Grain traders exported 2 million tons of grain (wheat, corn and barley) in July 1- October 14 (the first 16 weeks of the current commercial season), which puts Romania on the third place among largest EU exporters to markets outside the EU.
Wheat accounts for about two thirds of the export volume, while barley and corn for the rest in almost equal shares.
“Romania’s high volume of exports to non-EU markets is because of the high EU yield and low demand from countries like Italy and Spain. Romania therefore had to look for new markets,” explains Victor Beznea, manager of Prutul Agri Trade, one of the top 20 grain traders in Romaia.
Romania’s grain exports were third largest in the EU in the first sixteen weeks of the season, behind France’s 3 million tons and Germany’s 2.8 million tons.
Export orders from customers outside the EU for this harvest should reach 6 million tons by the end of June 2015, double the average of the last eight seasons. Main destinations for Romania’s grain outside the EU are Egypt, Saudi Arabia, South Korea, Turkey and Syria.
Romania’s third place among grain exporters to countries outside the EU is because of bumper crop, 21 million tons, the third largest in 27 years and only 3 million tons lower than the all-time high.
(English version by Loredana Fratila-Cristescu)