Bulgaria's Agricultural Market Analysis: FY 2023
Bulgaria is a small, beautiful country. Farming is the main occupation of Bulgarian people. Bulgaria's major food crops are cereals, corn, sunflower seeds, and wheat. Also, rose and lavender oil, meat, honey are other promising exports of Bulgaria. Bulgaria is the prominent market for sunflower meal and sunflower oil exports globally. European Union countries are the important trading partners of Bulgaria. During last year, 60% of Bulgaria's sunflower meal exports went to the EU whereas, the EU represented 47% of Bulgaria's sunflower oil exports. The overall sunflower seed oil exports from Bulgaria were estimated to be $850 million during FY 2023. Greece was the top sunflower seed oil importer responsible for 17% market share followed by South Africa (12%), Spain (10.8%) and Iraq (10%). Whereas, sunflower meal exports from Bulgaria were recorded to be $268 million last year. China was the leading destination for Bulgaria sunflower meal exports along with the United State...