Romania’s exports up in October by 13.3 pct, imports up by 16.7 pct

Georgiana Bendre 11/12/2017 | 11:39

Romania’s exports went up in October by 13.3 percent up to EUR 5.76 billion, under the imports trend, which increased by 16.7 percent, according to the data of the National Institute of Statistics (INS).

Imports increased year-on-year to EUR 7.08 billion.

As a result of the evolution, the Romanian commercial deficit reached EUR 1.32 billion in October, an year-on-year growth by 35.7 percent.

The commercial deficit after ten months of this year reached EUR 10.2 billion, an year-on-year growth by 29.2 percent. The trend is in growth compared with the first nine months.

During January-October, the exports amounted to EUR 52.36 billion and the imports amounted to EUR 62.57 billion.

The intra-EU28 exchanges value in the first ten months was EUR 39.7 billion for outflows and EUR 4.748 billion for inflows, representing 75.9 percent of the overall exports as well as imports.

The extra-EU28 exchanges value in the first ten months was EUR 12.64 billion for outflows and EUR 15.08 billion for inflows, representing 24.1 percent of the overall exports as well as imports.

The important shares in the exports and imports structure are owned by cars and transports equipments (46.5 percent at export and 37.2 percent at import) and other manufacturing products (33.5 percent for export and 31 percent for imports).

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