Romania’s Jan-Aug foreign trade deficit up at 20.92bn euros

Romania’s foreign trade deficit widened by 14.6% on the year to 20.919 billion euros ($22.88 billion) in January-August, the National Statistics Board said on Thursday.

The August shortfall was 2.881 billion euros compared with 2.949 billion the previous month.

Protocol agreement inked to strengthen ties with Romania

The Statistics Board said January-August CIF (cost/insurance/freight) imports were 61.139 billion euros, down 1.6% on the year, while exports were 82.059 billion, up 2.0%.