www.zfenglish.com - Last update 20:48
Exports Reach New All-time Highs
Romania’s exports reached a record high 52.5 billion euros in 2014, supported by deliveries to European Union member states
On the other hand, a rebound in domestic consumption fueled the rise in imports to an all-time high of EUR58.5 billion.
The country’s total exports were up 5.8% compared with EUR49.6 billion in 2013, while imports were 5.9% higher on the year.
Romania’s trade deficit was of EUR6.05 billion in 2014, wider than EUR5.7 billion a year earlier.