Bulgaria: 2021 - Direct Versus Indirect Trade - Bulgaria's Hidden Market for U S Ag Exports

  |   Attaché Report (GAIN)   |   BU2022-0027

Contact:

Office of Agricultural Affairs, Sofia   |   (011-3592) 939-5774

Link to report:

Bulgaria: 2021 - Direct Versus Indirect Trade - Bulgaria's Hidden Market for U S Ag Exports

The U.S. Census Bureau’s bulk, intermediate, and consumer-oriented (BICO) export data tracks U.S. food and agricultural trade shipped directly to Bulgaria. However, it does not measure the substantial levels of the U.S. agricultural trade to Bulgaria routed through Western European ports of entry. According to BICO, U.S. suppliers shipped $28.1 million of U.S. food and agriculture to Bulgaria in 2021. However, according to Bulgaria’s National Statistical Institute (NSI), which measures trade by country of origin and therefore reflects both direct and indirect trade, Bulgaria sourced $80.1 million of U.S. food and agriculture in 2021. FAS Sofia encourages USDA cooperators and other U.S. food and agricultural exporters and stakeholders to look beyond BICO data and review different data sources when considering resource allocation and market development strategies for Bulgaria.

Exporting
Europe and Eurasia, Bulgaria

Database Source:

Related Reports

View More
Attaché Report (GAIN)

Ukraine: Biotechnology and Other New Production Technologies Annual

The biotechnology regulatory system in Ukraine is still not fully developed, but the country is gradually adjusting its domestic policies to align with European Union regulations.
Attaché Report (GAIN)

Tunisia: Agricultural Biotechnology Annual

Tunisia is continuing to postpone non-urgent matters in front of major political and economic reforms. As a result, Tunisia’s biosafety framework, which was drafted in 2014, remains on hold with no timeframe for a review and parliamentary vote.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Export prices of white and parboiled rice rose one percent from the previous week as exporters reportedly continued to secure the rice supplies to fulfill contract shipments.