greece ($9.65M), Germany ($8.17M), Czechia ($6.31M), and Italy ($5.12M).

In 2022, Bulgaria imported $335M in Knitted fabrics, mainly from Turkey ($134M), Italy ($67.2M), China ($44.4M), Greece ($34.1M), and Serbia ($11.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitted fabrics EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Turkey$9.12M (42%)
Germany$5.71M (232%)
Czechia$3.73M (145%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitted fabrics BY Bulgaria WERE (2021 - 2022):
Italy-$1.93M (-27.4%)
Greece-$273k (-2.75%)
Belarus-$101k (-92.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Knitted fabrics by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $2.14M
TOP IMPORT POTENTIALChina+ $14.7M

Knitted fabrics’s highest export potential is Italy. With an export gap of $2.14M.   Knitted fabrics’s highest import potential is China with an import gap of $14.7M.

See methodology.

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