Home page RSS About Us Partners News Events Success Stories Discussion Forum
Home page login Login >
Register >
Home page
Home page
Skip Navigation LinksIndustries > Key Industries 05.02.2012  
Renewable Energy
The RES-E target to be achieved in 2010 is about 11% for electric energy consumption.
e-mail us
Agriculture
The text below is kindly provided by: BC Serdon

Agriculture sustains a major part of the Bulgarian economic landscape. The country enjoys a number of favorable geostrategic, climatic and natural endowments, which have significantly contributed to the development of century long traditions in both plant-growing and livestock breeding. Recent political and economic changes and reforms, including the 2007 accession of the country to the European Union, promise huge growth potential of the sector.

As of 2007, the total area in agricultural purpose accounts to 5 666 336 ha. 59.8% of it, or 3 057 740 ha, is arable land. Bulgarian crop production encompasses wheat, maize, sunflower seed and rye growing. Recently neglected, but otherwise strong and promising sectors are the growing of roses, cotton and tobacco in the South Central parts of the country. Underdeveloped because of economic factors remain pepper, tomatoes, grapes and apples production, which are otherwise favored by natural condition. In terms of livestock breeding and livestock products processing, the country has excellent outlooks for increasing the exports of specific high quality milk and dairy commodities, as well as meat products. Predisposed by climatic and natural conditions, organic farming is also gaining speed in recent years. Investments in organic production are strongly encouraged by both Bulgarian and European authorities. With approximately 0,4% of the arable land used for organic farming, compared to 4.7% across Europe, the potential of the sector still remains undiscovered.

Today, agricultural entrepreneurs in Bulgaria enjoy a number of competitive advantages and investment favorable factors. As a member of the EU, the country benefits from free access to the growing European market and is also subject to financial and technical support by the EU. Within the framework of the Common Agricultural Policy (CAP) and other cohesion funding policies of the EU, Bulgaria is due to utilize more than € 7 billion for the period 2007-2013, of which a total of € 3 241 million are for rural areas development. Finally, the country offers access to skilled and inexpensive workforce, sector supporting institutions, food and research centers, agricultural colleges, etc.

Table 1, Gross value added of the agricultural industry - basic and producer prices - (million EUR)
Agriculture Bulgaria
Source: EuroStat

Table 2, Crop output - basic and producer prices - (million EUR)

Agruculture Bulgaria 2

Source: EuroStat

 

Industry contacts:
National Grain Producers Association
T: (+359 42) 602 234
E: info@naz-bg.com
W: www.naz-bg.com

Bulgarian Farmers Association
T: (+359 2) 952 17 02
E: office@baf-bg.org
W: www.baf-bg.org


Recent reports Zarneni Hrani Bulgaria AD
InvestNet Service Providers
Area of Expertise
Language proficiency
Hot Investment Opportunity

Business/Logistics Park "Slivnitsa"
Region: Sofia
Property Area: 37,245 sq.m
Type of Area: Store; Office building; Motel; Petrol station
Find More Projects
Latest Discussion Topics News Selected Grants and Tenders
Grants >
Support of small-scale infrastructure for prevention of landslides in urban agglomerations...

Tenders > 
Supply of medical supplies for the needs of the Multiprofile University Hospital Plovdiv
Events
Join us
Disclaimer Contact Us Site Map Privacy Policy Refund Policy Powered by Sitefinity
The United States Agency for International Development (USAID) The Balkan Trust for Ddemocracy American University in Bulgaria American Chamber of Commerce in Bulgaria Eastisoft Ltd.