The shortage of the Romanian foreign trade balance increased significantly

In the first two months of this year, the deficit of the Romanian foreign balance increased by 31 percent to 1,657 billion euros – the Romanian National Statistical Institute announced on Tuesday.

The deficit was 398 million euros higher than in January-February last year.
Romanian exports and imports have also grown dynamically this year, but imports continue to grow faster than exports.

In January-February, Romania exported 10.880 billion euros, which is an increase of 11.6 percent, compared to the first two months of last year. Imports increased by 13.9 percent, reaching 12.537 billion euros. (MTI)