Romania’s trade deficit increased to EUR 2.59 billion in November 2022 from EUR 2.14 billion in the corresponding month of the previous year, as imports rose more than exports. Imports grew 19.3 percent from a year earlier to EUR 11.02 billion boosted by purchases from the EU (18.5 percent) and non-EU countries (21.5 percent). Meanwhile, exports increased by 18.8 percent year-on-year to EUR 8.43 billion, led by sales to both the EU (16.5 percent) and non-EU countries (25.5 percent). Considering the first eleven months of the year, the trade goods posted a deficit of EUR 31 billion, with exports surging by 25.1 percent while imports jumped at a faster 29.9 percent. source: Institutul National de Statistica

Balance of Trade in Romania averaged -800.38 EUR Million from 1992 until 2022, reaching an all time high of 137.60 EUR Million in February of 1996 and a record low of -3407.70 EUR Million in October of 2022. This page provides - Romania Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

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Romania Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2022-12-12 07:00 AM Oct €-3.404B €-3.04B €-3.2B
2023-01-09 07:00 AM Nov €-2.589B €-3.408B €-3.0B
2023-02-09 07:00 AM Dec €-2.589B € -2.3B


Related Last Previous Unit Reference
Balance of Trade -2589.10 -3407.70 EUR Million Nov 2022
Exports 8426.80 7964.90 EUR Million Nov 2022
Imports 11015.90 11372.60 EUR Million Nov 2022
Tourist Arrivals 128674.00 156179.00 Nov 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-2589.10 -3407.70 137.60 -3407.70 1992 - 2022 EUR Million Monthly

News Stream
Romanian Trade Deficit Widens in November
Romania’s trade deficit increased to EUR 2.59 billion in November 2022 from EUR 2.14 billion in the corresponding month of the previous year, as imports rose more than exports. Imports grew 19.3 percent from a year earlier to EUR 11.02 billion boosted by purchases from the EU (18.5 percent) and non-EU countries (21.5 percent). Meanwhile, exports increased by 18.8 percent year-on-year to EUR 8.43 billion, led by sales to both the EU (16.5 percent) and non-EU countries (25.5 percent). Considering the first eleven months of the year, the trade goods posted a deficit of EUR 31 billion, with exports surging by 25.1 percent while imports jumped at a faster 29.9 percent.
2023-01-09
Romania Posts Largest Trade Deficit on Record
Romania’s trade deficit increased to EUR 3.40 billion in October 2022 from EUR 2.46 billion in the corresponding month of the previous year. It was the largest trade gap since the series began in 1992, as imports jumped 26.2 percent to EUR 11.37 billion, underpinned by purchases from the EU (27.4 percent) and non-EU countries (23.4 percent). Meanwhile, exports were up by 21.7 percent to EUR 7.96 billion, led by sales to both the EU (25.5 percent) and non-EU countries (11.9 percent). Considering the first ten months of the year, the trade deficit widened sharply to EUR 28.40 billion from EUR 19.21 billion in the same month a year earlier.
2022-12-12
Romania Trade Deficit Widens in September
Romania trade deficit widened to EUR 3.04 billion in September from EUR 2.13 billion in the same month of the previous year, as imports surged 36.2% to an all-time high of EUR 11.55 billion. Purchases from the EU were up 33.3 percent and those from non-EU countries increased 44.4 percent. Meanwhile, exports advanced at a slower 34.1%, also hitting a record high of EUR 8.5 billion, boosted by sales to both the EU (39.3 percent) and non-EU countries (21.3 percent). Considering the first nine months of the year, the trade shortfall gradually climbed up to 25.06 billion from EUR 16.75 billion in the same period of 2021.
2022-11-09