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%.