Romania’s trade deficit shrinks amid subdued domestic demand
Romania’s imports dropped by 5.3% y/y to EUR 10.6 billion in November – the month when the wholesale traders bring in their merchandise for the peak retail sales, and the retailers’ business is gaining momentum. Exports edged down…
iulian ernst · Journalist
· Updated · 3 min read
Romania’s imports dropped by 5.3% y/y to EUR 10.6 billion in November – the month when the wholesale traders bring in their merchandise for the peak retail sales, and the retailers’ business is gaining momentum. Exports edged down marginally by 0.1% y/y to EUR 8.4 billion in the same month, resulting in a trade deficit (EUR 2.26 billion) that was 21% y/y smaller compared to that seen in the same month of 2024.
It was the second month when the trade balance improved significantly in annual terms, and the trade deficit in the 12 months to November (EUR 33.1 billion, 8.8% of GDP) is already 1.2% smaller compared to the previous 12-month period.
