Statistics: Romania’s trade deficit exceeds 8.26 bn euros in first 10 months of 2012

Romania’s FOB-CIF trade deficit from January to October 2012 exceeded RON 36.83 billion (8.26 billion euros) and was over RON 4.54 billion (585.7 million euros) higher than that recorded in the similar period of last year, according to the data released on Monday by the National Statistics Institute (INS).
The FOB exports in January-October 2012 exceeded RON 167 billion (over 37.7 billion euros) and the CIF imports were worth more than RON 204 billion (over 45.96 billion euros).
Compared with the same period in 2011, exports increased by 5 percent in terms of values expressed in RON (and decreased by 0.3 percent in terms of values expressed in euros), while imports rose by 6.5 percent in RON values (1 percent in euro values).
The value of intra-EU trade of goods in the first 10 months of this year was higher than RON 118 billion (over 26.59 billion euros) in terms of exports, and was worth RON 150.5 billion (33.83 billion euros) in terms of imports, representing 70.6 percent of total exports and 73.7 percent of total imports, respectively.

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