Romania's seven-month trade deficit widens by almost half a billion euros

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Romania's seven-month trade deficit widens by almost half a billion euros

Romania's seven-month trade deficit expanded to 9.990 billion euros, 481.4 million euros more compared to the same period of 2019, as exports fell 16.2 pct and imports dropped 12.2 pct, according to data released on Wednesday by the of Statistics (INS).

FOB exports over January - July 2020 totaled 34.135 billion euros, and CIF imports amounted to 44.125 billion euros.

INS data show that in July 2020 FOB exports amounted to 5.552 billion euros and CIF imports stood at 6.875 billion euros, resulting in a trade deficit of 1.323 billion euros. 2019,…

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