13.5 C
Bucharest
October 29, 2020
BUSINESS

INS: Trade deficit dropped EUR 7 bln in H1

The trade deficit of Romania exceeded EUR 4.34 bln in the first half of this year, down 61.2 per cent, respectively EUR 6.85 bln, against the same period of the past year, in the conditions in which the imports had a more marked decrease than that of the exports, according to the data presented yesterday by the National Institute of Statistics (INS), Agerpres reports.


In the first half of this year, the exports exceeded RON 57.4 bln (EUR 13.5 bln), while the exports exceeded RON 75.7 bln (EUR 17.9 bln). Compared to the same period of the past year, the exports fell 8.0 per cent at values expressed in RON (20.3 per cent at values expressed in Euro), while the imports decreased by 26.8 per cent at values expressed in RON (36.6 per cent at values expressed in Euro). The value of the intra-community exchanges of goods in the first half of this year exceeded RON 42.7 bln (EUR 10.1 M) for outgoing commodities and RON 55.7 bln (EUR 13.1 bln) for incoming commodities, representing 74.4 per cent of the total exports and 73.7 per cent of the total imports. Last June, the trade deficit exceeded RON 2.8 bln (EUR 668.3 M), meaning RON 4.8 bln (EUR 1.4 bln) less than in the same month of the past year. Last May, the trade deficit decreased by 61.5 per cent, to EUR 704.7 M, from EUR 1.83 bln in the same month of the past year. On another hand, Romania imported in the first six months of 2009 a quantity of usable natural gas of 496,000 toe, 1.63 million toe (76.7 per cent) less than in the same period of the past year, according to INS.

Related posts

ING: The improving situation on financial markets could make Bucharest more reluctant to IMF’s demands

Nine O' Clock

EBRD sees consensus on new Vienna Initiative

Nine O' Clock

RON 189 M damages to state budget by derogations in VAT payment

Test

Leave a Comment