The Influence of Ukraine’s Foreign Grain Trade through Romania on Prices

Abstract

The objective of the present research was to determine the external influence of the grain trade, i.e., the influence of Ukraine’s grain trade through Romania on price levels recorded at Romania’s borders. The research methods to achieve this objective consisted of quantitative and qualitative analyses of wheat and maize imports and export data from the beginning of 2022 to the present, as well as using the t-stat test to determine the existence of significant price differences, and the linear regression model. The research results confirm that there were differences between the two pre- and post-military conflict periods regarding the volume of imports from Ukraine and the increase in the supply of wheat and maize from Romania, through this trade activity, led to changes in prices.