21 C
Bucharest
May 18, 2021
BUSINESS

Trade deficit up to EUR 7.11 bn after first 9 months

In the first nine months this year, the trade deficit rose by RON 2.68 bn (EUR 217.3 M), to RON 31.6 bn (EUR 7.11 bn) on a year-on-year basis, after a decrease by 0.5 per cent of export in euro, states a National Statistical Institute (INS) release. FOB export totaled RON 148.39 bn (EUR 33.5) and CIF import amounted to RON 179.99 bn (EUR 40.62 bn). ‘Compared to the period between January 1 and 30 September 2011, export went up by 4.7 per cent expressed in RON (dropped by 0.5 per cent at values expressed in EUR)’ INS also says. The value of intra-community trade of goods in the analysed period was RON 104.51 bn (EUR 23.57 bn) – outgoing and RON 132.11 bn (EUR 29.78 bn) – incoming, representing 70.4 per cent of the total export and 73.4 per cent of total import.

Related posts

Oil Futures: Crude declines as demand worries still weigh

Nine O' Clock

CFR staff to go on two-hour warning strike on March 4

Test

Insolvency provokes disputes between premier and entrepreneurs

Nine O' Clock