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Agriculture: Romania posts agri-foodstuff trade surplus for first time in nearly 20 years
Romania has for the first time in nearly 20 years posted surplus in the trade in agri-foodstuffs, recording more than 3 million euros surplus in the nine months of the year, Agriculture Minister Daniel Constantin has told Agerpres.
'Romania has not posted a plus in the agri-foodstuff trade since 1994 and we now already have 3.2 million euros in surplus in nine months. I think we will end 2013 on a plus, given that the current figures relate only three quarters of the year. We have managed to get almost 3.51 billion euros from the exports of agri-foodstuffs by the end of September', Constantin explained.
According to figures supplied by the Ministry of Agriculture and Rural Development to AGERPRES, Romania shipped over 8.1 million tons of agri-foodstuffs to countries both inside- and outside the European Union over this Jan.-Sept., up by 36 percent from the same period a year ago. The money won from such exports totalled 3.509 billion euros, up from 2.882 billion euros over last Jan.-Sept..
Grain exports have increasingly become profitable for Romania over the last years, with wheat, sunflower seeds and Romanian corn further being some of the most-in-demand agricultural products in the foreign market. Romanian grain shipments accounted for a combined 40 percent of the nine-month earnings this year.
The EU was Romania's main agricultural trade partner, both in terms of the deliveries of agri-foodstuffs to the EU market and by the purchases from the EU members.