Developing Countries Will Lead Global Rice Import Growth in 2013-22, Says USDA Rice growers positive California MG prices are UP Russia MG Harvest coming to end Egypt open rice exports Vietnam’s rice export in tough competition with India Thai rice exports in May Rise Above Target This Year Viet-Nam Rice exports likely to fall this year
Australia Medium Grain Rice #1 $ N/A    Egypt 101 #2 $760    Egypt 178 #2 Rice $730    EU Prices Baldo €660    EU Prices LG-A Ariete 5% €550    EU Prices MG Lotto 5% €500    EU Prices RG Balilla 5% €500    Russia Rapan $ 700    USA Jupiter Paddy $375    USA Calrose #1 Paddy $480    USA Jupiter Rice $630    USA Calrose #1 $830   

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Economy
Economy - overview: Bulgaria, a former communist country struggling to enter the European market economy, suffered a major economic downturn in 1996 and 1997, with triple digit inflation and GDP contraction of 10.6% and 6.9%. The current government - which took office in May 1997 after pre-term parliamentary elections - stabilized the economy and promoted growth by implementing a currency board, practicing sound financial policies, invigorating privatization, and pursuing structural reforms. Additionally, strong assistance from international financial institutions - most notably the IMF which approved a three-year Extended Fund Facility worth approximately $900 million in September 1998 - played a critical role in turning the economy around. After several years of tumult, Bulgaria's economy has stabilized. Its better-than-expected economic performance in 1999 - despite the impact of the Kosovo conflict, the 1998 Russian financial crisis, and structural reforms - and strong growth in 2000 portends solid growth over the next few years; this assumes continued fiscal restraint, additional structural reforms, aid from abroad, and prosperous times in the EU economy.
GDP: purchasing power parity - $48 billion (2000 est.)
GDP - real growth rate: 5% (2000 est.)
GDP - per capita: purchasing power parity - $6,200 (2000 est.)
GDP - composition by sector: agriculture: 15%
Industry: 29%
Services: 56% (2000 est.)
Population below poverty line: 35% (2000 est.)
Household income or consumption by percentage share: lowest 10%: 3.4%
Highest 10%: 22.5% (1995)
Inflation rate (consumer prices): 10.4% (2000 est.)
Labor force: 3.83 million (2000 est.)
Labor force - by occupation: agriculture 26%, industry 31%, services 43% (1998 est.)
Unemployment rate: 17.7% (2000 est.)
Budget: revenues: $4.85 billion
Expenditures: $4.92 billion, including capital expenditures of $NA (2000 est.)
Industries: electricity, gas and water; food, beverages and tobacco; machinery and equipment, base metals, chemical products, coke, refined petroleum, nuclear fuel
Industrial production growth rate: 10.8% (2000 est.)
Electricity - production: 36.217 billion kWh (1999)
Electricity - production by source: fossil fuel: 51.52%
Hydro: 8.35%
Nuclear: 40.12%
Other: 0.01% (1999)
Electricity - consumption: 33.182 billion kWh (1999)
Electricity - exports: 2.2 billion kWh (1999)
Electricity - imports: 1.7 billion kWh (1999)
Agriculture - products: vegetables, fruits, tobacco, livestock, wine, wheat, barley, sunflowers, sugar beets
Exports: $4.8 billion (f.o.b., 2000 est.)
Exports - commodities: clothing, footwear, iron and steel, machinery and equipment, fuels
Exports - partners: Italy 14%, Turkey 10%, Germany 9%, Greece 8%, Yugoslavia 8%, Belgium 6%, France 5%, US 4% (2000)
Imports: $5.9 billion (f.o.b., 2000 est.)
Imports - commodities: fuels, minerals, and raw materials; machinery and equipment; metals and ores; chemicals and plastics; food, textiles
Imports - partners: Russia 24%, Germany 14%, Italy 8%, Greece 5%, France 5%, Romania 4%, Turkey 3%, US 3% (2000)
Debt - external: $10.4 billion (2000 est.)
Economic aid - recipient: $1 billion (1999 est.)
Currency: lev (BGL)
Currency code: BGL
Exchange rates: leva per US dollar - 2.0848 (January 2001), 2.1233 (2000), 1.8364 (1999), 1,760.36 (1998), 1,681.88 (1997), 177.89 (1996)
Note: on 5 July 1999, the lev was redenominated; the post-5 July 1999 lev is equal to 1,000 of the pre-5 July 1999 lev
Fiscal year: calendar year
International organization participation:
ACCT, BIS, BSEC, CCC, CE, CEI, CERN, EAPC, EBRD, ECE, EU (applicant), FAO, G- 9, IAEA, IBRD, ICAO, ICFTU, ICRM, IFC, IFRCS, IHO (pending member), ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, IOM, ISO, ITU, NAM (guest), NSG, OAS (observer), OPCW, OSCE, PCA, PFP, UN, UNCTAD, UNESCO, UNIDO, UNMEE, UNMIBH, UNMIK, UNMOP, UPU, WCL, WEU (associate partner), WFTU, WHO, WIPO, WMO, WToO, WTrO, ZC
Transportation
Railways: total: 4,294 km
Standard gauge: 4,049 km 1.435-m gauge (2,710 km electrified; 917 km double track)
Narrow gauge: 245 km 0.760-m gauge (1998)
Highways: total: 36,724 km
Paved: 33,786 km (including 314 km of expressways)
Unpaved: 2,938 km (1999)
Waterways: 470 km (1987)
Pipelines: petroleum products 525 km; natural gas 1,500 km (1999)
Ports and harbors: Burgas, Lom, Nesebur, Ruse, Varna, Vidin
Merchant marine: total: 81 ships (1,000 GRT or over) totaling 938,706 GRT/1,440,374 DWT
Ships by type: bulk 44, cargo 16, chemical tanker 4, container 2, passenger/cargo 1, petroleum tanker 6, railcar carrier 2, refrigerated cargo 1, roll on/roll off 3, short-sea passenger 1, specialized tanker 1 (2000 est.)
Airports: 215 (2000 est.)
Airports - with paved runways: total: 128
over 3,047 m: 1
2,438 to 3,047 m: 19
1,524 to 2,437 m: 15
914 to 1,523 m: 1
Under 914 m: 92 (2000 est.)
Airports - with unpaved runways: total: 87
1,524 to 2,437 m: 2
914 to 1,523 m: 10
Under 914 m: 75 (2000 est.)
Heliports: 1 (2000 est.)
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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