Miller Magazine Issue: 126 June 2020

ROMANIA 79 MILLER / JUNE 2020 Area: 238,39 square kilometer Population: 21.3 million Capital: Bucharest Official language: Romanian Currency: Romanian leu GDP: $483.4billion (PPP) GDP per capita: $24,600 (PPP) Exports: $64.58 billion Imports: $78.12 billion Romania Romania DROUGHT CUTS ROMANIA’S WHEAT PRODUCTION Thanks to its location and relatively large size among European countries, Romania has become a grain exporter competing with its neighbours on the Black Sea. Constanta port is the main gate for agricultural transportation, the storage capacity in the port expanding continuously. However, wheat production is forecast to fall from 8.6 MMT in 2019/20 season to 8.3 MMT in MY 2020/21, a 3.5-percent decline.