Trade balance deficit up to EUR 6.52bn in five months of 2019


The trade balance deficit has deepened in the first five months of 2019 up to EUR 6.52 billion, up by EUR 1.51 billion against January 1 – May 31, 2018, the National Statistics Institute (INS) informs on Wednesday.

The FOB exports amounted to EUR 29.34 billion (up by 4.4%) and the CIF imports to EUR 35.86 billion (up by 8.3%).

The intra-EU28 trade exchanges were of EUR 22.67 billion for shipments and EUR 29.92 billion for imports, i.e. 77.3% of exports and 75.1% of imports.

The extra-EU 28 trade exchanges amounted to EUR 6.67 billion for exports and EUR 8.95 billion for imports, i.e. 22.7% of exports and 24.9% of imports.

The FOB exports in May 2019 amounted to EUR 6.27 billion and the CIF imports to EUR 7.75 billion, resulting in a trade deficit of EUR 1.48 billion.

As compared to May 2018, the exports in May were up by 6.8% and imports by 8.5%.

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