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.