trade balance

The current account of the balance of payments recorded a deficit of EUR 12.176 billion in the first half of this year, 34% higher compared to the same period of 2023. Considering its structure, the goods balance deficit...

Romania’s trade deficit (the balance between exports and imports) continued to grow this year, but the big problem is that the deficit in some sectors has become chronic: they are the gaps in the Romanian economy which should...

Romania’s exports amounted to EUR 23 billion in the first three months of the year, 3.7% less than in Q1/2023, while imports fell by 2.3%, to EUR 29.65 billion. However, the general trade balance deficit decreased by 1.5%...

According to data released by Eurostat, half of the EU member countries concentrate 70% of Romania’s deficit in foreign exchanges registered in 2018, which reflects a major competitiveness deficit. Somehow surprisingly, the top two positions in the ranking...

The trade deficit on November 2018 was EUR 1.567 billion, the second worst monthly performance registered last year. Worryingly, the growth rate of exports compared to the same month of 2017 fell to only 2.7%, the lowest value...

The trade deficit in March 2018 exceeded again the threshold of EUR 1 billion after the values in the first two months were significantly lower. However, the amount of EUR 1,056.7 million was only 1.6% higher than in...

According to INS data, last year, the automotive industry was the driver of Romanian exports, with about EUR 9.6 billion, of a total of EUR 62.6 billion representing the goods delivered abroad. It is worth noting, though, that...

Next, we will analyse Romania’s position from the point of view of the current account deficit, in a European context and then in a global one. Our analysis is based on data from the World Economic Outlook publication,...

Romania is increasingly specializing in the extremes of the demand range. High-quality products for the foreign markets or parts incorporated at low prices in quality products marketed as final products in other countries. Along with products at a modest...

Romania’s GDP is to grow between 2017 – 2020 at a more rapid pace than previously expected, according to the winter economic forecast by the National Commission for Prognosis (CNP). Data presented resemble an old joke about the...

Trade deficit for the first ten months of this year was EUR7,899.8 million, about 23% higher than the same period of last year. The coverage ratio of imports by exports maintained below 90%, level that have been exceeded...