The Romanian government has convened an agriculture commission to draft a new law regarding live animal exports, which would make Romania responsible for the state of … The global financial and economic crisis of 2008 strongly felt in Europe and affected its countries. Romania's main imports and exports are electrical machinery, motor vehicles & parts and industrial machinery. In 1989 more than 15 million hectares-- almost two-thirds of the country's territory--were devoted to agriculture. Who is AUR, the anti-system movement that has become the new force in Romanian politics? Exports continue to account for 90 percent of the value of Romania’s organic Of that land, about two-thirds are suitable for farming. In 2018, U.S. agri-food exports to Romania continued their upwards trend, reaching a new peak. Sources: Global Trade Atlas; National Institute of Statistic. Economic activity picked up in 2013 and is forecasted to reach around 2.8% in 2014, driven by the gradual improvement in the domestic demand, led by the private consumption, and by exports, mainly to the EU. In 2019, food exports for Romania was 10.3 %. (P) Work remotely from the tranquility and comfort of the Transylvanian Wilderness! The main U.S. commodities exported to Romania in 2018 consisted of protein meals, food preparations, spirits, fruits and nuts, and seafood. In 2018, Romania bought US$97.8 billion worth of imported products up by 25.5% since 2014 and up by 14.6% from 2017 to 2018. Consumer demand for beverages expanded again in 2018. Report Name: Romania Reverses Decision to Ban Grain Exports Country: Romania Post: Bucharest Report Category: Agricultural Situation, Agriculture in the Economy, National Plan, Policy and Program Announcements, Grain and Feed, Oilseeds and Products Prepared By: Monica Dobrescu Approved By: Jonn Slette Report Highlights: Romania: Major import sources Encyclopædia Britannica, Inc. By the beginning of the 21st century, traditional Romanian exports such as textiles and clothing accounted for more than one-fifth of exports, followed by metals, electrical equipment, oil, and nonelectrical machinery. Romanian exports to the EU account for about 70% of total agri-food exports. Total Romanian imports of spirits declined by 7% in volume but expanded by 14% in value in 2018. Letter from the Editor: Should news be free? Import-export activities carried out in Romania can generally be developed by local and foreign businesses without any special measures of supervision or control. Romania is a country of considerable economic potential: over 10 million hectares of agricultural land, diverse energy sources (coal, oil, natural gas, hydro, nuclear and wind). The U.S., traditionally our largest foreign market, last year accounted for just over 35% of our total agricultural exports, worth C$33.97 billion. In 2018, U.S. agri-food direct exports expanded by 37% over 2017, while indirect exports rose by 4%. In Romania, our agricultural supply chain activities include: Sourcing and supplying grains and oilseeds to the domestic and export markets Helping our partners thrive Romania is one of Europe's most significant producers of oilseeds and grains. World Development Indicators (WDI) Data Source: World … Romania’s principal crops - corn, wheat, and sunflower - account for about 15 million acres of farmland. 28263. 62% of the land area is used for agriculture, followed by forests and other land with forest vegetation (27%). Agriculture is the main land user in the European Union, accounting for more than 47% of the region's total area (Giannakis and Bruggeman, 2015).Romania is the country with the most divided agricultural structure within EU-28, having in 2013 33.49% of the agricultural holdings in the European Union and 7.47% of its agricultural area (Eurostat, 2017a,). Livestock Romanian Cattle for sale and export With a large agricultural industry, Romania has an approximate total number of cattle of around 200,000 heads. The share of the United States in total soybean imports increased from 11% in 2017 to 40% in 2018 This increase was in response to the restrictive trade regime adopted by China, which made U.S. soybeans more competitive compared to South American ones. The decrease is the result of the fact that trade in non-agricultural products has increased more sharply during this period. The United States is a significant whiskey supplier to Romania with a share of 14% in 2018. Romania Economy Overview. Agriculture plays an integral and unique role in Romania’s economy. Exports to Romania in Germany decreased to 1299348 EUR THO in August from 1332772 EUR THO in July of 2020. Questions from