Romanian trade deficit widened to EUR 1.48 billion in May 2019 from EUR 1.27 billion in the same month the previous year. It was the largest trade gap since December, as imports jumped 8.5 percent to EUR 7.75 billion, as purchases rose from both the EU (10 percent) and non EU countries (4.4 percent). Meanwhile, exports increased at a softer 6.8 percent to EUR 6.27 billion, with sales growing from both the EU (6.1 percent) and countries outside the EU (9.1 percent). Balance of Trade in Romania averaged -647.77 EUR Million from 1992 until 2019, reaching an all time high of 137.60 EUR Million in February of 1996 and a record low of -2542.10 EUR Million in September of 2008.

Balance of Trade in Romania is expected to be -1000.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Romania to stand at -1350.00 in 12 months time. In the long-term, the Romania Balance of Trade is projected to trend around -1620.00 EUR Million in 2020, according to our econometric models.

Romania Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-09 06:00 AM Balance of Trade €-1.15B €-1.26B €-0.82B
2019-05-10 06:00 AM Balance of Trade €-1.23B €-1.15B € -1.09B
2019-06-10 06:00 AM Balance of Trade €-1.38B €-1.23B € -1.02B
2019-07-10 06:00 AM Balance of Trade €-1.48B €-1.38B € -1.25B
2019-08-09 06:00 AM Balance of Trade €-1.48B € -1.33B
2019-09-09 06:00 AM Balance of Trade € -1.19B
2019-10-10 06:00 AM Balance of Trade € -1.27B


Romania Trade Last Previous Highest Lowest Unit
Balance of Trade -1481.60 -1384.20 137.60 -2542.10 EUR Million [+]
Current Account -1210.00 -1121.00 831.00 -2344.00 EUR Million [+]
Current Account to GDP -4.50 -3.20 6.60 -13.60 percent [+]
Imports 7754.30 6917.80 8227.10 219.70 EUR Million [+]
Exports 6272.70 5533.60 6337.50 143.20 EUR Million [+]
External Debt 103081.50 99814.00 103081.50 13078.60 EUR Million [+]
Remittances 861.00 931.00 1724.00 594.00 EUR Million [+]
Gold Reserves 103.70 103.70 105.32 103.67 Tonnes [+]
Terrorism Index 0.00 0.00 0.23 0.00 [+]
Tourist Arrivals 139818.00 150913.00 337836.00 66422.00 persons [+]
Crude Oil Production 70.00 70.00 146.00 70.00 BBL/D/1K [+]
Foreign Direct Investment 57.02 198.97 2933.00 -393.80 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Romania Balance of Trade

Romania exports mostly machinery and transport equipment, raw materials, and miscellaneous manufactured articles like textiles and footwear. Romania imports machinery and transport equipment, raw materials, chemicals and fuels. More than 70% of exports and imports are with other European Union members with Italy, Germany and France being the most important. This page provides - Romania Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Balance of Trade - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1481.60 -1384.20 137.60 -2542.10 1992 - 2019 EUR Million Monthly




Country Last Previous
Argentina 1373.00 May/19
Australia 5745.00 May/19
Brazil 5020.00 Jun/19
Canada 762.30 May/19
China 509.76 Jun/19
Euro Area 23033.60 May/19
France -3278.00 May/19
Germany 20600.00 May/19
India -15280.00 Jun/19
Indonesia 196.00 Jun/19
Italy 5347.00 May/19
Japan -967.11 May/19
Mexico 1030.71 May/19
Netherlands 5579.00 May/19
Russia 11823.00 May/19
Saudi Arabia 131636.00 Mar/19
Singapore 3962.64 May/19
South Africa 1737.21 May/19
South Korea 4168.00 Jun/19
Spain -1605300.00 Apr/19
Switzerland 1654.00 May/19
Turkey -1837.83 May/19
United Kingdom -2324.00 May/19
United States -55520.00 May/19


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