REPORTER.gr

30 August 2005

Romania 's foreign trade advances in first 7 months of 2005

Romania 's FOB exports rose by 15.2% year-on-year in the first seven months of the year, reaching 12.52 bln euro , data released by the National Statistics Institute shows.

Exports stood at 1.993 bln euro in the first seven months of 2005, up by 8.2% compared to the same period last year.

The value of trade recorded in July 2005 is the highest since 1990.

Romanian exports to the European Union (EU-25) increased by 7.1 percent compared to the first seven months of 2004, with 68.6 percent of Romanian exports having been bound for the EU.

CIF imports in the first seven months reached 17.49 billion euros, up by 21.8 percent compared to the same period last year.

CIF imports totalled 2.546 billion euros in the first seven months of 2005, up by 16.2 percent compared to the same period of 2004.

Imports from the EU-25 rose by 17.7 percent year on year, making up 63 percent of Romania 's imports.

http://www.reporter.gr/fulltext_eng.cfm?id=50830155417