our readers: I am a US citizen, can I enter Romania? The land itself is Romania's most valuable natural resource. Romania also exported 23% more walnuts and got EUR 60.4 million, 56% more than in 2013. In 2018, U.S. shipments accounted for nearly 60% of almond imports and 11% of walnut imports. (P) What can business travelers and tourists visit in downtown Bucharest? Business Insider SRL is a carrier of data with personal character, registered in the “Registrul de Evidenta a Prelucrarilor de Date cu Caracter Personal” with the no. Romania’s agricultural imports were EUR 4.9 billion, 2.6% higher than in 2013. The numerous fiscal measures adopted by the Romanian Government were reflected in an increase in disposable income at the consumer level. While Europe accounted for half of world agricultural exports in 1995, its share fell to 43% in 2019. Romania’s prudent macroeconomic management has enabled a quick recovery from the global financial crisis. Intra-EU trade accounts for 77% of Romania’s exports (Germany 23%, Italy 11% and France 7%), while outside the EU 3% go to Turkey and 2% to the United States. Romania services export is 27,435,179,461 in BoP, current US$ and services import is 17,173,097,639 in Bop, current US$.Romania exports of goods and services as percentage of GDP is 41.64% and imports of goods and services as percentage of GDP is 44.85%. The agricultural trade surplus was EUR 514 million, 58% higher than in 2013 (EUR 325 million). Other types of land occupy 11% of the total area of the country (waters, ponds, lakes, yards and buildings, means of communication, etc). In 2018, Romania bought US$97.8 billion worth of imported products up by 25.5% since 2014 and up by 14.6% from 2017 to 2018. Romania exported almost 5 million tons of wheat, worth EUR 959 million, 3.7 million tons of corn, worth EUR 755 million, and cigarettes worth EUR 699 million. Imports account for about a fifth of the market in value terms (Table 4). According to the National Statistics Institute, in 2006 991,000 ha of sun-flower and 191,000 ha of soybean were cultivated. Romanian grain production is forecast to grow by 1 percent in marketing year (MY) 2019/20 mainly due to area expansion. Romania’s main industrial exports to the EU-15 were textiles, machinery, footwear and steel products. All but the most rugged mountainous regions sustain some form of agricultural activity. There are 3.9 million farm holdings in Romania, the majority of which are family farms of extensive semi-natural grassland pastoral systems and mixed farming systems. World Bank. Despite the fertility of Walachia's soil, yields fluctuate considerably from year to year because of recurre… Romania announced an export ban on certain cereals as part of new measures to cope with the coronavirus outbreak, national media reported. Op-Ed: Why is quality media in danger of disappearing & how does a niche online publication support itself. This affects Canada, the world’s fifth-largest agricultural exporter in 2018. Romania’s prudent macroeconomic management has enabled a quick recovery from the global financial crisis. While Romania imports substantial quantities of grain, it is largely self-sufficient in other agricultural products and food stuffs, due to the fact that food must be regulated for sale in the Romania retail market, and hence imports almost no food products from other countries. Table 3 – Tree Nuts imports, Romania, 2014-2018, Total tree nuts imports from the United States, Source: Global Trade Atlas; National Institute of Statistics. the growth of EU exports to Romania continued in 2003, the year also saw a significant growth in Romania’s agricultural exports to the Community which has contributed to a noteworthy reduction in its trade deficit in the sector. In 2007, over 200,000 ha offarmland were cultivated organically. KEY DATA 2. POPULATION & ECONOMY 3. agbucharest@fas.usda.govwww.fas.usda.govhttp://gain.fas.usda.gov/Pages/Default.aspx (GAIN reports). Industrial output fell less steeply in … The international dimension is part and parcel of the common agricultural policy (CAP), as maintaining a healthy balance of imports and exports is key to safeguarding internal market stability. Economic growth rebounded in the 2013-17 period, driven by strong industrial exports, excellent agricultural harvests, and, more recently, expansionary fiscal policies in 2016-2017 that nearly quadrupled Bucharest’s annual fiscal deficit, from +0.8% of GDP in 2015 to -3% of GDP in 2016 and an estimated -3.4% in 2017. