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Romania’s Position in the European Union Intra-Community Agri-Food Trade

Camelia Gavrilescu ()

Ovidius University Annals, Economic Sciences Series, 2014, vol. XIV, issue 2, 18-23

Abstract: The accession to the European Union meant for Romania major expansion in its international agri-food trade. The present paper is empirically analyzing Romania’s position in the intra-EU agri-food trade flows and the main changes in the post-accession period. Main products flows, in terms of values, directions and composition are analyzed as well. The conclusions are indicating a continuous upward trend in exports, together with a significant decrease in imports. Although the total trade (intra and extra-EU) showed a major shift in the trade balance trend, from high deficits to a newly gained position of net exporter of agri-food products, in the intra-EU trade Romania still has a negative balance. The pillars of the exports are agricultural commodities, while the largest share of imports is processed products, showing an unfavorable composition of the agri-food trade.

Keywords: agri-food trade; Romania; processed products (search for similar items in EconPapers)
JEL-codes: Q18 (search for similar items in EconPapers)
Date: 2014
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Handle: RePEc:ovi:oviste:v:xiv:y:2014:i:2:p:18-23