Romania’s furniture industry posts trade surplus of EUR 700 million in January-May

The furniture industry in Romania registered a commercial surplus of EUR 694 million euros in the first five months of 2018, a level similar to the previous year, according to the APMR (Association of Furniture Producers in Romania). Romania exported EUR 987 million in furniture and imported similar products worth about EUR 292 million, exports being 3.4 times higher than imports, an atypical situation for the domestic economy, which usually generates a trade deficit, according to Business-Review.eu.

 

In the first five months of 2018, Romania’s furniture exports increased by 3.2 percent, the most loyal buyers of Romanian furniture being Germany, France, Italy, the Czech Republic and the Netherlands, according to the value of exports in 2018.

 

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