Assessing the Implications of the Russia-Ukraine Military Conflict on Romania’s Grain Trade Dynamics
Journal Title: Journal of Green Economy and Low-Carbon Development - Year 2023, Vol 2, Issue 2
Abstract
This study aims to examine the potential impact of the military conflict between Russia and Ukraine on Romania's grain trade dynamics. Following the onset of the conflict, Ukraine has increasingly exported grain through Romania, potentially leading to an oversupply in the market and subsequent depression of prices within Romania and at its borders. To investigate this phenomenon, the volume and value of grain imports from Ukraine were analyzed and compared to previous years, alongside the price trends of major cereals in the region. Data on the volume of cereal imports from Ukraine and Romanian exports, sourced from international databases, were utilized in a quantitative analysis to evaluate the dynamics of imports in conjunction with the evolution of export prices for Romania. This investigation offers insights into the potential consequences of the Russia-Ukraine military conflict on Romania's grain trade and the broader implications for regional agricultural markets.
Authors and Affiliations
Andreea Antoneac (Lungu), Ionut Laurentiu Petre, Adrian Silviu Iana, George Marian Calin
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