Industrial production gained 7.7 percent, exports increased by 28 percent, on H1, 2011

Newsroom 09/08/2011 | 13:45

The industrial production in Romania has increased by 7.7 percent from the first semester of 2010, according to figures from the National Statistics Institute. According to the same institute, exports have increased by 28 percent, while imports gained 20 percent, from the first half of 2010.

Industrial production

In the first semester of 2011, compared to the similar period of 2010, the sesionally adjusted industrial production gained 7.7 percent. The manufacturing industry gained 8.3 percent, the mining industry increased by 6.9 percent, whiles the utilities market increased by 5.4 percent. According to the same report, the intermediate goods industry gained 14 percent; durable consumer goods registered an 8.5 percent increase, capital goods increased by 7.3 percent and the energy industry gained 4.5 percent; non-durable consumer goods increased by 1.4 percent.

Exports

FOB exports in the first half of 2011 totaled EUR 22 billion, while CIF imports reached EUR 26, 5 billion. Compared to the first half of 2010, exports gained 28.2 percent and imports 20.4 percent. The trade deficit for the first semester of 2011 reached EUR 4.5 billion, narrowing by EUR 341 million. Trading inside the EU-27 zone represented 71.5 percent of all exports, approximately EUR 15.7 billion, while imports from the EU-27 zone totaled 71.2 percent or EUR 18.9 billion.
In the first semester of 2011, exports of vehicle and transport equipments reached 42 percent, while 34 percent were imported, and other manufactured products’ exports totaled 33.5 percent, while imports for the same category reached 30.5 percent.  

 

Ovidiu Posirca

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