Letter from the Editor: Should news be free? According to the National Statistics Institute, in 2006 991,000 ha of sun-flower and 191,000 ha of soybean were cultivated. 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. Romania’s agricultural imports were EUR 4.9 billion, 2.6% higher than in 2013. 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). This affects Canada, the world’s fifth-largest agricultural exporter in 2018. The forestry sector is an important sector in Romania. Romanian grain production is forecast to grow by 1 percent in marketing year (MY) 2019/20 mainly due to area expansion. The land itself is Romania's most valuable natural resource. Romania Economic Growth The economy is expected to contract at the sharpest pace in over a decade this year before rebounding strongly in 2021. The European Commission expressed disapproval at Romania’s decision to ban agriculture exports and said it’s assessing how the move could impact trade within the single market. In 2019, food exports for Romania was 10.3 %. These offer opportunities for silos, agricultural machinery, irrigation equipment, greenhouses, and agricultural inputs such as fertilizers and feed supplements. The numerous fiscal measures adopted by the Romanian Government were reflected in an increase in disposable income at the consumer level. 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. Though Romania food exports fluctuated substantially in recent years, it tended to increase through 2000 - 2019 period ending at 10.3 % in 2019. In 2018, U.S. shipments accounted for nearly 60% of almond imports and 11% of walnut imports. Import-export activities carried out in Romania can generally be developed by local and foreign businesses without any special measures of supervision or control. Easy access to the Central Europe highway system and the Black Sea and Mediterranean Sea ensures an … The government of Romania suspended most exports of grains, oilseeds and related products to markets outside of the Eu, according to a report from the Foreign Agricultural Service of … KEY DATA 2. While Europe accounted for half of world agricultural exports in 1995, its share fell to 43% in 2019. The European Commission expressed disapproval at Romania’s decision to ban agriculture exports and said it’s assessing how the move could impact trade within the single market. 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 Romania agriculture employs most rural inhabitants, and most farms are under 5 hectares. Retail products are becoming more widely available, and local consumption has increased. U.S. fish and seafood exports to Romania reached $2.2 million in 2018, a 7% increase compared to 2017. The United States is a significant whiskey supplier to Romania with a share of 14% in 2018. Romania’s agriculture sector. Two Americans get stuck in Romania during the COVID-19 lockdown: We believe Romania is a hidden gem! agbucharest@fas.usda.govwww.fas.usda.govhttp://gain.fas.usda.gov/Pages/Default.aspx (GAIN reports). Romania's economic growth potential can be further enhanced by staying on … Sources: Global Trade Atlas; National Institute of Statistic. Table 2: Total Romanian Food and Ag Imports from the United States (2014-18), Sources: Global Trade Atlas; National Institute of Statistics. Wheat production subsequently fell to 3 million tons, and prices fell 25%. Consumer demand for beverages expanded again in 2018. Romania's main imports and exports are electrical machinery, motor vehicles & parts and industrial machinery. Industrial output fell less steeply in … 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. Finance minister, the Liberals’ first choice to lead Romania’s new center-right Government, Romania’s PM resigns after his party’s defeat in the parliamentary elections, Romania’s president comments election result: No clear winner. A center-right coalition is quickly taking shape, Social Democrats win Romania’s parliamentary elections, extremist party gets 9% of the votes - partial results, Pandemic and record low turnout bring extremist party into Romania’s Parliament, Romania parliamentary elections 2020: Exit polls show tight race at the top and surprises at the bottom amid record-low turnout, Press Release: Logitech MX Anywhere 3 - Ultimate performance meets ultimate portability, Press Release: Join a Community Built with You in Mind, Press Release: New joint initiative BRCC & Romania Insider: JOB PORTAL relaunch, Press Release: The British School of Bucharest safety measures taken for on campus learning. Romania main exports partners are other European Union members with Germany, Italy and France being the most important. In general, around 80% of imported agricultural goods originate from the EU. 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 … The country’s largest exports were wheat, corn, and cigarettes. Romania was the 47th biggest economy in the world according to the most recent data, ranking 41st in total exports and 38th in total imports. (P) Investment opportunity: the best land available in Bucharest, 6 ha in the Grozăvești area, suitable for the development of mixed projects, (P) Bitcoin surges past $15,000 to hit its highest level since January 2018. 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. In terms of imports, 75% come from EU Member States (Germany 20%, Italy 9% and Hungary 7%), while outside the EU 5% come from China and 4% from Turkey. Agriculture plays an integral and unique role in Romania’s economy. Romania's chief exports to Italy included leather footwear, cars, telephones, tobacco, men's suits, seats and iron pipes. Romania’s European Union - EU membership has given it access to European equipment free of import duties. Dairy products are also an important component of Romanian agriculture, as are wool, eggs, and honey. According to U.S. Census Bureau’s (BICO) data, in 2018 U.S. food and agricultural exports to Romania reached $108.9 million. 