Ovidius University Annals: Economic Sciences Series (Jan 2018)
Foreign Trade in Agri-food Products - Current Approaches
Abstract
The paper analyzes the external trade with agro-food products from several perspectives,namely: value for all commodity groups; the share of different groups in total exports and importsrespectively; of the evolution of its total values in the period 2012-2016. For the main groups ofagri-food products: live animals, vegetable products, fats and oils, food, beverages and tobacco,national databases on Free On Board (FOB) and Cost Insurance And Freight (CIF) values will beused; the Grubel Lloyd index values will also be calculated in order to determine the equilibriumratio between the two components of the trade balance, ie the value of the export and the import.