22/2/2011 00:00:00

The preliminary evaluation of foreign trade outside the EU in January 2011, record an economic growth of 8.7%, higher than imports (+4.4%), in the presence of substantially higher levels of exchange for the input flows. The growth trend is very strong for both streams: +34.9% for exports and +46.2% for imports. The persistent trade deficit with countries outside the EU is amplified considerably from -3.4 billion in January 2010 to -5.8 billion in January 2011. The energy sector in January 2011 recorded a significant growth in its deficit (-5.6 billion compared with -3.8 billion in January 2010), accounting for 75% of the increase of the total deficit. Even the exchange of non-energy goods contributes to the negative balance of trade balance, rising from 456 million in January 2010 to less than 169 million in January 2011. Capital goods drive the growth trend in exports of non-energy products (+41.9%) achieving a surplus of over 2.1 billion. For intermediates there is a trend growth in imports (+73%) considerably larger than exports (+31%) and a trade deficit of almost 1.9 billion euro. The more dynamic target markets are United States (+64.9%), Mercosur countries (South America) (+62.5%), Turkey (+45.5%), Russia (+45.2%) and Switzerland (+35.5%). Weaker is the growth to the ASEAN countries and EDA. Sustained growth in imports affects the Mercosur countries (+73%), the OPEC countries (+65.2%), China (+52%) and the United States (+50.5%), while there is a relatively lower growth of inflows from Turkey (+17.6%) and Japan (+27.2%).

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