Text size

BIA: Bulgaria is a leading exporter of sunflower seeds, sunflower oil and biodiesel

Liberalized grain imports from Ukraine threaten the country's export competitiveness the chamber said

published on 9/23/22 1:15 PM

Photo: Ani Petrova

Bulgaria is among the world leaders in sunflower seed exports and ranks second for 2021 with sales of more than $730 million, according to an analysis by the Bulgarian Industrial Association (BIA). Its main markets are Germany and Turkey.

The country also ranks third in the world in sunflower oil exports with revenues of $700 million in 2021. The country's sunflower oil is mainly exported to Spain, Italy, Turkey and Greece. Liberalized grain imports from Ukraine threaten the country's export competitiveness, BIA said.

The analysis shows that a good export business for Bulgaria is rapeseed biodiesel. Until a few years ago, Bulgarian producers exported rapeseed directly, but now they process it in small refineries. In 2021, 542 000 tonnes of biodiesel worth $926 million were exported to the EU.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy Bulgarian Industrial Association exports sunflower seed sunfower oil Ukraine

More from category

Natural gas prices up 3% in October

The final price proposed by Bulgargaz for the sale of natural gas to its customers in October is BGN 63.72 (EUR 32.58) per megawatt-hour before tax. The 3% price increase is expected to be approved by the Energy Regulatory Commission. The October price..

published on 10/1/24 5:12 PM

Commercial operations of the Alexandroupolis LNG terminal begin

T he LNG terminal near the Greek town of Alexandroupolis has officially srarted commercial operations today, the Greek company Gastrade announced. The facility features state-of-the-art technology with a maximum regasification capacity of 5.5 billion..

published on 10/1/24 11:01 AM

NSI: Business expectations fall due to uncertain economic environment

In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable assessment in the industry sector, where the indicator fell by 5.2 points. Managers in industry reported..

published on 9/30/24 2:02 PM

WEATHER

Pick city: Sofía

Mostly Cloudy
Min: 6 | Max: 25

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

Commercial operations of the Alexandroupolis LNG terminal begin

T he LNG terminal near the Greek town of Alexandroupolis has officially srarted commercial operations today, the Greek company Gastrade announced. The..

published on 10/1/24 11:01 AM

Natural gas prices up 3% in October

The final price proposed by Bulgargaz for the sale of natural gas to its customers in October is BGN 63.72 (EUR 32.58) per megawatt-hour before tax. The..

published on 10/1/24 5:12 PM

Share

BIA: Bulgaria is a leading exporter of sunflower seeds, sunflower oil and biodiesel

Liberalized grain imports from Ukraine threaten the country's export competitiveness the chamber said

More from category

Natural gas prices up 3% in October

Commercial operations of the Alexandroupolis LNG terminal begin

NSI: Business expectations fall due to uncertain economic environment

Commercial operations of the Alexandroupolis LNG terminal begin

Natural gas prices up 3% in October