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Romanian exports up by 18.3% in 9 months

20 noiembrie 2008

Information in English

 
The Romanian FOB exports totalled 93.039 billion lei (25.581 billion euros) Jan. through Sept. 2008, being up by 30.4% in national leu currency terms and by 18.3% in euro terms compared to the same period a year ago, the National Institute of Statistics announced on November 10.
 
The CIF imports amounted to 154.600 billion lei (42.515 billion euros) in the first nine months of this year, up by 27.8% in leu terms and by 15.9% in euro terms compared to the same period of 2007.
Romanian exports outpaced the imports in the first eight months, thus keeping on the trend seen since Dec. 2007.
 
The bulk of the Romanian exports and imports in the first nine months consisted of mineral fuels, lubricants and connected materials (9.9% of exports and 13.6% of imports), machinery and transport equipment (34.4% of exports and 35.6% of imports) and other manufactured goods (38.8% of exports and 30.9% of imports).
The FOB exports totalled 10.485 billion lei (2.915 billion euros), while the CIF imports amounted to 18.865 billion lei (5.253 billion euros) in this Sept., the Institute announced in preliminary figures.
 
The Romanian exports in this Sept. were by 26.1% higher in leu terms compared to last Sept. (16.6% in euro terms), while the imports were up by 34.5% in leu terms (24.5% in euro terms).
The exports grew in Sept. from Aug. by 12.4% in leu terms (10.8% in euro terms), and imports were up by 21.8% in leu terms (20.3% in euro terms), the Statistics Institute announced.
 
ANEIR: Romania’s exports to fall by 30% and layoffs to follow suit Romania’s exports will fall by 30% in the coming period due to the recession in the industrialized states of the eurozone, and there will be significant layoffs, on Friday warned the National Association of Exporters and Importers of Romania (ANEIR).
 
“The Romanian exports to the EU countries used to amount to over 2.5bn euro annually, and due to their reduction more than 600m euro will no longer enter the treasury of the Romanian state”, said the secretary general of ANEIR, Mihai Ionescu, after November 14 announcement of Eurostat regarding the negative economic trend in EU 15.
 
“Over 150,000 employees will be made redundant, out of whom 60,000 in the textile industry alone. Redundancies will be made also in the steel, auto and glass industries”, Mihai Ionescu said.

 

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