The deficit of the Romanian agro-foreign trade balance was around 75 percent in the first quarter
In the first quarter, the deficit of Romania’s agricultural and foreign trade balance grew by almost 75 percent to 460.37 million euros, according to the data of the Romanian Ministry of Agriculture.
In the first three months of last year, the deficit was 263.54 million euros.
Romania exported 2.94 million tons of food, worth 1.257 billion euros. Romania last year exported 2,613 million tons of food worth 1.219 billion euros, the Agerpres Romanian news agency reported.
Food imports have grown faster than this year, as 2.049 million tons of food were imported in the first quarter of this year in a value of 1.717 billion euros, while 1.631 million tons of food was imported to Romania in the same period of last year in a value of 1.482 billion euros. (MTI)
Related news
The Ministry of Agriculture has issued a notice on the use of ENAR data in support policy
In the case of animal-based subsidies financed from EU funds,…
Read more >Farmer-centric agricultural policy after 2027 receives unanimous support
The EU member states’ agriculture ministers have adopted Council conclusions…
Read more >Slow but steady growth in sunflower producer prices
Oil World experts expect a global sunflower seed harvest of…
Read more >Related news
Technological advancements and business travel
The latest research from International Workplace Group (IWG), the leading…
Read more >K&H: a gift, but what and from which store?
When it comes to Christmas gift-giving, clothes are the most…
Read more >Eckes-Granini acquires fruit juice concentrate producer in Germany
Eckes-Granini, one of Europe’s leading juice producers, has acquired Wolfgang…
Read more >