about us | newsletter | contact | archive | members area
Mircea Turdea, Farmec
The cosmetics industry is an extremely dynamic field and requires active players»

Food exports of Romania reached EUR 360 million in January this year

Romania exported foodstuff of 360.8 million euro in January 2014, on the rise by 44 percent (about 109.3 million euro) compared to the same period of 2013. Corn, wheat and cigarettes ranked first, according to data supplied by the Ministry of Agriculture and Rural Development (MADR).

2014-05-06 23:21:12

In January, the value of EU deliveries grew by 45.7 percent compared to 2013, to 229.2 million euro, while those to third countries totaled EUR 131.6 million, recording a plus of 39 percent. According to MADR data, most of incomes obtained from exports in January 2014 were generated by 291,000 tons of corn which brought 86.8 million euro, a plus of 76 percent compared to 2013, or 24.1 percent of the overall value.

Exports of wheat of 294.300 tons brought incomes of 60.6 million euro, on the rise by 152 percent against January 2013, representing 16.8 percent of the total obtained from exports. Foodstuff imports which recorded a drop of 3.3 percent in January 2014 because of the drop of foodstuff demand coming from third countries, totaling 325.3 million euro. EU imports grew by 9.6 percent in 2014 compared to 2013, to 276.9 million euro, while those from third countries dropped by 20.6 percent.

EU was Romanian main farm trade partner. In January 2014 foodstuff deliveries to EU represented 63.5 percent, while purchases from EU member states had a share of 85.1 percent. The excess registered in January 2014 in the foodstuff trade was of 35.5 million euro, compared to a deficit of 84.4 million euro in the same period of 2013.

Romania succeeded in 2013, for the first time in the last 20 years to register an excess of over 300 million euro in the foodstuff trade, compared to a deficit of 800 million euro in 2012. Last year Romania exported foodstuff of over 5.098 billion euro, 1.183 billion euro more than the previous year (plus 30.2 percent) and concluded the year with a plus of 325 million euro to the balance of trade for that segment.

Foodstuff imports exceeded 4.773 billion euro, with a growth of 2.4 percent compared to the value recorded in 2012.

There are 0 comments:

Validation Code

0 Comments  |  4701 Views
Daily Info
Colliers Romania appoints Laurentiu Lazar as new managing partner

Laurentiu Lazar will take over as the new managing partner of the real estate consultancy company Colliers International Romania, effective as of March. Ilinca Paun, the curre...

Skanska Romania appoints Aurelia Luca as new managing director

Skanska Property Romania, the local division of one of the largest real estate developers, announces changes at the top of management in Romania. Marcin Lapinski, Managing Dir...

Banca Transilvania has become a shareholder of Victoriabank

Banca Transilvania has become a shareholder of Victoriabank, the third largest bank in the Republic of Moldova, with a total participation of over 66 per cent alongside the Eu...

Rezidor to open a new Radisson Blu to open in Timisoara

The Rezidor Hotel Group announced the signing of the Radisson Blu Hotel, Timisoara. This takes the group’s portfolio in Romania to four hotels, with two in operation and two...

Mihai Tudose announces his resignation as prime minister

Mihai Tudose announced on Monday evening, at the end of the Social Democrat Party (PSD) National Executive Committee (CExN) meeting, that he resigns as prime minister of Roman...






More on News
Contract for the purchase of 227 Piranha V armored personnel carriers, signed in presence of PM Tudose

The contract for the purchase of 227 Piranha V armored personnel carriers was signed on Friday in the presence of Prime Minister Mihai Tudose, Deputy Prime Minister Marcel ...

Iohannis: Justice independence, public positions' integrity are constitutional values not to be negotiated

Promoting the rule of law and Justice independence, fighting against corruption, ensuring integrity in public positions and dignities are constitutional values that cannot ...

Mihai Tudose announces his resignation as prime minister

Mihai Tudose announced on Monday evening, at the end of the Social Democrat Party (PSD) National Executive Committee (CExN) meeting, that he resigns as prime minister of Ro...

Ministry of Public Finances set to issue Euro-bonds worth 8 billion Euro in the next two years

The Ministry of Public Finances (MFP) contemplates issuing Euro-bonds worth approximately 8 billion Euro (equivalent) over 2018-2019, in the context of the implementation o...

Garanti Bank expects a four per cent GDP growth rate in 2018

Garanti Bank estimates that the growth rate of the gross domestic product (GDP) could reduce speed in 2018, to four per cent, from 6.5 per cent in 2017, mainly due to a slo...

Garanti Leasing signs a loan agreement for 15 million Euro with EFSE

Garanti Leasing, part of Garanti Romania, has signed a loan agreement of 15 million Euro with the European Fund for Southeast Europe (EFSE). The facility is meant to increa...

EIB supports the modernisation of infrastructure in Oradea

The European Investment Bank (EIB) is lending 21 million Euro to the Municipality of Oradea to finance improvements to its urban infrastructure. EIB funds will also support...