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. In 2018, U.S. agri-food exports to Romania continued their upwards trend, reaching a new peak. Table 3 – Tree Nuts imports, Romania, 2014-2018, Total tree nuts imports from the United States, Source: Global Trade Atlas; National Institute of Statistics. Other types of land occupy 11% of the total area of the country (waters, ponds, lakes, yards and buildings, means of communication, etc). POPULATION & ECONOMY 3. Other exports include barley, cucumbers, beans, soybean and plums. The global financial and economic crisis of 2008 strongly felt in Europe and affected its countries. 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. (P) Work remotely from the tranquility and comfort of the Transylvanian Wilderness! Exports continue to account for 90 percent of the value of Romania’s organic Top 10 Romanian Imports from Germany Germany's exports to Romania … Romania in the EU European Parliament In terms of species of U.S. origin, Pacific salmon accounts for a share of 25%, followed by livers and roes (28%), mackerel (10%), lobsters (8%), carp (4%), and hake (3%). The country has an agricultural capacity of about 14.7 million acres, and only 10 million are arable. 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. The value of organic agricultural production in Romania expanded by over 40% in 2007, reaching USD102 million. Grain exports (wheat, corn, barley) are forecast to increase by 1.4 percent in MY 2019/20 over last year’s 12.9 million metric tons (MMT) record. Rapeseed exports increased by EUR 146 million compared to 2013, to EUR 338 million. Who is AUR, the anti-system movement that has become the new force in Romanian politics? They grew from $149 million in 2017 to nearly $182 million the following year (22% growth), which is a record for the past seven years (Table 2). 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). The European Union is Romania’s largest agricultural trade partner standing for 61% of the total exports and 81.4% of the imports. Analysts claimed it was the worst harvest since 1940. Exports to the Netherlands increased as much (290 KMT against 143 KMT). Mechanization of agriculture in the country is still relatively low compared to other European Union countries. BUCHAREST, ROMANIA — As of April 10, the government of Romania has suspended most exports of grains, oilseeds and related products to markets outside of the EU, according to a report from the Foreign Agricultural Service of the US Department of Agriculture. Downloadable! 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,). These semi-natural small-scale farmed landscapes are of significant economic importance. GDP From Agriculture in Romania decreased to 2762 RON Million in the second quarter of 2020 from 3024.40 RON Million in the first quarter of 2020. Romania’s prudent macroeconomic management has enabled a quick recovery from the global financial crisis. 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. 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). Romania exports for 2018 was $100.48B, a 14.46% increase from 2017. Includes a market overview and trade data. Download Historical Data Save as Image. Romania exports of Tools; knives and cutting blades, for agricultural, horticultural or forestry machines or mechanical appliances was $103.28K and quantity 5,886Kg. 62% of the land area is used for agriculture, followed by forests and other land with forest vegetation (27%). In 2018, soybean imports rose by 83%, reaching $110 million (Table 6). Total Romanian imports of spirits declined by 7% in volume but expanded by 14% in value in 2018. Conversely, volumes rose by 5% in 2018, largely due to walnuts. Questions from our readers: I am a US citizen, can I enter Romania? ECONOMIC ACCOUNTS 5. Imports account for about a fifth of the market in value terms (Table 4). Exports to Romania in Germany averaged 733849.38 EUR THO from 2000 until 2020, reaching an all time high of 1556690 EUR THO in October of 2019 and a record low of 148019 EUR THO in February of 2000. Sources. Romania's economic growth potential can be further enhanced by staying on … Romanian consumers remain prone to brands from the mainstream segment, which cover about 80% of the market. Romania services export is 27,435,179,461 in BoP, current US$ 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%. In 2007, over 200,000 ha offarmland were cultivated organically. In 1989 more than 15 million hectares-- almost two-thirds of the country's territory--were devoted to agriculture. Romania: Grains and Feeds Update Cereal production in 2006 stood at 15.1 million tons, including 5.3 million tons of wheat and 8.6 million tons of maize. 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. Romania is consolidating its position in the European Union in terms of grains and oilseeds production. Argentina Agricultural Outlook for 2019 Ercolesse explains the trend: “This growth in the market is expected to continue in 2019. Arable land surface is about 63% of the total agricultural area… FINANCIAL ASPECTS 4. The breadbasket of Romania is Walachia, which provides half the annual grain harvest and roughly half the fruit and grapes. Romania’s wheat, corn and barley exports up by 20%. In Romania, the pace of fishery sector development is slow, so imports continue to cover a large share (70-80%) of consumption. 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. All rights reserved. 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 among Romania’s largest tree nuts suppliers and accounts for 21% in terms of value and 15% in terms of volume. Exports of rapeseeds and walnuts recorded some of the largest increases. 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. 