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Romania: export growing, but trade deficit widens
In May second-highest all-time level of exports
10 July, 15:19
(ANSA) - BELGRADE - Between January and the end of May 2018,
in Romania exports increased by 8 per cent and imports by 9.3%,
compared to the same period of 2017, the Romanian Institute of
Statistics (Ins) said in a statement.
According to the financial portal Business Review, in May exports of goods from Romania increased by 5.2 percent year on year, "to hit a second-highest all-time level of 5.9 billion euro, but were outpaced by imports." The national statistical office added that the commercial deficit in the same period was 5 billion euro, 546.8 million euro more than in the first five months of 2017. (ANSA).
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According to the financial portal Business Review, in May exports of goods from Romania increased by 5.2 percent year on year, "to hit a second-highest all-time level of 5.9 billion euro, but were outpaced by imports." The national statistical office added that the commercial deficit in the same period was 5 billion euro, 546.8 million euro more than in the first five months of 2017. (ANSA).
