DANUBIAN GRAIN AND THE EUROPEAN DEPOSIT PORTS. QUANTITATIVE ASPECTS (1829–1853)
DANUBIAN GRAIN AND THE EUROPEAN DEPOSIT PORTS. QUANTITATIVE ASPECTS (1829–1853)

Summary/Abstract: This paper refers to the foreign trade of the Romanian grain Principalities and their destination (the European deposit ports). During the Modern Age, a large part of the world grain trade was controlled by certain intermediate ports. The grain was stored for lengthy periods (even up to 7 years) and sold when market conditions seemed favourable. Two cities, Galaţi in Moldavia and Brăila in Wallachia, personified the interests and hopes of the principalities regarding the economic role of the Danube. Starting with the 1830s, the Danubian region became an increasingly frequent destination for European entrepreneurs who had discovered their great commercial prospects. The Russian–Turkish Peace of 1829 turns the ports of Brăila and Galaţi into important suppliers of grain for the European markets. In the following century, grain from Romanian Principalities supplied the European deposit ports.

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