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After joining CEFTA in 1997, Romania established a relatively stable group of partner countries for its agri-food trade. Several factors contributed to the stability in time of this group, firstly the existence or establishment of preferential trade agreements, the geographical proximity, and...
Persistent link: https://www.econbiz.de/10011455630
Romania's accession to the European Union meant the free access of its agri-food products on the European Single market, without tariff barriers or export quotas, as well as a better access on the international markets. At the same time, it meant the free access on the Romanian market of...
Persistent link: https://www.econbiz.de/10011588137
Romania had important trade relations with the Mediterranean countries since before 1990. Subsequently, in both the pre-accession and post-accession period, this group of countries took together about 47% of the extra-EU Romanian agri-food exports and 16% of the extra-EU imports (averages...
Persistent link: https://www.econbiz.de/10011853744
The Romanian agri-food trade has registered a permanent deficit during the last three decades (with a brief exception period, 2013-2014). The deficit was deepened by the negative trade balance with the EU countries, but since 2010, the deficit has been partially offset by the trade surplus with...
Persistent link: https://www.econbiz.de/10012212115
In the post-accession period, a common feature of the international agri-food trade of the new Member States was a significant increase in the volume and value of export and import flows, thus contributing to the increase in intra- and extra-Community trade. Despite these increases in total...
Persistent link: https://www.econbiz.de/10012518906