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INS: Romania's food imports reached 2.8 billion euros

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MeetMilk.ro

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In March 2024, FOB exports amounted to 7904.1 million euros, and CIF imports amounted to 10452.5 million euros, resulting in a deficit of 2548.4 million euros.

Compared to March 2023, exports in March 2024 decreased by 9.8%, and imports decreased by 6.7%.

From January 1 to March 31, 2024, FOB exports amounted to 22946.1 million euros, and CIF imports amounted to 29645.1 million euros.

From January 1 to March 31, 2024, exports decreased by 3.7%, and imports decreased by 3.2% compared to the period from January 1 to March 31, 2023.

The trade balance deficit (FOB/CIF) from January 1 to March 31, 2024, was 6699.0 million euros, 103.3 million euros (-1.5%) less than the deficit recorded from January 1 to March 31, 2023.

From January 1 to March 31, 2024, significant shares in the structure of exports and imports were held by the product groups:

machinery and transport equipment (47.7% of exports and 36.2% of imports) and other manufactured goods (29.1% of exports and 27.9% of imports).

The value of intra-EU27 goods trade from January 1 to March 31, 2024, was 16840.5 million euros in dispatches and 21937.3 million euros in arrivals, representing 73.4% of total exports and 74.0% of total imports.

The value of extra-EU27 goods trade from January 1 to March 31, 2024, was 6105.6 million euros in exports and 7707.8 million euros in imports, representing 26.6% of total exports and 26.0% of total imports.

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