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Romania doubles its Q1 exports of wheat, maize

Romania has exported 1.646 million tonnes of wheat and maize over the first quarter of 2014, twice the amount of the 2013 Q1, which was 755,400 tonnes, Ministry of Agriculture and Rural Development (MADR) data show.

2014-07-14 15:44:10

Wheat contributed with 926,000 tonnes and maize with 720,000 tonnes to the exports of cereals; the respective revenues were 195.5 million Euro and 259.2 million Euro.

According to data received by AGERPRES on Friday, total income from wheat and maize exports was above 454.7 million Euro in January-March 2014, or 39 percent of the total agri-food exports of 1,169.8 million Euro.

The 2013 Q1 figure was 262.6 million Euro for wheat and maize.

On the other hand, Romania has imported 108,100 tonnes of these cereals over the same three-month period, slightly down year-on-year from 111,600 tonnes. The figures of these imports in 2014 Q1 were 83,100 tonnes and 15.5 million Euro for wheat, and 25,000 tonnes and 35.6 million Euro for maize.
MADR posted a positive trade balance of 9.4 million Euro for agri-foodstuff in Q1, compared to a 308.9 million Euro deficit in the first quarter of 2013.

Romania agri-foodstuff exports amounted to almost 1.17 billion Euro in Q1 2014, up 38.4 percent year-on-year, while imports advanced only 0.6 percent to 1.16 billion Euro.

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