Romanian Exports Seen Up 20% On Year To EUR45B In 2011
Romanian exports are likely to increase 20% on the year to EUR45 billion in 2011, largely supported by higher exports of cars, telecom equipment and oil products, the national association of exporters and importers ANEIR said Monday.
Overall imports are estimated at EUR55 billion, up 17% from roughly EUR47 billion in 2010.
The country’s trade deficit is forecast at EUR10 billion, slightly wider from EUR9.5 billion a year earlier.
ANEIR said Romania’s top three exporters in 2011 are carmaker Automobile Dacia, the local unit of French Renault, together with Finnish mobile phone maker Nokia and oil company Rompetrol Rafinare (RRC.RO).
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