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Highlights Of Romania’S Contributions To The Eu Agricultural Sector, On The Brink Of The New Cap

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  • Mirela Adriana RUSALI

    () (Institute of Agricultural Economics, Romanian Academy, Bucharest)

Abstract

The research focused on Romania’s contributions to EU-27 agriculture compared to the Member States, on the brink of the new CAP reform, from the perspective of the main statistical and synthetic indicators: 5% (7.8 billion Euros) share in EU’s gross value added, in 2013, due to a share of crop output of 6% and animal output of 2.4%; small shares both in exports and imports – the Romanian agri-food exports to the EU had small market shares, although an increasing trend was noticed in 2001-2013; the highest market share value of the period was in 2013, i.e. 1.2%. Romania’s agri-food trade balance had significant deficits, on the average -1.1 billion Euro in 2001-2006 and widened to a historical value of -1.9 billion Euro in 2007-2009; it continued with a balancing tendency up to the year 2013, which marked a positive trade balance of 343 million Euro, unique performance obtained in the last quarter of the century.

Suggested Citation

  • Mirela Adriana RUSALI, 2014. "Highlights Of Romania’S Contributions To The Eu Agricultural Sector, On The Brink Of The New Cap," Agricultural Economics and Rural Development, Institute of Agricultural Economics, vol. 11(1), pages 99-107.
  • Handle: RePEc:iag:reviea:v:11:y:2014:i:1:p:99-107
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    More about this item

    Keywords

    agri-food sector; agricultural output value; trade balance.;

    JEL classification:

    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • F15 - International Economics - - Trade - - - Economic Integration

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