Romania Balance of Trade

Last Release

Aug 31, 2024

Actual

-2,880.8

Units In

EUR Million

-2,949.2

Frequency

Monthly

Next Release

Nov 11, 2024

Time to Release

30 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
137.6 Feb 1996	-3,429.2 Dec 2023	-892.71 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 2.88 billion in August 2024 from EUR 2.64 billion in the corresponding month of the previous year. Imports fell by 3% year-on-year to EUR 9.4 billion, weighed down by lower purchases from EU countries (-5.8%). However, arrivals increased from non-EU countries (3.6%). Meanwhile, exports decreased at a faster 7.5% from a year earlier to EUR 6.5 billion, primarily attributed to reduced sales to EU (-6.9%) and non-EU (-9%) countries. Considering the first eight months of the year, the country’s trade gap increased to EUR 20.92 billion from EUR 15.61 billion in the same period last year.