Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

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

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!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

European Commission with information campaign on adoption of the euro in Bulgaria

Caretaker Deputy Prime Minister and Finance Minister Lyudmila Petkova, Vice President of the European Commission Valdis Dombrovskis and European Commissioner for Economy Paolo Gentiloni signed, in Luxemburg, a partnership agreement between the..

published on 4/12/24 11:18 AM
Petar Ganev

Political instability deters foreign investment

The country's GDP stands at 64% of the European average. Unlike Romania, we have not yet crossed the 70% threshold. What distinguishes Bulgaria from other countries in the region is that they have higher levels of investment, better rule of law, and..

published on 4/8/24 10:04 AM

Bulgarian company is among the leaders in lavender oil production

Bulgaria is among the largest producers of lavender oil in the world. Nearly 100% of it is export-oriented. The highest demand is in the USA, Germany, France, Austria, The Netherlands, India, Great Britain, Spain, Canada, Marocco,..

published on 4/7/24 8:50 AM