Statistical analysis of trade relations of Romania with the EU member states

• Main Authors: Eugenia Harja, Ancuta Stangaciu
• Format: Article
• Language: English
• Published: University of Bacău 2012-12-01
• Series: Studies and Scientific Researches: Economics Edition
• Subjects: FOB export; CIF import; trade balance; coverage degree of imports with exports
• Online Access: http://sceco.ub.ro/index.php/SCECO/article/view/71

This study was done to analyse the structure in teritorial profile of the commercial relations of Romania compared to the European Union member states for year 2011. Based on the value of export and import trade flows for each EU member state with Romania and using statistical methods of analysis, there were subjected to processing existing information to determine the spatial distribution of foreign trade in the perspective of key trade partners Community market. As indicators such as trade balance and coverage of imports by exports is a proof to the effectiveness of trade relations between Romania and the EU Member States, there were also calculated the mentioned indicators for each Member State.