October 11 (SeeNews) - Romania's trade deficit rose by 3.08 billion euro year-on-year in the first eight months of 2021 to an estimated 14.6 billion euro ($16.8 billion), the country's statistical office, INS, said on Monday.
Exports jumped by an annual 24.4% and imports rose 24.9% on the year in January-August, INS said in a statement.
The European Union absorbed 72.9% of Romania's exports in the period under review, and accounted for 72.8% of the country's imports.
Machinery and transport equipment accounted for 46.7% of Romanian exports and 36% of imports, while other manufactured goods made up 30.5% of exports and 30.1% of imports during the first eight months of 2021.
Romania's trade gap widened by 6% on the year to an estimated 18.38 billion euro in 2020.
($=0.8644 euro)