Romania Balance of Trade

Last Release

Jul 31, 2024

Actual

-2,949.2

Units In

EUR Million

-2,778.8

Frequency

Monthly

Next Release

Oct 10, 2024

Time to Release

28 Days 23 Hours

Highest	Lowest	Average	Date Range	Source
137.6 Feb 1996	-3,429.2 Dec 2023	-887.63 EUR Million	1992-2024	Institutul National de Statistica

Romania exports mostly machinery and transport equipment, raw materials, and miscellaneous manufactured articles like textiles and footwear. Romania imports machinery and transport equipment, raw materials, chemicals and fuels. More than 70% of exports and imports are with other European Union members with Italy, Germany and France being the most important.

Latest Updates

Romania’s trade deficit widened to EUR 2.95 billion in July 2024 from EUR 2.28 billion in the corresponding month of the previous year, as imports grew more than exports. Year-on-year, imports surged 13.4% to EUR 11.27 billion, driven by higher purchases from EU (6.6%) and non-EU countries (32.9%). Meanwhile, exports rose at a softer 8.6% from a year earlier to EUR 8.32 billion, mainly due to increased sales to EU (5.1%) and non-EU countries (18%). Considering the first seven months of the year, the country’s trade gap increased to EUR 18.04 billion from EUR 15.6 billion to the same period last year.