Bulgaria - Distilled Spirits Market Brief 2021

Country:
Bulgaria

Report Highlights:
As Bulgaria’s thirst for distilled spirits continues to grow, U.S. whiskies remain popular. According to 2019 Bulgarian National Statistical Institute (NSI) data, U.S. distilled spirit exports to Bulgaria exceeded $12.69 million, a slight increase over 2018, despite the European Union’s (EU) 25 percent tariffs imposed on U.S. whiskies in 2018. However, prospects for 2020 and following years are uncertain due to additional EU tariffs currently scheduled for June 2021 and the ongoing COVID-19 pandemic.

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Distilled Spirits Market Brief_Sofia_Bulgaria_02-20-2021.pdf688.71 KB