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Romania's trade balance deficit increases by 908 million euro, after 11 months of 2020

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Romania's trade balance deficit (FOB/CIF) has gone up by 908.7 million euro, during the first 11 months of 2020, in comparison with the same period of the previous year, to the value of 16,433 billion euro, according to the data published on Monday by the of Statistics (INS).

According to the official statistics, during the period of January 1st - November 30th 2020, FOB exports were worth 57,102 billion euro, and CIF imports reached 73,536 billion euro. Exports have gone down by 11%, and imports diminished by 7.7% as opposed to the same period of 2019.

According…

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