Romania Balance of Trade

Last Release

Oct 31, 2024

Actual

-3,724.6

Units In

EUR Million

-2,571.5

Frequency

Monthly

Next Release

Jan 09, 2025

Time to Release

28 Days 7 Hours

Highest	Lowest	Average	Date Range	Source
137.6 Feb 1996	-3,724.6 Oct 2024	-904.16 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 increased to EUR 3.72 billion in October 2024 from EUR 2.80 billion in the same month of the previous year, mainly due to a surge in imports. Purchases rose by 8.6% year-on-year to a record high of EUR 12.17 billion, driven by higher orders from both EU (6.4%) and non-EU (14.5%) countries. Meanwhile, exports edged up by 0.5% to EUR 8.45 billion, primarily supported by a 3.3% increase in sales to non-EU countries as shipments to the EU fell by 0.5%. For the first ten months of the year, the country’s trade gap stood at EUR 27.21 billion, with exports falling by 1.2% from the corresponding period in 2023 while imports increased by 3.0%.