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Agricultural commodities and processed products ratio in the Romanian international agrifood trade

Author

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  • Gavrilescu, Camelia

Abstract

Romania’s international agrifood trade increased significantly during the last decade, and mostly after the EU accession. Since 1990, the Romanian agrifood trade balance showed an almost continuous increasing deficit trend until 2008. In four years only, the trend reversed and in 2013, for the first time in the last two and a half decades, the agrifood trade balance turned positive. The present paper is analyzing the evolution of the trade evolution and its structure, separating the agrifood products in three categories: agricultural commodities, primarily processed products and secondary processed products. A higher ratio of processed products in exports is indicating an increased competitiveness, resulting from higher unit values incorporating more added value, and showing, at the same time, a higher development degree of the country’s food industry. The results for total trade show that the processed products represented at most 46% of the Romanian exports, and at least 63% of imports, indicating a low-competitive structure of the agrifood trade. The analysis is detailed for intra and extra-EU trade and by main partners and groups of products.

Suggested Citation

  • Gavrilescu, Camelia, 2014. "Agricultural commodities and processed products ratio in the Romanian international agrifood trade," MPRA Paper 61729, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:61729
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    File URL: https://mpra.ub.uni-muenchen.de/61729/1/MPRA_paper_61729.pdf
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    References listed on IDEAS

    as
    1. Gavrilescu Camelia, 2014. "Evolution Trends of the Romanian Post-Accession Agrifood Trade," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 119-124, May.
    2. Regmi, Anita & Gehlhar, Mark J. & Wainio, John & Vollrath, Thomas L. & Johnston, Paul V. & Kathuria, Nitin, 2005. "Market Access For High-Value Foods," Agricultural Economics Reports 33999, United States Department of Agriculture, Economic Research Service.
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    Cited by:

    1. Ursu, Ana, 2016. "“Agricultural Economics and Rural Development - realities and perspectives for Romania”," MPRA Paper 75599, University Library of Munich, Germany.
    2. Gavrilescu, Camelia & Mateoc, Sirb Nicoleta & Mateoc, Teodor, 2017. "Romanian agrifood trade with the mediterranean countries – from the Barcelona declaration to the euro-mediterranean partnership," MPRA Paper 85092, University Library of Munich, Germany.

    More about this item

    Keywords

    agrifood trade; competitiveness; processed products;

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • L69 - Industrial Organization - - Industry Studies: Manufacturing - - - Other
    • N50 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - General, International, or Comparative
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade

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