Romania's trade deficit widened to EUR 2.23 billion in March 2021 from EUR 1.85 billion in the same month the previous year. It was the largest trade deficit since September 2008, amid the coronavirus pandemic. Exports grew 20.1 percent year-on-year to EUR 6.53 billion, while imports jumped at a faster 20.6 percent to EUR 8.78 billion. Considering the first three months of the year, the trade gap came in at EUR 5.33 billion, up from EUR 4.46 billion in the same period of 2020. source: Institutul National de Statistica
Balance of Trade in Romania averaged -705.37 EUR Million from 1992 until 2021, reaching an all time high of 137.60 EUR Million in February of 1996 and a record low of -2542.10 EUR Million in September of 2008. This page provides - Romania Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Balance of Trade in Romania is expected to be -2250.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Romania to stand at -2400.00 in 12 months time. In the long-term, the Romania Balance of Trade is projected to trend around -2700.00 EUR Million in 2022 and -2800.00 EUR Million in 2023, according to our econometric models.