2022
Exports
$2.45MWorld Rnk 40 / 161
Flag Rnk 653 / 1211
2022
PRODUCT COMPLEXITY IN Metal Finishing Machines
1.51Rnk 48 / 1025
2022
Imports
$9.38MWorld Rnk 44 / 210
Flag Rnk 548 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $2.45M in Metal Finishing Machines, making it the 40th largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 653rd most exported product in Bulgaria. The main destination of Metal Finishing Machines exports from Bulgaria are: Turkey ($729k), Mexico ($481k), United States ($320k), India ($188k), and Italy ($151k).

The fastest growing export markets for Metal Finishing Machines of Bulgaria between 2021 and 2022 were Mexico ($481k), Turkey ($458k), and United States ($320k).

Imports In 2022, Bulgaria imported $9.38M in Metal Finishing Machines, becoming the 44th largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 548th most imported product in Bulgaria. Bulgaria imports Metal Finishing Machines primarily from: Germany ($2.66M), China ($2.51M), Italy ($1.13M), Switzerland ($925k), and Turkey ($390k).

The fastest growing import markets in Metal Finishing Machines for Bulgaria between 2021 and 2022 were Germany ($804k), China ($681k), and Switzerland ($435k).

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 Metal Finishing 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)$2.45M
IMPORTS (2022)$9.38M
NET TRADE (2022)-$6.93M

In 2022, Bulgaria exported $2.45M in Metal Finishing Machines. The main destinations of Bulgaria exports on Metal Finishing Machines were Turkey ($729k), Mexico ($481k), United States ($320k), India ($188k), and Italy ($151k).

In 2022, Bulgaria imported $9.38M in Metal Finishing Machines, mainly from Germany ($2.66M), China ($2.51M), Italy ($1.13M), Switzerland ($925k), and Turkey ($390k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Finishing Machines EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Mexico$481k (1%)
Turkey$458k (170%)
United States$320k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY Bulgaria WERE (2021 - 2022):
Romania-$1.29M (-92.4%)
Germany-$616k (-98.1%)
Ukraine-$238k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Metal Finishing Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $314k
TOP IMPORT POTENTIALSwitzerland+ $303k

Metal Finishing Machines’s highest export potential is United States. With an export gap of $314k.   Metal Finishing Machines’s highest import potential is Switzerland with an import gap of $303k.

See methodology.

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