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    Home > Food News > Food Articles > Romania's agricultural trade deficit shrinks by nearly 40% in first nine months of 2021

    Romania's agricultural trade deficit shrinks by nearly 40% in first nine months of 2021

    • Last Update: 2022-01-21
    • Source: Internet
    • Author: User
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    Economedia.
    ro reported on January 5, according to data from the Romanian Ministry of Agriculture and Rural Development, Romania's agricultural trade deficit in the first nine months of 2021 was 758.
    6 million euros, a drop of nearly 40% compared to the same period in 2020
    .
    From January to September 2020, the deficit exceeded 1.
    245 billion euros
    .
    Exports rose by 26% to 6.
    57 billion euros in the same period in 2021, while imports rose by 13.
    5% (7.
    33 billion euros), according to the Ministry of Agriculture
    .
    Pork has been the most imported product by Romania in the past two years, with an import value of 407 million euros, followed by bakery products, such as cakes and biscuits, with an import value of 313 million euros, and animal feed, accounting for 289 million euros
    .
    In terms of exports, cereals and olive oil are the most exported to the EU and abroad, with a value of about 1.
    19 billion euros, followed by corn (919 million euros), tobacco leaves, cigars, cigarettes (475 million euros), and sunflower seeds (443 million euros)
    .
    Economedia.
    ro reported on January 5, according to data from the Romanian Ministry of Agriculture and Rural Development, Romania's agricultural trade deficit in the first nine months of 2021 was 758.
    6 million euros, a drop of nearly 40% compared to the same period in 2020
    .
    From January to September 2020, the deficit exceeded 1.
    245 billion euros
    .
    Exports rose by 26% to 6.
    57 billion euros in the same period in 2021, while imports rose by 13.
    5% (7.
    33 billion euros), according to the Ministry of Agriculture
    .
    Pork has been the most imported product by Romania in the past two years, with an import value of 407 million euros, followed by bakery products, such as cakes and biscuits, with an import value of 313 million euros, and animal feed, accounting for 289 million euros
    .
    In terms of exports, cereals and olive oil are the most exported to the EU and abroad, with a value of about 1.
    19 billion euros, followed by corn (919 million euros), tobacco leaves, cigars, cigarettes (475 million euros), and sunflower seeds (443 million euros)
    .
    agricultural products
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