about us | newsletter | contact | archive | members area
Nicolae Ghibu, Certsign
Regulations will come gradually and will cover all areas»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

The gap between imports and exports of food products tripled in the first half

2016-10-21 21:49:48 - From the Print Edition

In the first half of 2016, the agro-food trade deficit, namely the gap between imports and exports, amounted to 663.6 million Euro, more than three times higher than the same period in 2015, according to a report submitted by the Ministry of Agriculture and Rural Development to Mediafax. Imports rose by 12.5 per cent, reaching 2.9 billion Euro, while exports totalled only 2.3 billion Euro, down 4.9 per cent compared to the first semester of 2015, resulting thus a trade deficit in food products of over 663 million Euro. On imports, the most significant increases have been observed in wheat (up 35.1 million Euro), bakery, confectionery and biscuits products (up 28.4 million Euro), sugar (up 25.5 million Euro), ready to cook food (+20.5 million Euro), chocolate (+20.1 million Euro), cheese (up 18.3 million Euro), bananas (+16.7 million Euro), cigarettes (+15.2 million Euro) and citrus fruits (up 15.0 million Euro). Pork meat was the main product imported in the first half, the total value being of 129.5 million Euro (up 12.8 million Euro compared to the same period of 2015). Imports decreased on corn (down 119.7 million Euro), live swine (down 7.3 million Euro) and sunflower seeds (down six million Euro). On exports, corn and sunflower oil have marked the strongest decreases compared to the first half of last year, by 259.8 million Euro and by 42.5 million Euro, respectively. For poultry, exports fell by 10.2 million Euro, while imports increased by 8.1 million Euro. The main product exported was wheat, with 2.43 million tonnes for 421.7 million Euro, the delivered quantity increasing by 88.1 per cent compared to the corresponding period of the previous year, and revenues being higher by 151.9 million Euro. Additional volumes exported generated higher revenues compared to the first semester of 2015 on barley (+23.2 million Euro), sunflower seeds (+15.6 million Euro), live cattle (+14.8 million Euro), bakery, confectionery and biscuits products (+9.6 million Euro), pork meat (+ 6.7 million Euro).



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  6718 Views
Daily Info
Smart city is not a fad, it's a necessity

In June 2018, the ranking of the most "smart" cities in the world was published. In other words, the most advanced cities in terms of human capital, social cohesion, the econo...

Ondrej Safar, CEZ Group: "Romania can become a hub for international smart solutions providers"

"We are already in the digital age, so the upward trend of implementing smart solutions is inevitable in all areas," he tells The Diplomat-Bucharest. "Especially in terms of u...

Telekom Romania, a strong supporter of Smart City development in Romania

Just like many other countries in the world Romania is now facing an unprecedented growth of the urban population, which can be both beneficial and detrimental for the society...

In the industrial era, the fight was for finite material resources. Not anymore

Now organizations fight and develop themselves for and around their talent. In a nutshell, getting ahead in today's business world is all about attracting and inspiring an e...

Richard Sareczky, Mol Limo: "We look at expansion locations across CEE including Romania"

Consumer mobility behaviour is changing, leading to up to one out of ten cars sold in 2030 potentially being a shared vehicle and the subsequent rise of a market for fit-for-p...

 
 
   
advertising

advertising

advertising

More on News
President Iohannis urges Romanians to be more united, stay involved in modernizing Romania

Romania's President Klaus Iohannis urged Romanians in France to be more united and stay involved as much as they are now in helping modernise Romania.

2 Comments

Dacia receives 115.8 million RON in state aid from the Finance Ministry

The Romanian Finance Ministry has signed five more grant agreements under the state aid scheme, and among the beneficiaries are Automobile Dacia, with RON 115.8 million.

1 Comment

EBRD cuts economic growth forecast for Romania

Romania's economy will grow by 4.2 per cent this year and by 3.6 per cent in 2019, according to the most recent forecast released by the European Bank for Reconstruction an...

1 Comment

OTP Bank Romania signs investment funds distribution deal with Eurobank Fund Management Luxembourg

OTP Bank Romania signed a partnership with Eurobank Fund Management Company (Luxembourg) for the distribution of investment funds in Romania. Thus, from December 1st, OTP B...

Fondul Proprietatea expresses disappointment over Engie listing rejection

Fondul Proprietatea is disappointed with the decision taken by the majority shareholder of Engie SA, Romania Gas Holding B.V., to oppose the listing of the company, accordi...

1 Comment

Europe must become a producer of new technologies, not just a consumer of technologies, says EC

Europe must become a producer of new technologies, not just a consumer of technologies, said Gerard de Graaf, Director for the Digital Single Market in Directorate-General ...

1 Comment

FDI in Romania rises 10 per cent after ten months in 2018

Non-residents' direct investment in Romania (net FDI) totaled 4.56 billion Euro in January-October 2018, around 10 per cent more compared to the same period of 2017, Romani...

1 Comment