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Analysis of Romania's Foreign Trade with Main Partner - Financial Views on the Agri-Food Sector

Author

Listed:
  • Marilena Potârniche (Berheci)

    (The Bucharest University of Economic Studies, Romania)

  • Ionut Laurentiu Petre

    (The Bucharest University of Economic Studies, Romania)

  • Florentina Marin (Pascu)

    (The Bucharest University of Economic Studies, Romania)

Abstract

According to the literature, Romania maintains a close trade relationship, in terms of agri-food products, with Germany, especially the import-export relationship, thus, Romania imports either in terms of value the most, or in terms of assortment diversification, most from Germany. Thus, in this paper, the aim is to carry out an analysis of all the chapters of the Combined Nomenclature, related to the agri-food sector to determine the key chapters in terms of demand in Romania, using the ABC method which can structure the range of products in three categories of importance.

Suggested Citation

  • Marilena Potârniche (Berheci) & Ionut Laurentiu Petre & Florentina Marin (Pascu), 2023. "Analysis of Romania's Foreign Trade with Main Partner - Financial Views on the Agri-Food Sector," Journal of Financial Studies, Institute of Financial Studies, vol. 8(15), pages 168-180, November.
    • Handle: RePEc:fst:rfsisf:v:8:y:2023:i:15:p:168-180
    DOI: 10.55654/JFS.2023.8.15.11
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    References listed on IDEAS

    as
    1. Will Martin, 2017. "Agricultural Trade and Food Security," Policy notes & Policy briefs 1744, Policy Center for the New South.
    2. Cezar Ionut BICHESCU & Silvius STANCIU, 2018. "Considerations on the Romanian International Trade with Agri-Food Products," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 30-37.
    3. Valeria Borsellino & Emanuele Schimmenti & Hamid El Bilali, 2020. "Agri-Food Markets towards Sustainable Patterns," Sustainability, MDPI, vol. 12(6), pages 1-35, March.
    4. Luboš SMUTKA & Miroslav SVATOŠ & Karel TOMŠÍK & Olga Ivanovna SERGIENKO, 2016. "Foreign trade in agricultural products in the Czech Republic," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 62(1), pages 9-25.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    foreign trade in agri-food products; Romania; Germany; the main source of imports.;
    All these keywords.

    JEL classification:

    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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