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Romania registered the sixth highest trade deficit in the EU

de A.C.
Marţi, 17 iunie 2008, 16:10 English | Business

Romania registered in the first quarter of 2008 the sixth highest trade deficit in the European Union with 4.9 billion euro, at the same level with Poland, an Eurostat report shows, quoted by Romanian news agency NewsIn.

Romania's trade deficit increased in the first three months by 11% as compared to the similar period, last year. In the same vein, exports increased by 14% and imports by 13%. 

Romania exported, in the above mentioned period, goods of a total value of 8 billion euro while imports totaled at 12.9 billion euro. Other European countries with trade deficits greater than the one registered by Romania is Great Britain with 34 billion euro, Spain with 26.7 billion euro and France with 14.5 billion euro. Bulgaria, however, reported a trade deficit of 2.1 billion euro.

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