Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. The  trade balance deficit, up over 4.3bn euros...

The  trade balance deficit, up over 4.3bn euros in first 10 months

January 11, 2022

- In October 2021, the FOB exports amounted to 6547.5 million euro and the CIF imports amounted to 9013.3 million euro, a commercial deficit of 2465.8 million euro being registered. - Compared to October 2020, the exports increased by 4.6% and the imports increased by 11.8% in October 2021. - In the period 1.I-31.X 2021, the FOB exports amounted to 61079.4 million euro and the CIF imports amounted to 80288.5 million euro. - In the period 1.I-31.X 2021, the exports increased by 19.6% and the imports increased by 21.8%, compared to the period 1.I-31.X 2020. - In the period 1.I-31.X 2021, the FOB-CIF commercial deficit was of 19209.1 million euro, 4349.5 million euro more than in the period 1.I-31.X 2020.   Romania's trade balance deficit (FOB / CIF) amounted to 19.209 billion euros in the first 10 months of the year, up by 4.349 billion euros compared to the same period in 2020, show data from the National Institute of Statistics (INS), published on Friday.According to the INS, in October 2021, FOB exports amounted to 6.547 billion euros, and CIF imports amounted to 9.013 billion euros, resulting in a deficit of 2.465 billion euros.Compared to October 2020, exports in October 2021 increased by 4.6% and imports by 11.8%.Between 1 January and 31 October 2021, FOB exports amounted to 61.079 billion euros and CIF imports amounted to 80.288 billion euros. Between 1 January and 31 October 2021, exports increased by 19.6% and imports increased by 21.8% compared to the same period in 2020.According to the INS, between January 1 and October 31, 2021, important shares in the structure of exports and imports are held by product groups: transport machinery and equipment (45.2% for export and 35.5% for import) and other manufactured products (30.7% for exports and 30.3% for imports).The value of intra-EU trade in goods between January 1 and October 31, 2021 was 44.347 billion euros in shipments and 58.333 billion euros in introductions, representing 72.6% of total exports and 72.7% of total imports.The value of non-EU27 trade in goods between 1 January and 31 October 2021 was 16.731 billion euros in exports and 21.954 billion euros in imports, accounting for 27.4% of total exports and 27.3% of total imports.

The text of this article has been partially taken from the publication:
http://actmedia.eu/daily/the-trade-balance-deficit-up-over-4.3bn-euros-in-first-10-months/95402
Read in full - click here
Romanian Social Democrats elect new leadership, only one candidate running for party leader

Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]

Black Friday sales processed by PayU Romania top EUR 100 mln by early afternoon

The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]

Romanian smartphone retailer Contakt to launch IPO on Bucharest Exchange

Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]

Romania draws fewer foreign tourists than in the communist era, Travel Agencies Association warns

Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...

InterCapital launches two new ETFs on the Bucharest Stock Exchange

InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]

Romania, Bulgaria and Republic of Moldova approve Maspex’s takeover of Purcari Wineries

The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries.  The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]