BUSINESS

Domestic’s agritrade deficit down 40 pc

According to the data offered by the Ministry of Agriculture and Rural Development (MADR), Romania’s deficit in its international trade with agricultural products totaled EUR 695 M in the first nine months of this year, dropping 38 per cent compared to the EUR 1.12 bln level reported in the same period last year, Agerpres informs. In the first nine months of the year Romania’s agricultural exports totaled EUR 2.034 bln, up by 23.6 per cent compared to the same period last year, while its imports grew by approximately 1.6 per cent. Here are the products that gave Romania its highest export earnings: rape seeds, cigars and cigarettes, wheat and corn. According to MADR, Romania continues to import significant quantities of pork (fresh, refrigerated or congealed). Thus, pork imports totaled EUR 221.07 M value-wise and 143,169 tons quantity-wise in the first nine months of this year.

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