Year 2024, Volume 9, Issue 3
Year : | 2024 |
Volume : | 9 |
Issue : | 3 |
Authors : | Angel SAROV, Diana KOPEVA |
Title : | EXPORT COMPETITIVENESS OF FOOD PRODUCTS IN BULGARIA |
Abstract : | After the accession of Bulgaria to the European Union in 2007 and the liberalization of trade, the integration of the country to the common market, not only in the Union, but also to third countries, is strongly manifested. In the period 2012-2013, the country has a negative balance within EUR 253 million, an indicator of a weakness of production and deep problems of the processing industry. In 2017, a positive balance of EUR 4 million was reported. During the period 2017-2022, exports are already sustainably outpaced the import of food and reports an ascending trend of Bulgarian export trade. The aim of the study is to analyze the comparative advantages found in food trade. The Balassa method is applied, which expresses the effective side when measuring the competitiveness of the food production sub-sector. It refers to indicators comparing trade indicators to assess the market share of the sub-sector nationally and internationally. The results show the extremely low importance of the sub-sector in the world production of food products. The reasons for this can be sought in the unstable world markets, the limited access of raw materials for food production, the difficulties in logistics caused by the war in Ukraine, which exerted great pressure not only on the Bulgarian food industry, but also on the traditionally strong economies of the world. Despite the good comparative advantages that Bulgaria has as a net producer of raw materials for the food industry, this potential is not realized in the international trade of food products. |
For citation : | Sarov, A., Kopeva, D. (2024). Export competitiveness of food products in Bulgaria. AGROFOR International Journal, Volume 9. Issue No. 3. pp. 110-116. DOI: 10.7251/AGREN2403110S |
Keywords : | competitiveness, export, food products, Bulgaria. |
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ISSN 2490-3434 (Printed)
ISSN 2490-3442 (Online)
ISSN 2490-3442 (Online)
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