HIGHLIGHTS OF ROMANIA’S CONTRIBUTIONS TO THE EU AGRICULTURAL SECTOR, ON THE BRINK OF THE NEW CAP

Mirela Rusali ()

Agricultural Economics and Rural Development, 2014, vol. 11, issue 1, 99-107

Abstract: The research focused on Romania’s contributions to EU-27 agriculture compared to the Member States, on the brink of the new CAP reform, from the perspective of the main statistical and synthetic indicators: 5% (7.8 billion Euros) share in EU’s gross value added, in 2013, due to a share of crop output of 6% and animal output of 2.4%; small shares both in exports and imports – the Romanian agri-food exports to the EU had small market shares, although an increasing trend was noticed in 2001-2013; the highest market share value of the period was in 2013, i.e. 1.2%. Romania’s agri-food trade balance had significant deficits, on the average -1.1 billion Euro in 2001-2006 and widened to a historical value of -1.9 billion Euro in 2007-2009; it continued with a balancing tendency up to the year 2013, which marked a positive trade balance of 343 million Euro, unique performance obtained in the last quarter of the century.

Keywords: agri-food sector; agricultural output value; trade balance. (search for similar items in EconPapers)
JEL-codes: F15 O12 Q17 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:iag:reviea:v:11:y:2014:i:1:p:99-107

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