The trade balance deficit (FOB/CIF) rose to almost 24.5 billion euros after the first nine months of this year, which is by one billion euros (+4.3%), higher the figure recorded in the same period last year, according to data published on Monday by the National Institute of Statistics (INS).
During the mentioned period, FOB exports amounted to 72.2 billion euros, and CIF imports amounted to 96.7 billion euros, both going up 4.2%.
Important shares in the structure of exports and imports are held by the product groups: machinery and transport equipment (46.4% in exports and 36.4% in imports) and other manufactured products (27% in exports and 28.3% in imports).
The value of intra-EU27 trade in goods in the period January - September 2025 was 51.6 billion euros in shipments and 69.7 billion euros in imports, representing 71.5% of total exports and 72.1% of total imports.
The value of extra-EU27 trade in goods was 20.6 billion euros in exports and 27 billion euros in imports, representing 28.5% of total exports and 27.9% of total imports.
In September 2025, FOB exports amounted to almost 8.9 billion euros and CIF imports to 11.4 billion euros, resulting in a deficit of 2.5 billion euros. Compared to September 2024, exports increased by 9.2% and imports increased by 6.2%.
The FOB price (Free on Board) represents the price at the border of the exporting country, which includes the value of the goods, all transportation costs to the point of embarkation, as well as all taxes that the goods must bear to be loaded on board.
The CIF price (Cost, Insurance, Freight) represents the price at the border of the importing country, which includes both the components of the FOB price, as well as the cost of insurance and international transportation.
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