Trade deficit in 2017, close to EUR 13 bn

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Romania’s foreign trade in 2017 shows that FOB exports amounted to EUR 62641.2 million, while CIF imports amounted to EUR 75596.9 million, according to National Institute of Statistics (INS) data.

At the same time, FOB-CIF commercial deficit stood at EUR 12955.7 million, EUR 2983.5 million more than in 2016 or up by almost 30 percent.

In the last month of 2017, the FOB exports were of EUR 4493.6 million and the CIF imports were of EUR 6103.7 million, meaning a commercial deficit of EUR 1610.1 million. Compared to December 2016, the exports increased by 4.2 percent and the imports – up by 10.8 percent in December 2017.

The Intra-EU28 trade of goods amounted to EUR 47480.9 million for dispatches and to EUR 57277.6 million for arrivals, representing 75.8 percent of both total exports and imports. As regards the Extra‐EU28 trade of goods last year, they amounted to EUR 15160.3 million for exports and to EUR 18319.3 million for imports, representing 24.2 percent of both total exports and imports. 

The important weights in the structure of exports and imports are represented by: machinery and  transport equipment (46.4 percent for export and 37.3 percent for import) and other manufactured goods (33.2 percent for export and 30.9 percent for import, respectively). 

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