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Bulgaria is a small but growing market for U.S. food and agricultural products. In 2020, total Bulgarian food and agricultural imports were valued at $5.2 billion, of which nearly 1.43 percent, or $73.8 million, were sourced from the United States.
Despite deteriorating political and economic conditions, U.S. food and agricultural exports through the first nine months of 2021 exceeded $300 million – shattering previous annual records – driven by strong commodity prices and increased demand for U.S. feed grains.
Strong global commodity prices and sustained Nicaraguan livestock sector growth helped propel U.S. agricultural exports to Nicaragua through September 2021 to new heights.
With its developing grocery retail industry, prior to the Covid-19 pandemic Bulgaria was a growing market for food and beverages, with growing consumer confidence, declining unemployment, upward incomes, and a stable number of foreign tourists...
Post forecasts that Bulgaria’s stone fruit crop in marketing year (MY) 2021 will be marginally down from MY 2020. Cherry production is forecast lower, mainly due to decreased average yields. Peach production is expected to recover from the record low...
In marketing year (MY) 2020/21, Bulgaria’s total fresh deciduous fruit crop declined sharply by 15 percent due to adverse climate conditions. Apple production decreased by 13 percent from MY 2019/20, as unfavorable weather conditions reduced area...
Despite being passed in 2010, Nicaraguan biotechnology legislation lacks implementing regulations that would open opportunities for farmers and food processors to integrate new technologies into their operations. While progress on the regulatory...
The steady growth of the tree nuts market in Bulgaria was interrupted in marketing year (MY) 2020/21 due to the pandemic and related economic challenges, such as the weaker tourist season and the closure of food service industry outlets during several lockdowns.
The Government of Bulgaria (GOB) continues to oppose agricultural biotechnology and supports anti-biotech policy initiatives within the European Commission (EC).
FAS Sofia adjusts upwards Bulgarian rapeseed production in marketing (MY) 2021/22 to 376,000 metric tons (MT), 35 percent higher than in the previous season, as per the final harvest results.
The Bulgarian dairy industry developed successfully and made good progress in 2020. The total dairy herd increased by six percent, cow milk production grew by more than seven percent, and milk collection and processing also expanded.
FAS Sofia increases its estimate for wheat and barley crops to 7.2 million metric tons (MMT) and 700,000 MT, respectively, due to favorable spring weather leading to record yields.