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Bucharest
November 29, 2022
BUSINESS

Exports up 5 pc in first four months

Romania’s FOB exports totalled EUR 17.78 bln in the first four months of this year, registering 5 per cent year-on-year growth, while CIF imports grew by 5.9 per cent year-on-year to EUR 19.79 bln, the National Statistics Institute (INS) data shows.

In January-April, the trade deficit (FOB/CIF) grew by EUR 255.5 M to EUR 2.018 bln, compared to the same period last year.

Important shares in the structure of exports and imports were held by the following groups of products: cars and transport equipment (44.2 per cent of exports and 36.7 per cent of imports) and other manufactured products (33.3 per cent of exports and 31.4 per cent of imports).

According to the INS, FOB exports totalled EUR 4.398 bln in April, while CIF imports stood at EUR 5.042 bln, the resulting deficit totalling EUR 644.2 M. Compared to March 2015, exports dropped by 8.4 per cent and imports by 10.1 per cent.

Intra-EU28 trade stood at EUR 13.167 bln in exports and EUR 15.285 in imports, representing 74.1 per cent of total exports and 77.2 per cent of total imports.

 

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