Romania. Wheat exports 9% slower due to high competition from Russia

27.03.2018

Over July-February Romanian wheat exports equaled 3.4MMT, which lags behind last season`s record pace by 15%. The gap increased in February (from 12% in January, 2018) due to lack of shipments to Egypt, Morocco and Ethiopia, reports UkrAgroConsult.

February export volume was 57% lower than over the same month of 2017.

Egypt remains first among buyers of Romanian wheat, importing 688.8 KMT. Though, import pace is now 9% slower than last year due to higher competition from Russia.

Second largest importer is Spain, which is four times more y/y. Moreover, better demand is seen from Jordan, Sudan, South Africa.

 

UkrAgroConsult

Readers choice: TOP-5 articles of the month by UkrAgroConsult