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). in heading no. Romania exported Machinery; for agricultural, horticultural or forestry use and n.e.s. Romanian exports to the EU account for about 70% of total agri-food exports. Throughout time, agriculture has been important in Romania, as more than 14.7 million hectares (one hectare is about 2.5 acres) of land serve agricultural purposes. 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. Exports to Romania in Germany decreased to 1299348 EUR THO in August from 1332772 EUR THO in July of 2020. Truck farming, especially in the Ilfov Agricultural District surrounding Bucharest, is also important. Domestic soybean production covers only a third of the livestock demand. Below are exports from Romania that result in negative net exports … Romanian exports to the EU account for about 70% of total agri-food exports. BUCHAREST, ROMANIA — As of April 10, the government of Romania has suspended most exports of grains, oilseeds and related products to markets outside of the EU, according to a report from the Foreign Agricultural Service of the US Department of Agriculture. Soybeans remain a minor crop in Romania, despite the generous coupled-support programs allocated by the European Union. As the domestic food industry was not able to cope with the higher demand in the short term, foreign suppliers covered the gap between demand and supply. 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. 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: This further translated into higher consumer demand, so food retail sales rose by 6.5% in 2018 versus 2017. 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 Exports Romania exports mostly machinery and transport equipment, raw materials, and miscellaneous manufactured articles like textiles and footwear. The European Commission has expressed its disapproval of Romania's decision to ban exports of agricultural products, Bloomberg reported quoting an emailed statement from the Commission.. Romania banned the exports of cereals, flour, by-products of grain used in the agriculture or food industry, sugar, vegetable oil and bakery and pastry products during the state of emergency declared in … This is the highest nut volume exported to Romania from United States in the past five years (1,350 MT). Other significant exports were sunflower seeds and oil, rapeseeds, barley, live sheep and goats, chicken meat, and live cattle. 28263. Romania has one tractor for every 54 acres of land, while the average for the European Union … 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. This southeastern European country exports most of its goods to its European Union partners Germany, Italy, France, United Kingdom, and to neighbor Hungary. 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. Romania Economy Overview. Romania also exported 23% more walnuts and got EUR 60.4 million, 56% more than in 2013. Romania exports for 2016 was $77.63B, a 6.39% increase from 2015. Romania’s share in total EU planted area rose to 9% in 2018 while the share in the EU’s harvested production stagnated at about 5% due to low yields. The end of an era in Romanian politics: former president and former PMs fail to take their parties to the Parliament (comment), buchARTest: How a group of young people brings color to the streets of Bucharest, Expat in Romania - Mario Ulloa (from Mexico): My first encounter with the country was both shocking and funny, Eco-friendly shopping in Bucharest: Young woman opens the city’s first zero waste shop. American manufacturers of agricultural equipment and machinery will find demand growing in the Romanian market, and a limited, but growing, number of buyers. Romania Table of Contents Land. While Romania imports substantial quantities of grain, it is largely self-sufficient in other agricultural products and food stuffs. Romania exports of Machinery; for agricultural, horticultural or forestry use and n.e.s. 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. The historic provinces of Walachia, Transylvania, Moldavia, Dobruja, and the Banat have distinct soil and climatic conditions that make them suitable for different types of agriculture. Romania’s principal crops - corn, wheat, and sunflower - account for about 15 million acres of farmland. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Germany, Hungary, Poland, and Bulgaria were Romania’s major trading partners in 2018. PayPal enters in cryptocurrency market and other important events of the month, (P) The British School of Bucharest continues the Scholarship Programme. The EU transshipments were 55 percent of total U.S. agricultural exports to Bulgaria, at USD 38 million. In 2018, fish and seafood imports increased by 15% in value and by 4% in volume compared to the previous year (Table 5). 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. Nearly 90% of imported soybeans and soybean meal originates from soybean producers in South America and the United States. 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 direct and indirect contributions to the wood industry for the economy reaches about 3.5 percent of GDP annually. 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. Do I have to quarantine? In 2018, total grain production rose by 6%, supported by favorable weather conditions over the course of development. BUCHAREST (Romania), April 10 (SeeNews) - Romania has suspended exports of cereals and some food products to non-EU countries as of April 10 until the end of the state of emergency imposed to limit the spread of the coronavirus disease, an interior ministry ordinance revealed on Friday. Agriculture and Rural Development Statistical Factsheet CONTENTS Main figures 1. Press release: Zip Codes in Romania and worldwide: What Is a Postcode and how to find one? Nearly one quarter (23%) of Romanians are employed in agricultural-related activities, compared to the 4.9% EU member average. Romania's main imports and exports are electrical machinery, motor vehicles & parts and industrial machinery. Of that land, about two-thirds are suitable for farming. Am I a dreamer to want the whole world to read about Romania - unrestricted? 