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Romania's exports of agricultural products exceeded imports by 514 million Euro

Romania's exports of agricultural products reached 5.4 billion Euro last year, up by 6.1 per cent compared to 2013, surpassing by 514 million Euro its imports, worth about 4.9 billion Euro, making this the second year of surplus trade in the sector, according to the Ministry of Agriculture, quoted by newswire Mediafax

2015-04-03 21:16:38 - From the Print Edition

Compared to 2013, when it stood at 324.9 million Euro, the trade surplus of the agricultural products exchange rose by 58.3 per cent last year. Imports were 2.6 per cent higher in 2014 than the previous year. "If 2013 was the first in the last 20 years with a positive trade balance for the exchange of agricultural products, 2014 brings us the best result in terms of trade surplus for this period, namely 514.3 million Euro," said Daniel Constantin, Minister of Agriculture and Rural Development, in a press release.
Compared to the previous year, the value of intra-Community deliveries of agricultural products in 2014 increased by 10.7 per cent, while exports to third countries decreased by 0.3 per cent. Purchases from EU Member States increased by 3.2 per cent and those of third countries remained at the same level as in 2013. The main agricultural products exported in 2014 were: wheat (almost five million tonnes for 959.4 million Euro), maize (3.7 million tonnes for 755.1 million Euro), cigarettes, sunflower oil and seeds, rapeseed, barley, livestock of sheep, goats or cattle and poultry meat. In terms of imports, swine meat, soy grits, bakery products, chocolate and various food preparations were on top last year regarding the share in total import value. Compared to 2013, the bills were higher mainly at raw tobacco (total 162.4 million Euro, representing an increase of 27.9 per cent), poultry meat (146.1 million Euro, up 19.2 per cent), chocolate (163.6 million Euro, up 16.3 per cent) and swine meat (286.1 million Euro, up 6.5 per cent).

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