In 2020, Bulgarian exports of agricultural goods decreased by almost EUR 18 million, while imports increased by € 294 million

In 2020, Bulgarian exports of agricultural goods amounted to 4,775,294,000 euros. It is almost 18 million euros lower than in 2019, which shows a decrease of 0.4%, according to the Ministry of Agriculture and Food, according to the National Statistical Institute (NSI). At the same time, the NSI reports an increase of 7.9% in the import of agricultural products in Bulgaria. In 2020, the financial equivalent of imports was EUR 3,997,112,000, compared to EUR 3,702,996,000 the previous year. The difference is 294 million euros as a plus. Traditionally, the largest Bulgarian export is of cereals. Due to drought-destroyed crops, cereal seed exports decreased by 8% and in 2020 amounted to 1.16 billion euros compared to 1.35 billion euros in 2019. That is, sales of cereal seeds are 190 million less last year. Exports of this commodity represent 24% of total agricultural exports compared to 28% in 2019. In 2020, there is also a slight increase in cereal imports, which is traditionally low. ...