Romania grows exports to China but imports are still seven times higher

Romania doubled the volume of exports to China in the first half of this year, sending EUR 154 million worth of goods and services to the country, according to data from the European Statistics Institute (Eurostat). Meanwhile, the country's imports from China grew too, from EUR 826 million in the first half of last year, to EUR 1.17 billion in the same period of this year. Which triggered the trade deficit between the two countries exceeding EUR 1 billion in H1 this year, from around EUR 750 million in the same period of last year. Germany is EU's biggest exporter to China, covering half of the European Union exports to the country. Germany is also the country which gets a quarter of EU's imports from China. Except Ireland and Finland, all EU countries register trade deficits with China for the first half of the year. Overall, the EU managed to increase its exports to China during this period, to EUR 53 billion in the first half of the year, from EUR 37 billion during the same period last year. China was the second most import trade partner for the EU, after the US. The EU exported more crude materials, energy, chemicals, machinery and vehicles to China during the first six months of the year. Romania-insider.com