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ROMANIA'S POSITION IN THE WORLDWIDE TRADE WITH SUNFLOWER AND RAPE SEEDS.

Authors :
CHIURCIU, Irina-Adriana
SOARE, Elena
VLAD, Ionela Mituko
BUZATU, Cristiana
FULGEANU, Denisa
SMEDESCU, Cosmina
MICU, Marius Mihai
Source :
Scientific Papers Series Management, Economic Engineering in Agriculture & Rural Development. 2023, Vol. 23 Issue 3, p129-136. 8p.
Publication Year :
2023

Abstract

Romania is an important agricultural producer in the Black Sea basin, which benefits from pedoclimatic conditions favourable for the cultivation of oil plants. In this context, the paper aims to identify the position occupied by Romania in the global trade of rapeseed and sunflower seeds, for the period 2018-2022. To this end, quantitative and value imports and exports were analysed for these product categories, based on the statistical data available on specialized websites such as ITC. The results of the study show that Romania was the most important exporter worldwide, both in terms of value and quantity, of sunflower seeds in the period 2018-2021. In 2022, it lost the 1st place to Ukraine. Rapeseed ranked 5th in terms of exported quantity and 6th in terms of export values, among the world's top exporters. Also, Romania registered an increasing trend in the imports of sunflower and rapeseed for the studied period, especially in 2022. Imports of sunflower seeds placed Romania on the 4th place, and those of rapeseed on the 11th place in terms of quantity and respectively 12th for value. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
22847995
Volume :
23
Issue :
3
Database :
Academic Search Index
Journal :
Scientific Papers Series Management, Economic Engineering in Agriculture & Rural Development
Publication Type :
Academic Journal
Accession number :
173507874