about us | newsletter | contact | archive | members area
Bogdan Nitulescu, Tremend
Cryptocurrencies volatility is a big problem»

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).

There are 0 comments:

Validation Code

0 Comments  |  7160 Views
Daily Info
Smart city is not a fad, it's a necessity

In June 2018, the ranking of the most "smart" cities in the world was published. In other words, the most advanced cities in terms of human capital, social cohesion, the econo...

Ondrej Safar, CEZ Group: "Romania can become a hub for international smart solutions providers"

"We are already in the digital age, so the upward trend of implementing smart solutions is inevitable in all areas," he tells The Diplomat-Bucharest. "Especially in terms of u...

Telekom Romania, a strong supporter of Smart City development in Romania

Just like many other countries in the world Romania is now facing an unprecedented growth of the urban population, which can be both beneficial and detrimental for the society...

In the industrial era, the fight was for finite material resources. Not anymore

Now organizations fight and develop themselves for and around their talent. In a nutshell, getting ahead in today's business world is all about attracting and inspiring an e...

Richard Sareczky, Mol Limo: "We look at expansion locations across CEE including Romania"

Consumer mobility behaviour is changing, leading to up to one out of ten cars sold in 2030 potentially being a shared vehicle and the subsequent rise of a market for fit-for-p...




More on News
President Iohannis urges Romanians to be more united, stay involved in modernizing Romania

Romania's President Klaus Iohannis urged Romanians in France to be more united and stay involved as much as they are now in helping modernise Romania.


Two billion youth risk of being left behind in the Fourth Industrial Revolution workforce, says Deloitte

Almost two billion youth worldwide risk of being left behind in the Fourth Industrial Revolution (Industry 4.0) workforce, which is changing at an increasingly rapid pace a...


ArcelorMittal receives binding offer for European assets from Liberty

British-owned Liberty announced a conditional agreement to buy four European steel plants, employing more than 12,500 people.


The Romanian labour market needs a well-thought approach, says FIC

The Foreign Investors Council (FIC) has signaled in the past 2-3 years that its members are anticipating increasing strains on the Romanian labour market because starting w...


Revolut gets European banking license

Fintech startup Revolut is now officially a bank. While the startup initially expected to get its European banking license during the first half of 2018, the company has fi...


EBRD cuts economic growth forecast for Romania

Romania's economy will grow by 4.2 per cent this year and by 3.6 per cent in 2019, according to the most recent forecast released by the European Bank for Reconstruction an...

Dacia receives 115.8 million RON in state aid from the Finance Ministry

The Romanian Finance Ministry has signed five more grant agreements under the state aid scheme, and among the beneficiaries are Automobile Dacia, with RON 115.8 million.