Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Romania's trade deficit exceeds 7.1 billion euros in...

Romania's trade deficit exceeds 7.1 billion euros in first quarter

May 26, 2022

- In March 2022, the FOB exports amounted to 8226.2 million euro and the CIF imports amounted to 10797.7 million euro, a commercial deficit of 2571.5 million euro being registered. - Compared to March 2021, the exports increased by 26.0% and the imports increased by 22.9% in March 2022. - In the period 1.I-31.III 2022, the FOB exports amounted to 22035.3 million euro and the CIF imports amounted to 29203.7 million euro. - In the period 1.I-31.III 2022, the exports increased by 24.4% and the imports increased by 26.7%, compared to the period 1.I-31.III 2021. - In the period 1.I-31.III 2022, the FOB-CIF commercial deficit was of 7168.4 million euro, 1830.5 million euro more than in the period 1.I-31.III 2021.   The trade deficit between January 1 and March 31, 2022 was 7.168 billion euros, by 1.830 billion euros higher than in the same period of last year, according to the National Institute of Statistics (INS).During the analyzed period, the exports were worth 22.035 billion euros, being higher by 24.4%. At the same time, imports amounted to 29.203 billion euros, up 26.7%.Romanians imported cars and transport equipment the most, worth 9.554 billion euros, by 11.5% more than last year.The largest exports were also in the category of transport machinery and equipment (9.463 billion euros, up 7.8%).As of March 2022, exports amounted to 8.226 billion euros and imports to 10.797 billion euros, resulting in a deficit of 2.571 billion euros.Compared to March 2021, exports in March 2022 increased by 26.0% and imports were higher by 22.9%. 

The text of this article has been partially taken from the publication:
http://actmedia.eu/daily/romania-s-trade-deficit-exceeds-7.1-billion-euros-in-first-quarter/97567
Read in full - click here
Media investigation revealing "captured judiciary" prompts street protests in Romania

A two-hour documentary published by the investigative platform Recorder on December 9, revealing how a structure coordinated and controlled through alleged benefits and penalties by High Court president Lia Savonea captured the entire judicial system over the past year, developing institutional mechanisms to legally free high-profile politicians and businessmen, some of them already with a...

New Year’s Day Brunch at Radisson Blu Hotel, Bucharest

Radisson Blu Hotel, Bucharest opens 2026 with a relaxed New Year’s Day Brunch designed as a welcoming start to the year. Held between 12:30 and 16:30, the event brings together families, hotel guests and Bucharest residents for a generous festive buffet that blends traditional Romanian flavors with international dishes. Guests can enjoy a varied selection […]

North Bucharest Investments accelerates by almost 15% in November, outperforming the national market trend

North Bucharest Investments closed November with a transaction volume almost 15% higher compared to October, marking the most dynamic period of the past months for the company. According to the press release issued by the National Agency for Cadastre and Land Registration (ANCPI), “in November 2024, 58,415 properties were sold nationwide, 9,583 fewer than in […]

Traditional Romanian string instrument added to UNESCO’s Intangible Cultural Heritage list

Romania achieved a new cultural milestone as UNESCO added the cobza, a traditional pear-shaped string instrument, to the Representative List of the Intangible Cultural Heritage of Humanity. The element, officially titled “Cobza, traditional knowledge, skills and music,” was jointly nominated by Romania and the Republic of Moldova. The decision, announced...

Weekend calendar: Noël fair, carol concerts, exhibitions and more

Plenty of Christmas markets and a designer gift fair are on this weekend for those looking for the right presents, while carol concerts liven the mood.

Presidents Aleksandar Vucic and Nicusor Dan hold phone talks on Serbian-Romanian bilateral projects

   Serbian President Aleksandar Vucic held a phone conversation with his Romanian counterpart Nicusor Dan regarding all bilateral matters of importance to the two countries, Tanjug reported on Wednesday.In an Instagram post, Vucic wrote that the two countries share a centuries-old friendship, closeness and cooperation across all areas and expressed his conviction that there is […]