CONVERGENCE ANALYSIS ON FOREIGN TRADE INTEGRATION OF FOOD SECTORS IN EU CONTEXT

Abstract

The paper is part of the efforts to meet the strategic objectives of the National Plan for the adoption of the Euro and addresses the analysis of convergence on the integration of foreign trade in Romania in the EU context, aiming to help substantiate the specific measures and actions required by the agri-food sector. The method approached a two fold, analysis, by estimating the coefficients of variation and the unit value index of the foreign trade flows calculated for each subsector of food industry. The results point on products in sectors with major market imbalances / recovery, convergent / divergent developments in unit export prices at country level, deviation from average unit export price and differences in the average annual growth rate of unit export prices, in Romania compared to the EU average.