 A VIEW OF STRUCTURAL EVOLUTIONS OF THE ROMANIAN AGRI-FOOD TRADE AND ITS COMPETITIVENESS IN THE LAST TWO DECADESCamelia Gavrilescu ()
Agricultural Economics and Rural Development, 2022, vol. 19, issue 2, 165-181 Abstract: In the post-accession period, the Romanian agri-food trade expanded significantly, both in terms of value and volume of exports and imports. The Romanian agri-food trade registered a permanent deficit in the last three decades (with a short exception, in the period 2013–2014). The deficit was increased by the negative trade balance with the EU countries, but since 2010, the deficit has been partially offset by the commercial surplus with the extra-EU countries. The present paper analyses the evolution of the agri-food trade balance for the main product groups, and the results highlight those product groups that have been the main contributors to the deficit and have remained the main import goods (fruits, vegetables, milk and dairy products) over time, those goods in which trade balances vary from negative to positive depending on the economic situation (poultry, eggs), as well as those with a permanent positive balance (cereals, oilseeds). The competitiveness of the agri- food trade is assessed using two indices: Balassa index (Revealed Comparative Advantage) and Grubel-Lloyd index (GLI). Keywords: agri-food trade; Romania; trade balances; RCA index; GL index (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:iag:reviea:v:19:y:2022:i:2:p:165-181 Access Statistics for this article More articles in Agricultural Economics and Rural Development from Institute of Agricultural Economics Contact information at EDIRC. |
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