Capitalising the strategic partnership agreements with Turkey, USA, China allow Romania’s exports opening to companies of these countries in an accelerated pace, Economy Ministry reveals in a press release.
Romania’s FOB exports, in the first four months of this year, stood at EUR 15.67 bln, exceeding by 7.2 per cent the export volume of the same period last year, and the dynamic sped up in April, when exports increased 2 percent from the previous month and 15.5 percent from April 2012, shows an Economy Ministry press release informs. According to the data of the National Institute for Statistics (INS) and of the National Customs Authority (ANV), in the above-mentioned period, the deliveries to the EU member states registered a 6.2 per cent growth compared with the same period of last year, while the exports outside the EU, same as last year, maintain a more accelerated ascending trend, registering a 9.7 per cent advance.
In the period January 1 – April 30, 2013, imports raised to EUR 17.34 bln, increasing 0.5 per cent from the same period of 2012. In April 2013, they grew 2.5 per cent compared with March and 5.0 per cent compared with April 2012. The trade deficit after the first four months of 2013 stood at EUR 1,671.3 M, EUR 971.3 M lower than the one registered in the same interval of 2012.
The preponderant geographic orientation of exports remains towards the countries of the European Union with 70.7 pc of total exports, slightly down from 71.4 pc in the first four months of 2012. In terms of imports, the European Union accounted for 77 pc. Several countries registered increases by more than 40 pc of Romanian exports: Canada (53.1 pc), the Russian Federation (40.1 pc), India (40.0 pc), Jordan (315.9 pc), Libya (148.7 pc), Lebanon (85.6 pc), Algeria (65.1 pc), Iraq (88.6 pc), Mexico (85.6 pc), Georgia (43.8 pc), Belarus (192.4 pc), Kazakhstan (82.0 pc), Azerbaijan (112.8 pc), Thailand (145.6 pc), Togo (641.0 pc).
Important increases were registered by: P.R. of China (14.5 pc), Brazil (25 pc), USA (4.7 pc), Norway (26.2 pc), Columbia (22.1 pc), Saudi Arabia (22.6 pc), Turkey (17.0 pc), Australia (28.7 pc), Vietnam (15.8 pc), Singapore (3.7 pc). ‘The evolution of the Romanian exports reflects, as early as the first months of this year, the growth possibilities of 2013, by capitalising the strategic partnership agreements with Turkey and the USA, namely the privileged partnership with China, allowing Romania’s exports opening to companies of these countries in an accelerated pace,’ the Economy Ministry points out.
In the exports’ structure, the share of the products of the machinery and transport equipment industry stood at 43.7 per cent, as against 43.2 per cent in the similar period of last year. The share of chemical industry and plastic products also increased – from 10.3 per cent, to 11.4 per cent. Moreover, the wood industry products, furniture, included, increased as share (from 7.8 per cent, to 8.5 per cent).
After the first three months of 2013, imports continue to be made of investment goods or industrial products of completion for the Romanian industry (66.3 pc) and of energy carriers and raw materials (11.2 pc). Agrifood products accounted for 9 pc of imports, compared to 7.4 pc of exports.