In just a few months, Bulgaria exported oil and fats for over 1.2 billion BGN

Published 2022년 7월 13일

Tridge summary

The National Statistical Institute reports a significant surge in the export and import of fats, oils, and waxes of animal and vegetable origin from Bulgaria from January to April 2022. Exports to the European Union saw a 127.4% increase, reaching BGN 942 million, compared to BGN 197.6 million in the same period of 2019. Imports from the EU also surged by 176.8%, reaching BGN 354.9 million. Additionally, exports to third countries increased by 171%, amounting to BGN 336.8 million, while imports increased by 206.5%, amounting to BGN 225 million. The trade of these goods, especially palm oil, has seen substantial growth, with Germany, Romania, Italy, Greece, and France being the main partners for exports to the EU.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The National Statistical Institute (NSI) reports a boom in "Fats, oils and waxes of animal and vegetable origin" for the period when our country experienced a kind of crisis with oil prices. Vegetable oils are products of the processing of oil-bearing raw materials. The main types are: sunflower; rape; soybean; olive; palm tree; cotton; and peanut. Animal fats are, for example, cow butter and lard. According to statistics, from the beginning of the year to the end of April 2022, the growth of exports from our country to the European Union of goods of these categories reached 127.4% and the amount amounted to BGN 942 million. For comparison, during the same period of the last pre-pandemic year - 2019, the export of these goods to the EU was significantly smaller - BGN 197.6 million. Over 1000% growth in January: Bulgaria's exports to South Africa are booming The highest customs value, according to the Trade Statistics of the RYA, is the electrical panels and their parts imported ...

Source: Money