Cereals Export of Bulgaria: The Annual Overview of 2024

Cereals, a category of edible foods or grains, are demanded by a huge consumer base because of their rich nature, carbohydrates, and protein. The preference of the global consumer base of cereals as a basic food staple, mainly for rice, wheat, and maize, along with the geographic and climatic variation and economic importance, has maintained the continuity of the global trade of cereals. Bulgaria Import Data says, the country in southeastern Europe, bordered by Greece and Serbia in the south and west direction, has been gradually emerging as a substantial contributor to the international trade market of cereals due to the adequate rainfall promoting the cultivation rates and the long-growing season for cereals.

The country, with its reliable access to the European Union single market and the well-developed road network, has resulted in a total export valuation of cereals worth 4.78 billion US dollars in 2024. The crop monitoring and forecasting systems, along with the national agricultural development programs, have been benefiting the overall trade rate. The crop rotation practices and evolution of the irrigation systems are increasing the cultivation rate. Subscribe to Import Globals, the leading Bulgaria import export trade provider, to stay updated with the latest information regarding the cereals export of the nation via the Bulgaria trade data.

POLICIES AND INCENTIVES SUPPORTING THE CEREALS EXPORT OF BULGARIA IN 2024

The Common Agricultural Policy, i.e., the Bulgarian Strategic Plan 2023, has supported the exports of the nation by promoting the sustainability of the output. The emergency aid under the European Commission has helped the farmers continue the cultivation and supply of cereals for exports.

The Ukrainian aid supplementary support via the National Agricultural Fund has stabilized the output to help the authorities maintain the export volumes. The support for modernization and investment under the rural development has supported export competitiveness. The knowledge-sharing advisory and innovation support has made the Bulgarian cereals an export-ready product for global competition.

THE LEADING VARIANTS OF CEREALS EXPORTED FROM BULGARIA IN 2024

The reliable access to modern fertilizers and the modification of agro-processing units have led to diversity in the global trade output of cereals. According to the Bulgaria Export Data, the top 10 leading variants of cereals exported from the nation in 2024 are,

Wheat – The annual valuation of Wheat exported from Bulgaria in 2024 – 1.2 billion US dollars
Durum – The annual valuation of Durum exported from Bulgaria in 2024 – 954 million US dollars
Barley – The annual valuation of Barley exported from Bulgaria in 2024 – 712 million US dollars
Maize – The annual valuation of Maize exported from Bulgaria in 2024 – 625 million US dollars
Oats – The annual valuation of Oats exported from Bulgaria in 2024 – 587 million US dollars
Rice – The annual valuation of Rice exported from Bulgaria in 2024 – 476 million US dollars
Rye – The annual valuation of Rye exported from Bulgaria in 2024 – 392 million US dollars
Sorghum – The annual valuation of Sorghum exported from Bulgaria in 2024 – 276 million US dollars
Cereal seeds– The annual valuation of Cereal seeds exported from Bulgaria in 2024 – 225 million US dollars
Cereal blends– The annual valuation of Cereal blends exported from Bulgaria in 2024 – 187 million US dollars

TOP 10 EXPORT TRADE PARTNERS OF BULGARIA IN 2024

The closer proximity to the port of Burgas and the rail connectivity to Black Sea ports have maintained the integration with the topmost investing regions. As per the Bulgaria Customs Data, the top 10 export trade partners of the nation for cereals exports in 2024 are,

Germany – The total valuation of cereals exported from Bulgaria to Germany in 2024 – 1.69 billion US dollars