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Romania's trade balance deficit narrows to 1.193 bln euros this January

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Romania's FOB/CIF trade balance deficit stood at 1.193 billion euros this January, by 124.6 million euros less from a year ago, as imports dropped 5.8 percent and exports 4.9 percent, according to data released on Friday by the of Statistics (INS).

FOB exports totaled 5.405 billion euros this January, and CIF imports stood at 6.599 billion euros.

The product groups with a significant share of the country's trade in the reporting month were machines and transport equipment (49.9 percent for exports and 37.7 percent for imports) and other manufactured products…

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