Reporter.gr
January 16, 2006
Romania : Exports Expected to Grow by 15% in 2006
- Exports will be maintained on a rising trend in 2006 as well, the growth proposed being of 15 percent, said the delegate minister of trade Iuliu Winkler, ACT Media news agency reports.
Along with the exports growth, there will a decrease of trade deficit.
Taking into consideration that 2006 is estimated to have a growth of foreign investments, large imports of technology and equipment will be undertaken.
Iuliu Winkler added that the trade deficit will be influenced by the growth of domestic consumption but by import of energy products as well, especially natural gas and oil. In 2005, there was a record regarding the value of Romanian export.
For the first 11 months, exports amounted to 20.4 billion euros, up by 17 ,4 percent against 2004.
Imports were, for the first 11 months of 2005, worth 29.4 billion euros, up by 24.2 percent against 2004.
Source: ACT Media News Agency