Trade deficit up 14.36 percent in Q1

Sursa: Standard.ro | Publicat: 09 iun 2008, 14:56

Higher export growth, compared to imports, was registered in the first four months of 2008, but did not prevent the trade deficit to widen by 14.36 percent, up to €6.9 billion.

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In spite of the advance of growth of exports, Romania is still importing more than it sells abroad.

According to preliminary data from the National Institute of Statistics (INS), exports totaled €2.73 bln in April, while imports amounted to €4.75 bln.

Compared to April 2007, exports rose 37.5 percent for RON values and 25.1 percent in euro, while compared to March 2008, both imports and exports were idle.

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