Comparative Analysis of Wheat and Sunflower Seeds Branches in Romania and Serbia

Cvijanović, Drago and Sterie, Maria Cristina and Kovačević, Vlado and Ion, Raluca Andreea (2022) Comparative Analysis of Wheat and Sunflower Seeds Branches in Romania and Serbia. In: Proceedings of the 5th International Conference on Economics and Social Sciences Fostering recovery through metaverse business modelling. Bucharest University of Economic Studies, Bucharest, Romania, pp. 30-41. ISBN 2704-6524

Text Cvijanović, Sterie, Kovačević, Ion - Bucharest University of Economic Studies (2022).pdf - Published Version Available under License Creative Commons Attribution Non-commercial No Derivatives. Download (582kB)

Abstract

Wheat and sunflower seeds are significant products to ensure domestic food security and international trade exchanges. The paper develops a comparative analysis between Romania and Serbia in those regarding the production and export potential of wheat and sunflower, considering that the topic is interesting to study in the current economic, social and political context. The article answers the questions: what role do Romania and Serbia play in the world market for wheat and sunflower seeds and is the current availability of wheat and sunflower seeds sufficient to cover domestic needs in Romania and Serbia? The objectives of the research are to identify the production and export potential for wheat and sunflower seeds and to estimate future trends in the production of these products. The main findings show that the production of wheat and sunflower seeds is sufficient to cover the domestic food security for both countries and to ensure future trade, despite the current unstable political and social situation in Eastern Europe.

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