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2014•RePEc: Research Papers in EconomicsOpen access

Chapter 6: Competitiveness of the Romanian extra-European agri-food trade

Camelia Gavrilescu, Gavrilescu, Camelia

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Abstract

Romania’s accession to the EU meant a significant increase in both the volume and value of the Romanian agrifood trade, and a continuation and increase of the trade flows with the EU. On the other hand, although joining the Single Market meant the discontinuation of the free trade agreements that have been in force for the last 15 years with Republic of Moldova, Turkey, Israel, AELS etc., Romania kept its traditional extra-EU partners, under the new rules. Since the EU is the world largest agrifood products exporter, the present paper is analyzing the position of Romania among the other EU member countries in terms of values, quantities and directions. The competitiveness of the Romanian extra-community agrifood is analyzed as well, since it improved significantly for the last three years.

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Romania’s accession to the EU meant a significant increase in both the volume and value of the Romanian agrifood trade, and a continuation and increase of the trade flows with the EU. On the other hand, although joining the Single Market meant the discontinuation of the free trade agreements that have been in force for the last 15 years with Republic of Moldova, Turkey, Israel, AELS etc., Romania kept its traditional extra-EU partners, under the new rules. Since the EU is the world largest agrifood products exporter, the present paper is analyzing the position of Romania among the other EU member countries in terms of values, quantities and directions. The competitiveness of the Romanian extra-community agrifood is analyzed as well, since it improved significantly for the last three years.

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Available abstract

Romania’s accession to the EU meant a significant increase in both the volume and value of the Romanian agrifood trade, and a continuation and increase of the trade flows with the EU. On the other hand, although joining the Single Market meant the discontinuation of the free trade agreements that have been in force for the last 15 years with Republic of Moldova, Turkey, Israel, AELS etc., Romania kept its traditional extra-EU partners, under the new rules. Since the EU is the world largest agrifood products exporter, the present paper is analyzing the position of Romania among the other EU member countries in terms of values, quantities and directions. The competitiveness of the Romanian extra-community agrifood is analyzed as well, since it improved significantly for the last three years.

Key concepts: Accession, Romanian, European union, Business, Position (finance), International trade, International economics, European community

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