FX.co ★ Romania Trade Deficit Widens in March

In March 2025, Romania experienced an increase in its trade deficit, reaching EUR 2.84 billion compared to EUR 2.50 billion in March of the previous year. This was attributed to an 8% year-on-year increase in imports, marking a five-month peak at EUR 11.29 billion. The rise in imports was fueled by heightened acquisitions from both European Union countries, which grew by 6.4%, and non-EU nations, where purchases surged by 12.7%. Conversely, exports expanded by 6.3% to EUR 8.45 billion, with exports to the EU climbing by 4.7% and those to non-EU countries increasing by 10.7%. For the first quarter of 2025, the trade deficit expanded to EUR 8.45 billion, up from EUR 6.66 billion in the same timeframe last year. This was due to exports inching up by 2.7%, while imports rose more significantly by 8.1%.