FX.co ★ Romania's Trade Balance Widens Further in February 2024

In February 2024, Romania's trade balance continued to widen as the country's trade deficit increased compared to the previous month. According to the latest data updated on April 9, 2024, the trade balance for February stood at -2.174M euros, compared to -1.958M euros in January 2024.

The widening trade deficit indicates that Romania imported more goods and services than it exported in February. This ongoing trend could have implications for the country's economy and its currency value in the global market. Policymakers and analysts will likely keep a close eye on the trade balance figures in the coming months to assess the overall health of Romania's trade environment and economic outlook.