Romania’s intra-community trade up to EUR 21.282 bn in Q1

Romania’s total intra-community trade exceeded EUR 21.28 billion in the first quarter of this year, being by 9% higher than the same period last year, according to data published on Wednesday by the website of the Ministry of Economy, Trade and Tourism (MECT).

Thus, exports increased by 9.6% to EUR 9.938 billion, while imports rose by 8.5%, amounting to EUR 11.344 billion. The negative trade balance in relations with partners in the European Union (EU) increased by 1.3% in the first three months of 2015 as compared to the first quarter of 2014, from EUR -1.387 billion to EUR -1.406 billion.

“Extra-community trade relations have seen a downward trend due to the decrease in both imports and especially exports. The total trade amounted to EUR 6.856 million, by 3.5% less than in the first three months of the year 2015 against the first three months of 2014, of which export amounted to EUR 3,444.1 million (-6.6%) and imports amounted to EUR 3,411.9 million (-0.2%),” MECT informs.

For the same two periods of analysis, trade balance surplus Romania – non-EU countries – decreased from EUR 268.6 million to EUR 32.2 million (-88%).

 

exportsfirst quarterimportsintra-communityMinistry of EconomyRomaniatradetrade and tourism
Comments (0)
Add Comment