Romania's commercial deficit decreased by 58.58% in 2009 to 9.73 billion euro

Romania’s commercial deficit decreased last year with 58.58% to 9.73 billion euro from 23.51 billion euro in 2008, according to Romania’s National Statistics Institute date. The decrease was due mainly because of a decrease of imports in the detriment of exports.

In the mentioned period, exports dropped by 13.9% to 29.03 billion euro and imports diminished by 32.3% to 38.77 billion euro. Cars and transports equipments continue to rule the exports with 42.8% followed by food, drinks and tobacco, fuel and other materials with 6% each.

In respect to imports, the biggest share is taken by cars and transports equipments with 33.8% followed by chemical products with 14%, fuel with 9.4%.