2022
Exports | Imports
$86.1M | $28MWorld Rnk 20 / 167
Flag Rnk 121 / 1211
World Rnk 57 / 207
Flag Rnk 313 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.66Rnk 37 / 124
2022
PRODUCT COMPLEXITY IN Footwear Parts
-0.58Rnk 722 / 1025

About

Exports In 2022, Bulgaria exported $86.1M in Footwear Parts, making it the 20th largest exporter of Footwear Parts in the world. At the same year, Footwear Parts was the 121st most exported product in Bulgaria. The main destination of Footwear Parts exports from Bulgaria are: Italy ($77.4M), Germany ($3.23M), Romania ($2.53M), Hungary ($1.78M), and North Macedonia ($278k).

The fastest growing export markets for Footwear Parts of Bulgaria between 2021 and 2022 were Hungary ($600k), Armenia ($136k), and United Kingdom ($78.6k).

Imports In 2022, Bulgaria imported $28M in Footwear Parts, becoming the 57th largest importer of Footwear Parts in the world. At the same year, Footwear Parts was the 313th most imported product in Bulgaria. Bulgaria imports Footwear Parts primarily from: Italy ($20.3M), North Macedonia ($2.16M), Turkey ($1.76M), Romania ($1.13M), and Greece ($478k).

The fastest growing import markets in Footwear Parts for Bulgaria between 2021 and 2022 were North Macedonia ($1.11M), India ($229k), and Turkey ($227k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Footwear Parts from Bulgaria to the United States.

Latest Trends

Feb 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 Footwear Parts. 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)$86.1M
IMPORTS (2022)$28M
NET TRADE (2022)$58M

In 2022, Bulgaria exported $86.1M in Footwear Parts. The main destinations of Bulgaria exports on Footwear Parts were Italy ($77.4M), Germany ($3.23M), Romania ($2.53M), Hungary ($1.78M), and North Macedonia ($278k).

In 2022, Bulgaria imported $28M in Footwear Parts, mainly from Italy ($20.3M), North Macedonia ($2.16M), Turkey ($1.76M), Romania ($1.13M), and Greece ($478k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear Parts EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Hungary$600k (51.1%)
Armenia$136k (764%)
United Kingdom$78.6k (7.01k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear Parts BY Bulgaria WERE (2021 - 2022):
Germany-$3.99M (-55.2%)
Italy-$1.74M (-2.2%)
Greece-$519k (-72.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Footwear Parts were:
China $4.26B
Italy $811M
In 2022, Bulgaria's main importing competitors in Footwear Parts were:
Vietnam $1.43B
Italy $1.24B

Explore Visualizations

Trade Value of Footwear Parts by Exporters

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