ROMANIAN AGRI-FOOD TRADE PERFORMANCE AND COMPETITIVENESS IN ITS FIRST DECADE OF EU MEMBERSHIP

Camelia Gavrilescu

Abstract


The Romanian agri-food trade increased significantly since joining the EU. As compared to the 2006 (last year before accession), in the first membership decade exports increased 6.9 times and imports 2.5 times, diminishing the 2008 EUR 2.2 billion agri-food trade deficit as much as to turn positive in 2013-2014, just to shift subsequently again to a slight deficit. The paper is analyzing the changes occurred in this period in terms of value and quantities of traded goods, in the geographic orientation of the trade flows, as well as in their composition by main product groups using the unit value index method. Results show a net improvement in the trade performances, but still an unfavorable structure by products, with a low share of high value-added goods in exports. The last five years show a reorientation and concentration of an important part of main exports (cereals and live animals) to extra-EU destinations (such as Near and Middle East countries).

Keywords


agri-food trade; Romania; EU membership; competitiveness; processed products

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References


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Copyright (c) 2018 Camelia Gavrilescu

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LUCRĂRI ȘTIINȚIFICE MANAGEMENT AGRICOL

ISSN print 1453-1410
ISSN online 2069-2307
(former ISSN 1453-1410, E-ISSN 2069-2307)

PUBLISHER: AGROPRINT Timisoara, Romania
PAPER ACCESS: Full text articles available for free
FREQUENCY: Annual
PUBLICATION LANGUAGE: English

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