Romania’s trade deficit declined to EUR 2.44 billion in March 2023 from EUR 2.59 billion in the same month a year earlier, as imports grew less than exports. Imports increased 3.5% yoy to EUR to 11.20 billion, with purchases increasing from the EU countries (5.3%) while those from non-EU countries declined (-1.4%). Meanwhile, shipments climbed 6.5% to EUR 8.76 billion. Exports went up to the EU countries (5.3%) and non-EU countries (9.7%). For the first quarter of the year, the trade deficit narrowed to EUR 6.80 billion from EUR 7.20 billion in the same period of 2022. source: Institutul National de Statistica

Balance of Trade in Romania averaged -818.25 EUR Million from 1992 until 2023, reaching an all time high of 137.60 EUR Million in February of 1996 and a record low of -3408.80 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 May of 2023.

Balance of Trade in Romania is expected to be -2580.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Balance of Trade is projected to trend around -3050.00 EUR Million in 2024 and -4180.00 EUR Million in 2025, according to our econometric models.

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Romania Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2023-04-10 06:00 AM Feb €-2.049B €-2.335B €-2.7B
2023-05-10 06:00 AM Mar €-2.437B €-2.047B € -2.6B
2023-06-09 06:00 AM Apr €-2.437B €-2.7B


Related Last Previous Unit Reference
Balance of Trade -2436.80 -2047.50 EUR Million Mar 2023
Imports 11198.10 9922.10 EUR Million Mar 2023
Exports 8761.30 7874.60 EUR Million Mar 2023
Tourist Arrivals 142674.00 116716.00 Mar 2023

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
-2436.80 -2047.50 137.60 -3408.80 1992 - 2023 EUR Million Monthly

News Stream
Romanian Trade Deficit Narrows in March
Romania’s trade deficit declined to EUR 2.44 billion in March 2023 from EUR 2.59 billion in the same month a year earlier, as imports grew less than exports. Imports increased 3.5% yoy to EUR to 11.20 billion, with purchases increasing from the EU countries (5.3%) while those from non-EU countries declined (-1.4%). Meanwhile, shipments climbed 6.5% to EUR 8.76 billion. Exports went up to the EU countries (5.3%) and non-EU countries (9.7%). For the first quarter of the year, the trade deficit narrowed to EUR 6.80 billion from EUR 7.20 billion in the same period of 2022.
2023-05-10
Romania Trade Gap Smallest in 1-1/2 Years
Romania’s trade deficit edged down to EUR 2.05 billion in February 2023 from EUR 2.48 billion in the same month a year earlier. It was the smallest trade gap since August 2021, as exports rose more than imports. Year-on-year, imports climbed 4.2% to EUR to 9.92 billion, driven by higher arrivals of food & live animals (27.9%), machinery and transport equipment (14.5%), and miscellaneous manufactured articles (13.5%). Purchases increased from the EU countries (8.3%) and decreased from non-EU countries (-6.0%). Meanwhile, shipments grew 11.8% to EUR 7.87 billion due to higher sales of mineral fuels, lubricants & related products (53.2%), beverages & tobacco (50.7%), and miscellaneous manufactured articles (14.1%). Geographically, exports went up to the EU countries (13.4%) and non-EU countries (7.7%). For the first two months of the year, the trade deficit narrowed to EUR 4.38 billion from EUR 4.62 billion in the same period of 2022.
2023-04-10
Romania Trade Deficit Widens in January
Romania’s trade deficit widened to EUR 2.34 billion in January 2023 from EUR 2.13 billion in the same month a year earlier. Year-on-year, imports increased 6.8% to EUR to 9.50 billion boosted by higher arrivals of beverages & tobacco (57%), food & live animals (32.5%) and miscellaneous manufactured articles (17%). Imports rose from EU-countries (11%) while purchases decreased from non-EU countries (-2.8%). At the same time, exports grew 6% to EUR 7.16 billion, as sales mainly increased for mineral fuels, lubricants & related products (46%), beverages & tobacco (41%) and miscellaneous manufactured articles (10.5%). Export sales went up in EU-countries (8.5%) while it also fell in non-EU countries (-0.7%).
2023-03-13