Romania’s grain exports go up 42% in Q1

Romania exported grain worth EUR 822 million in the first quarter (Q1) of 2020, 42.5% more compared to the similar period of last year, according to data from the statistics office INS, quoted by Economica.net.

In April, the Government banned the export of grain and bakery products outside the European Union, a move announced as part of the measures against the effects of the coronavirus pandemic, according to Romania-Insider.com.

The imports of cereals and cereal-based products amounted to EUR 168 mln in Q1 2020 (+38% year-on-year), resulting in a trade surplus of EUR 655 mln in the quarter.

Cereals amounting to EUR 202 million were exported to the European Union countries during the period.

The main destinations were France (EUR 35.2 mln), Spain (EUR 26 mln), and Italy (EUR 26 mln).

Read more HERE

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