8436 was $5,141.83K . Though Romania the exports of agricultural products fluctuated substantially in recent years, it tended to increase through 1968 - 2017 period ending at 7.04 million 1000 US$ in 2017. This page provides forecast and historical data, charts, statistics, news and updates for Romania Net Exports. 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). 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. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. Agriculture in the country contributes about 8.1% of the GDP. 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). Romania announced an export ban on certain cereals as part of new measures to cope with the coronavirus outbreak, national media reported. Strengthening foreign demand, particularly from German industry, is expected to bolster domestic production and ramp up exports. Despite the fertility of Walachia's soil, yields fluctuate considerably from year to year because of recurre… Bulgarian customs data reports that U.S. agricultural exports to Bulgaria in 2018 were USD 69 million compared to 2017 when this trade was at USD 65 million, or an annual growth of 6 percent. In his free time, he studies horticulture and tends to his family’s garden. in heading no. This is a best prospect industry sector for this country. Romania - Exports (billions of Euros) Following a record GDP drop in Q2, available data points to a gradual recovery in Q3. EU member states are the major source and destination for local agri-food products. 2.8% of the country's GDP is derived from agricultural activity. Romania almost doubled exports to Belgium in the 2016/17 season (433 KMT against 233 KMT in the 2015/16 season). This page includes a chart with historical data for Germany Exports to Romania. 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. The country’s largest exports were wheat, corn, and cigarettes. 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. As a result, grain exports are estimated to grow by 14%, mainly due to wheat and corn crops. Net Exports for Romania from National Institute of Statistics for the National Accounts release. World Bank. Romania’s agricultural exports reached EUR 5.4 billion last year, a 6.1% increase over 2013, according to data presented by the Ministry of Agriculture. In the 1990s the livestock sector experienced many of the same declines that crop cultivation did; however, by the early 2000s the trend reversed, and beef exports increased. 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. Press Release: Casa Ioana 25th Anniversary Gala, (P) Why Bitcoin Romania? In 2007, a severe drought destroyed over 60% of crops. 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 share of agricultural products in total merchandise exports decreased from 8.9% in 1995 to 7.9% in 2019. How to win over, date and keep a Romanian woman. In 2018, U.S. agri-food exports to Romania continued their upwards trend, reaching a new peak. According to 2018 import data, whiskey is the major category accounting for half of the market, followed by liqueurs with 30% and vodka with 9%. Top 10 Romanian Imports from Germany Germany's exports to Romania … GDP From Agriculture in Romania averaged 2673.46 RON Million from 1995 until 2020, reaching an all time high of 3378.90 RON Million in the third quarter of 2004 and a record low of 1849.10 RON Million in the first quarter of 2012. The UAE purchased a record 132 KMT of Romanian rapeseed (26 KMT). The export market is the main driver for the wood processing industry, with furniture exports three times larger than furniture imports. In 2005, potato imports totalled more than 140 000 tonnes, while exports amounted to less than 5 000 tonnes. The highest complexity exports of Romania according to the product complexity index (PCI) are Cermets and articles thereof, waste or scrap (2.21), Electric solder, weld, braze,hot metal spray equipment (1.83), Metal pickling preps, solder, brazing flux, weld cores (1.73), Machines for hot working of glass, light bulbs, etc (1.67), and Rolled stainless steel sheet, width 600mm (1.62). Andrei lives with his family in the countryside in Northern Romania, where he built their own house. During the first half of the 20th century, farmlands were reallocated to peasant farmers from larger landowners. Romania - Agricultural raw materials exports (% of merchandise exports) World Data Atlas. The main U.S. commodities exported to Romania in 2018 consisted of protein meals, food preparations, spirits, fruits and nuts, and seafood. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Canada can chalk up our excellent performance to numerous factors, but our historical relationships, well-established Romania’s main industrial exports to the EU-15 were textiles, machinery, footwear and steel products. Data Source: World … Romania’s prudent macroeconomic management has enabled a quick recovery from the global financial crisis. The limited range of local valuable species and poor processing opportunities stimulate imports. AGRICULTURAL TRADE 6. Germany is the third largest importer, having stepped up purchases to 154.6 KMT (48 KMT). These offer opportunities for silos, agricultural machinery, irrigation equipment, raw materials exports %! His family in the European Union - EU membership has given it access to European equipment free import! Share of agricultural activity stepped up purchases to 154.6 KMT ( 48 KMT ) macroeconomic management has enabled a recovery. Romania during the first half of the land itself is Romania 's valuable... 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