2022
Exports
$91.1MWorld Rnk 45 / 224
Flag Rnk 61 / 96
2022
PRODUCT COMPLEXITY IN Leather articles
-0.063Rnk 569 / 1025
2022
Imports
$104MWorld Rnk 66 / 225
Flag Rnk 62 / 96
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $91.1M in Leather articles, making it the 45th largest exporter of Leather articles in the world. At the same year, Leather articles was the 61st most exported product in Bulgaria. The main destination of Leather articles exports from Bulgaria are: Italy ($34.1M), Switzerland ($7.25M), France ($6.34M), South Korea ($5.9M), and Japan ($3.79M).

The fastest growing export markets for Leather articles of Bulgaria between 2021 and 2022 were South Korea ($3.02M), Switzerland ($1.36M), and United Kingdom ($1.12M).

Imports In 2022, Bulgaria imported $104M in Leather articles, becoming the 66th largest importer of Leather articles in the world. At the same year, Leather articles was the 62nd most imported product in Bulgaria. Bulgaria imports Leather articles primarily from: China ($15.8M), Poland ($14.9M), Italy ($13.7M), Germany ($11.4M), and Romania ($4.89M).

The fastest growing import markets in Leather articles for Bulgaria between 2021 and 2022 were China ($6.18M), Poland ($2.86M), and Belgium ($2.65M).

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 Leather articles. 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)$91.1M
IMPORTS (2022)$104M
NET TRADE (2022)-$13.4M

In 2022, Bulgaria exported $91.1M in Leather articles. The main destinations of Bulgaria exports on Leather articles were Italy ($34.1M), Switzerland ($7.25M), France ($6.34M), South Korea ($5.9M), and Japan ($3.79M).

In 2022, Bulgaria imported $104M in Leather articles, mainly from China ($15.8M), Poland ($14.9M), Italy ($13.7M), Germany ($11.4M), and Romania ($4.89M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather articles EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
South Korea$3.02M (105%)
Switzerland$1.36M (23.1%)
United Kingdom$1.12M (71.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather articles BY Bulgaria WERE (2021 - 2022):
China-$4.92M (-62.4%)
Russia-$3.57M (-98.8%)
Japan-$1.5M (-28.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Leather articles were:
China $36.3B
France $12.5B
Italy $11.3B
In 2022, Bulgaria's main importing competitors in Leather articles were:

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Trade Value of Leather articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.36M
TOP IMPORT POTENTIALChina+ $11.1M

Leather articles’s highest export potential is United States. With an export gap of $6.36M.   Leather articles’s highest import potential is China with an import gap of $11.1M.

See methodology.

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