Romanian trade deficit up 45%

The Romanian trade deficit grew to 11.24 billion euro in the first ten months of 2006, up 45% compared to the same period last year, the National Statistics Institute in Bucharest has announced.

In october 2006, the value of FOB exports stood at 2247.7 million euro, up 15.8% compared to October 2005 and 1.9% higher than September 2006.

CIF imports stood at 3879.5 million euro in October, 26% higher than October 2005 and 14.7% higher than September 2006.

HotNews.ro, Dec 5, 2006