ANALYSIS OF ROMANIA’S FOREIGN TRADE WITH MAIN PARTNER – FINANCIAL VIEWS ON THE AGRI-FOOD SECTOR

Authors: Marilena Potârniche (Berheci), Ionut Laurentiu Petre, Florentina Marin (Pascu)

Vol. 8 • No. 15 • November 2023

Abstract

According to the literature, Romania maintains a close trade relationship, in terms of agri-food products, with Germany, especially the import-export relationship, thus, Romania imports either in terms of value the most, or in terms of assortment diversification, most from Germany. Thus, in this paper, the aim is to carry out an analysis of all the chapters of the Combined Nomenclature, related to the agri-food sector to determine the key chapters in terms of demand in Romania, using the ABC method which can structure the range of products in three categories of importance.

Keywords: foreign trade in agri-food products, Romania, Germany, the main source of imports.

JEL Classification: Q17, F14.

DOI: 10.55654/JFS.2023.8.15.11

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