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Romania 1Q Exports Rise At 2nd Fastest Pace In EU

Romanian exports rose 21% on the year to EUR7.9 billion in the first quarter, the second biggest increase in the European Union, official data showed Tuesday.
Romania 1Q Exports Rise At 2nd Fastest Pace In EU
15 iun. 2010, 16:37, English

Imports were up 13% to EUR9.9 billion, EU’s statistics office Eurostat said. Romania’s foreign trade gap was EUR2 billion in the first quarter, slightly narrower from a deficit of EUR2.2 billion in the year-earlier period.

The EU’s trade deficit narrowed to EUR36 billion in the first quarter, from EUR48.1 billion in January-March 2009, Eurostat data showed.

Concerning the total trade of the member states, the largest surplus was observed in Germany (EUR37.4 billion in January-March 2010), followed by the Netherlands (EUR12.0 billion) and Ireland (EUR9.4 billion).

The United Kingdom (with EUR24.9 billion) registered the largest deficit, followed by France (-14.4 billion), Spain (-12.2 billion), Greece (-7.1 billion) and Italy (-6.9 billion).