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Romania's trade deficit up by 14.36% to 6.9 billion euro in first four months of 2008

de A.C.
Luni, 9 iunie 2008, 14:26 English | Business

Romania's trade deficit reached 6.9 billion euro in the first four months of this year, a 14.36% increase compared to the similar period last year, Romania's National Statistics Institute informs. Exports during this period totalled 10.7 billion euro while imports amounted to 17.6 billion euro. 

As compared to the same period last year, exports grew by 16.7% for values expressed in euro while imports increased by 15.8% for values expressed in euro. Thus, during January - April, the dynamics of goods exports exceeded the imports dynamics.

The total value of intra-communitarian goods during the mentioned period amounted to 7.54 billion euro for exports and  12.38 billion euro for imports. The difference in dynamics between exports and imports was due to the depreciation of the national currency by 8.8% in January, by 8% in February, 10.5% in March and 9.2% in April this year.

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