Romania's goods trade deficit increased 11.1% to €12.2bn in Q1-Q2 2024, driven by a 2.9% decrease in exports and a 0.
Romania's goods trade deficit expanded by 11.1% to €12.2bn in the first five months of 2024, due to a 2.9% drop in exports and a 0.2% rise in imports, according to data from the Romanian Institute of Statistics (INS). This widening gap poses a challenge for Romania's economy and presents opportunities for foreign investors and companies seeking to expand their operations in the region.
July 10, 2024
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