D. Boboc, M. Diaconeasa, Valentin Pauna, Marilena E. Potârniche
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THE IMAGE OF THE ROMANIAN TRADE BALANCE EVOLUTION BETWEEN 2009 AND 2019
The objectives of sustainable development in agriculture are emphasizing the worries related to the possibility of ensuring food security at national levels caused by the climate change and agricultural productivity. These worries reflect directly on the international trading partnerships and affect the trading especially with agricultural and food supplies. The current research aims at providing a clear image of the modifications in the trade balance of Romania, recognised mostly as an exporter of raw agricultural products, such as cereals or live animals, at low prices. Romanian agricultural productivity is characterized by an acute weather dependency, due to the low levels of irrigation systems and extensive agricultural systems, combined with extreme heat during summers and low precipitation in winters and springs. Even so, the exports and imports of a country are a key factor in its economic development so they cannot be reduced only to food security and sustainability aspects. In this context, a clear image of Romania’s trade balance offers some insight for the designing of future policy related both to the possibilities of economic and sustainable development.