Romania trade deficit widens in December

Trade

Pixabay

Romania's trade deficit increased to EUR 1.952 billion in December 2020, from EUR 1.773 billion in the same month a year earlier, figures from the statistics institute showed on Tuesday.

In November, the trade deficit was EUR 1.573 billion. Exports grew 5.1% annually in December, following a 0.6% rise in November. Imports gained 6.4% yearly in December, following a 1.5% increase in the previous month.

In 2020, exports decreased 9.9% and imports declined 6.6%. The trade deficit was 18.387 billion. 

ADVERTISEMENT

Business, consumer confidence improves - Századvég Analysis

Business, consumer confidence improves - Századvég

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

Martina Cifer joins Avison Young Hungary Appointments

Martina Cifer joins Avison Young Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.