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. Romania's main exports are agricultural and food products ,wines and alcoholic drinks , wood products, textiles and leather , industrial machinery, electrical and electronic equipment, metallurgic products, cars , software, pharmaceuticals, … In U.S. tree nut exports to Romania grew from $5.2 million in 2014 to $9.7 million in 2017, but they fell by 5% in 2018 (Table 3). Romania main exports partners are other European Union members with Germany, Italy and France being the most important. The direct and indirect contributions to the wood industry for the economy reaches about 3.5 percent of GDP annually. Exports to Romania in Germany averaged 733849.38 EUR THO from 2000 until 2020, reaching an all time high of 1556690 EUR THO in October of 2019 and a record low of 148019 EUR THO in February of 2000. The evolution of Romanian imports from the EU market was affected significantly, especially in 2009 and 2010 (due to lower domestic demand of operators and households). This is the highest nut volume exported to Romania from United States in the past five years (1,350 MT). However, the rise of communism in the mid-20th century resulted in collective agriculture, followed by que… Andrei lives with his family in the countryside in Northern Romania, where he built their own house. AGRICULTURAL TRADE 6. Romanian exports to the EU account for about 70% of total agri-food exports. The share of agricultural products in total merchandise exports decreased from 8.9% in 1995 to 7.9% in 2019. FINANCIAL ASPECTS 4. Romania incurred an overall -$19.7 billion trade deficit during 2019, up 7.9% from the -$18.2 billion in red ink one year earlier. Press release: Zip Codes in Romania and worldwide: What Is a Postcode and how to find one? These semi-natural small-scale farmed landscapes are of significant economic importance. Downloadable! Other significant exports were sunflower seeds and oil, rapeseeds, barley, live sheep and goats, chicken meat, and live cattle. The limited range of local valuable species and poor processing opportunities stimulate imports. Romania exports for 2018 was $100.48B, a 14.46% increase from 2017. Romania - Romania - Agriculture, forestry, and fishing: Agriculture has traditionally been the backbone of the Romanian economy; more than one-third of the land is devoted to cultivation (including vineyards, orchards, and vegetable gardens). This page includes a chart with historical data for Germany Exports to Romania. Romania’s wheat, corn and barley exports up by 20%. Romania's chief exports to Italy included leather footwear, cars, telephones, tobacco, men's suits, seats and iron pipes. Food comprises the commodities in SITC sections 0 (food and live animals), 1 (beverages and tobacco), and 4 (animal and vegetable oils and fats) and SITC division 22 (oil seeds, oil nuts, and oil kernels). The UAE purchased a record 132 KMT of Romanian rapeseed (26 KMT). Romania Economic Growth The economy is expected to contract at the sharpest pace in over a decade this year before rebounding strongly in 2021. Soybeans remain a minor crop in Romania, despite the generous coupled-support programs allocated by the European Union. Opportunities for additional U.S. exports: Foreign Safeguard Activity Involving U.S. Exports, Romania - Political and Economic Environment, Romania - Using an Agent to Sell US Products and Services, Romania - Distribution and Sales Channels, Romania - Trade Promotion and Advertising, Romania - Protecting Intellectual Property, Romania - Principle Business Associations, Romania - Limitations on Selling US Products and Services, Romania - Agricultural Machinery and Equipment, Romania - Information Technology/Cybersecurity, Romania - Import Requirements and Documentation, Romania - Prohibited & Restricted Imports, Romania - Customs Regulations and Contact Information, Romania - Licensing Requirements for Professional Services, Romania - U.S. Banks and Local Correspondent Banks, http://gain.fas.usda.gov/Pages/Default.aspx. All rights reserved. 8436 was $5,141.83K . Agriculture and Rural Development Statistical Factsheet CONTENTS Main figures 1. This development may be attributed on one hand to the uptrading tendency - that is, consumer migration from brands within the economic segment to premium and super-premium brands as a result of a higher disposable income. Romania: Grains and Feeds Update In 2007, when Romania joined the EU, the production of barley cereals (barley, wheat, rye and barley in autumn and spring) was of 4 million tonnes , in 2008 almost 9 million tonnes, from 2017 to 2019, every year it exceeded 12 million tons. As a result, in 2018, food imports increased by 7.6% and exports by 5%, so the trade deficit in agriculture