Abstract

The geographical orientation of goods trade flows of Romania reveals the European markets prevailing. Those markets held over 70% from overall exports as well as from overall imports. Considering the structure, the exports as well as imports consists of a some 3/4 proportion of goods included in six classes of the Combined Nomenclature the same at export as well as import, with a single exception. In the 2000 - 2007 period, excepting a single year, the imports had a growth more notable than exports, thus inducing a growing trade imbalance and a negative contribution to the real growth of GDP. This tendency reversed in 2008, was amplified in 2009, and it maintained in 2010 and 2011, leading initially 2008 to a trade imbalance stagnation, and, thereafter, to its considerable erosion and a positive contribution to the real growth of GDP in 2009.

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