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INS: Exports up 5.8 per cent, imports up 5.9 per cent in 2014

Romanian exports reached the level of 52.5 billion Euro in 2014, up by 5.8 per cent, whilst imports rose to 58.5 billion Euro, by 5.9 per cent higher than in 2013, according to the estimative data released by the National Statistics Institute (INS).

2015-02-09 16:27:18

The FOB exports in 2014 were worth 233.214 billion lei (52.458 billion Euro) and the CIF imports had the value of 260.056 billion lei (58.504 billion Euro).

Compared to 2013, exports increased by 6.4 per cent-in lei values (5.8 per cent in Euro values) and imports went up by 6.4 per cent in lei values (5.9 per cent in Euro values).

The FOB-CIF trade deficit in 2014 amounted to 26.842 billion lei (6.046 billion Euro), up by 1.606 billion lei (339.2 million Euro) from 2013.

The value of the intra-EU trade (Intra-EU28) in 2014 was 165.748 billion lei (37.305 billion Euro) in terms of exports and 195.943 billion lei (44.103 billion Euro) in terms of imports, having represented 71.1 per cent of total exports and 75.4 per cent of total imports.

The extra-EU trade (Extra-EU28) in 2014 had the value of 67.466 billion lei (15.153 billion euros) in terms of exports, and 64.112 billion lei (14.401 billion euros) in terms of imports, having accounted for 28.9 per cent of total exports and 24.6 per cent of total imports.

In 2014, significant shares in the structure of exports and imports were held by the following groups of products: cars and transport equipment (42.3 per cent in terms of exports and 35.5 per cent as far as imports go) and other manufactured products (32.7 per cent for export and 30.7 per cent for imports respectively)



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