Loading ...The Romanian FOB-CIF trade deficit climbed by 22.2% in the first half-year compared to the same period of 2007 in national leu currency terms and it widened by 11.2% in euro terms, the National Institute of Statistics announced in a press release on August 11.
The FOB-CIF trade gap amounted to 39.538 billion lei (10.793 billion euros) January through June, being by 7.187 billion lei (1.092 billion euros) higher than in the first half of last year.
The export of goods in the first half-year was more dynamic than the import of goods, keeping on the trend seen since last December.
The FOB-CIF trade gap amounted to 39.538 billion lei (10.793 billion euros) January through June, being by 7.187 billion lei (1.092 billion euros) higher than in the first half of last year.
The export of goods in the first half-year was more dynamic than the import of goods, keeping on the trend seen since last December.
The exchange of goods with the European Union countries in the first six months totaled 42.812 billion lei (11.665 billion euros) in dispatches and they amounted to 70.194 billion lei (19.126 billion euros) in inflows, accounting for about 70% of the total exports and total imports respectively.
The difference in the dynamic calculated on the leu values and the one calculated on the euro values was the result of the depreciation of the national currency over Jan.-June of 2008 by some 8% to 13.3% compared to the same months of 2007.
The difference in the dynamic calculated on the leu values and the one calculated on the euro values was the result of the depreciation of the national currency over Jan.-June of 2008 by some 8% to 13.3% compared to the same months of 2007.
The main products exported and imported by Romania in H1 were vehicles and transportation equipment, accounting for 34.3% of exports and 36.8% of imports and other manufactured goods, accounting for 40% of exports and 30.9% of imports, the Statistic Institute said.
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