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Romania exports, down 11% in March

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Exports from Romania decreased by 11% to EUR 6.13 billion in March, compared with the same month last year. The country’s exports were impacted by the lockdown, and less intense economic activity in the second part of the month.

Imports also decreased by 2% on an annual basis to EUR 7.30 bln, which reflected both the less intense economic activity but also the logistics problems caused by the closure of borders.

As a result, the trade deficit in the third month of the year surged by 43% compared to March 2019, reaching EUR 1.86 bln