Dynamics of Soybean Trade Balance in Romania and Serbia - Insights for Food Security
2025
Balan, Ioana Mihaela | Trasca, Teodor Ioan | Sirb, Nicoleta Mateoc | Ocnean, Monica | Negoescu, Gheorghe Adrian Firu
The trade balance of soybeans is a critical indicator of agricultural per formance and food security in Romania and Serbia, two key players in the soybean sector in Southeastern Europe. This study analyzes the dynamics of soybean trade between 2006 and 2021, utilizing data from external sources complemented by specialized literature. Romania, as a member of the Euro pean Union, faces restrictions on genetically modified organisms (GMOs), impacting its competitiveness. In contrast, Serbia leverages its non-EU status to capitalize on GMO soybeans. The findings highlight structural differences between the two countries, such as production capacities and export strate gies. Recommendations include fostering regional collaboration, enhancing research on sustainable practices, and supporting farmers through targeted policies while contributing to regional food security and sustainable agricul tural development.
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Publisher Institute of Agricultural Economics, Belgrade (Serbia)
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