Romania recorded a trade deficit of 1755.50 EUR Million in July of 2019, the highest since November of 2018. Balance of Trade in Romania averaged -652.78 EUR Million from 1992 until 2019, reaching an all time high of 137.60 EUR Million in February of 1996 and a record low of -2542.10 EUR Million in September of 2008.
Balance of Trade in Romania is expected to be -1000.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Romania to stand at -1350.00 in 12 months time. In the long-term, the Romania Balance of Trade is projected to trend around -1620.00 EUR Million in 2020, according to our econometric models.