grew by 26% (Table 1). © 2018 City Compass Media and/or its affiliated companies. Mechanization of agriculture in the country is still relatively low compared to other European Union countries. How to win over, date and keep a Romanian woman. Romania’s European Union - EU membership has given it access to European equipment free of import duties. Economic activity picked up in 2013 and is forecasted to reach around 2.8% in 2014, driven by the gradual improvement in the domestic demand, led by the private consumption, and by exports, mainly to the EU. PayPal enters in cryptocurrency market and other important events of the month, (P) The British School of Bucharest continues the Scholarship Programme. Meat, edible fruits, protein meals, and dairy were the major food-product import categories in 2018, while exports consisted of grains, oilseeds, live animals, and fats. However, according to Romanian Customs data, which reflect both direct and indirect shipments, Romania sourced upwards of $181 million of food and agriculture … Romania - Agricultural raw materials exports (% of merchandise exports) World Data Atlas. Romanian consumers remain prone to brands from the mainstream segment, which cover about 80% of the market. Though Romania the exports of agricultural products fluctuated substantially in recent years, it tended to increase through 1968 - 2017 period ending at 7.04 million 1000 US$ in 2017. Romania's economic growth potential can be further enhanced by staying on … In 2018, total grain production rose by 6%, supported by favorable weather conditions over the course of development. Romania's economic growth potential can be further enhanced by staying on … Strengthening foreign demand, particularly from German industry, is expected to bolster domestic production and ramp up exports. Retail products are becoming more widely available, and local consumption has increased. According to U.S. Census Bureau’s (BICO) data, in 2018 U.S. food and agricultural exports to Romania reached $108.9 million. The country paid 28% more for raw tobacco (EUR 162.4 million in total), 19% more for chicken meat (EUR 146 million), 16% more for chocolate (EUR 164 million), and 6.5% more for pork (EUR 286 million). The breadbasket of Romania is Walachia, which provides half the annual grain harvest and roughly half the fruit and grapes. The country’s largest exports were wheat, corn, and cigarettes. Romania Table of Contents Land. As a result, grain exports are estimated to grow by 14%, mainly due to wheat and corn crops. American manufacturers of agricultural equipment and machinery will find demand growing in the Romanian market, and a limited, but growing, number of buyers. The United States is among Romania’s largest tree nuts suppliers and accounts for 21% in terms of value and 15% in terms of volume. In 2018, U.S. agri-food exports to Romania continued their upwards trend, reaching a new peak. Domestic soybean production covers only a third of the livestock demand. Truck farming, especially in the Ilfov Agricultural District surrounding Bucharest, is also important. During this time the Argentine exports of agricultural products to the world reached a total of over $61.6 billion, 5% over the value in 2017. Exports to the Netherlands increased as much (290 KMT against 143 KMT). Romania - Exports (billions of Euros) Following a record GDP drop in Q2, available data points to a gradual recovery in Q3. Romania almost doubled exports to Belgium in the 2016/17 season (433 KMT against 233 KMT in the 2015/16 season). In 2018, fish and seafood imports increased by 15% in value and by 4% in volume compared to the previous year (Table 5). The country has an agricultural capacity of about 14.7 million acres, and only 10 million are arable. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: 12/27/2012 GAIN Report Number: RO1230 Romania Food and Agricultural Import Regulations and Standards - Narrative FAIRS Country Report Approved By: Michael Henney, Agricultural … This is a best prospect industry sector for this country. Rapeseed exports increased by EUR 146 million compared to 2013, to EUR 338 million. Sources. Agriculture in Romania plays a significant role and employs approximately 29% of the country’s labor force which is one of the highest in Europe. Romania is a net exporter of cereals (second-largest exporter in the region for maize) since 1995, in spite of excessive fragmentation of farm structures and inefficiencies in the marketing system. ECONOMIC ACCOUNTS 5. Wheat production subsequently fell to 3 million tons, and prices fell 25%. 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