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Macroeconomic indicators - Romania trade deficit down by 5pct
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Tuesday, 13 Sep 2011
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Data from the National Statistics Institute showed that Romania's trade deficit was down by 5.5% after seven months, down to EUR 5.24 billion.

Exports were up to EUR 25.8 billion in the period January to July this year, 25.5% more than in the same period a year ago. Imports also increased by 19%, up to EUR 31 billion.

The value of intra European Union exports was of EUR 18.34 billion (71% of all exports) in the first seven months, while imports from the EU were worth EUR 22.21 billion (71.5% of all imports).

Romania mainly exports cars and transport equipment - 41.7% of exports and other manufactured goods (33.8%).

In national currency RON, the trade deficit is down by 32% to RON 21.83 billion

(Sourced from Romanian Times)

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