The biggest difference between Romania's import and export value was recorded in 2008, at 23.5 billion euros. Subsequently, the trade deficit remained at around ten billion euros for some years and increased up to 18.4 billion euros by 2020. However, it is expected that the trade deficit would peak at nearly 30 billion euros by 2025.
Trade deficit value in Romania from 1998 to 2020 with a forecast until 2025 (in billion euros)*
* A trade deficit occurs when a country's imports exceed its exports during a given time period. It is also referred to as a negative balance of trade.
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Ziarul Financiar. (August 27, 2021). Trade deficit value in Romania from 1998 to 2020 with a forecast until 2025 (in billion euros)* [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1189449/romania-trade-deficit-value/
Ziarul Financiar. "Trade deficit value in Romania from 1998 to 2020 with a forecast until 2025 (in billion euros)*." Chart. August 27, 2021. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1189449/romania-trade-deficit-value/
Ziarul Financiar. (2021). Trade deficit value in Romania from 1998 to 2020 with a forecast until 2025 (in billion euros)*. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1189449/romania-trade-deficit-value/
Ziarul Financiar. "Trade Deficit Value in Romania from 1998 to 2020 with a Forecast until 2025 (in Billion Euros)*." Statista, Statista Inc., 27 Aug 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1189449/romania-trade-deficit-value/
Ziarul Financiar, Trade deficit value in Romania from 1998 to 2020 with a forecast until 2025 (in billion euros)* Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1189449/romania-trade-deficit-value/ (last visited November 10, 2024)
Trade deficit value in Romania from 1998 to 2020 with a forecast until 2025 (in billion euros)* [Graph], Ziarul Financiar, August 27, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1189449/romania-trade-deficit-value/
