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Vietnam’s livestock and aquaculture sectors expanded in Calendar Year (CY) 2024 on steady economic growth and lower feed prices. Feed importers have increased purchases and diversified suppliers.
Bulgaria’s fish and seafood imports have grown steadily over the past decade, nearly doubling in value over this period. Bulgarian importers are seeking to expand the variety of fish available to consumers, particularly in the mid and high-value categories.
Cotton imports are forecast to grow by six percent to 7.6 million bales in marketing year (MY) 2025/26 based on expected growth in the textile and yarn sector.
On March 31, 2025, the Government of Vietnam (GVN) issued Decree 73/2025/ND-CP, reducing the Most-Favored-Nation (MFN) import tariff rates on corn, soybean meal, ethanol, frozen chicken drumsticks, in-shell pistachios, almonds, fresh apples, cherries, and raisins. The decree takes effect immediately.
The Vietnamese food processing industry grew by 7.4 percent in 2024 to $79.3 billion and food ingredient demand is expected to remain strong.
Vietnam’s soybean crushers are expanding capacity with new production lines coming online in the 2024/25 and 2025/26 marketing years.
On February 18, 2025, Vietnam's National Assembly approved a major government restructuring, consolidating ministries and agencies, eliminating certain National Assembly and Party committees, and dissolving multiple state-run organizations to streamline operations and support economic growth.
In marketing year (MY) 2024/25, Bulgaria harvested its smallest oilseed crop in 15 years due to hot and dry summer weather negatively impacting yields.
Based on the final official harvest data, the Bulgarian corn crop fell to only 1.5 million metric tons (MMT) in marketing year (MY) 2024/25. This is the smallest corn crop since 2012, and was impacted by intense summer heat and drought followed by adverse rainy weather during the harvest.
Strong demand growth continued in the Bulgarian tree nut market in marketing year (MY) 2023/24. The domestic demand increase was led by both the retail/food service industry and by the confectionary trade.
This report provides an unofficial translation of Vietnam's Ministry of Industry and Trade (MOIT) Directive 16, issued on December 26, 2024, outlining solutions to promote the use of biofuels in Vietnam.
Bulgaria acceded to the European Union (EU) in 2007 and follows EU directives and regulations pertaining to food safety, quality and standards. This report outlines legislation regarding U.S. food product exports to Bulgaria, particularly those rules which differ from EU legislation.