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

Author

Listed:
  • Harja Eugenia
  • Stângaciu Oana Ancuta

Abstract

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.

Suggested Citation

  • Harja Eugenia & Stângaciu Oana Ancuta, 2011. "Statistical analysis of trade relations of Romania with the EU member states," Studies and Scientific Researches. Economics Edition, "Vasile Alecsandri" University of Bacau, Faculty of Economic Sciences, issue 16-17.
  • Handle: RePEc:bac:fsecub:11_12-16_17-02
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    More about this item

    Keywords

    FOB export; CIF import; trade balance; coverage degree of imports with exports;

    JEL classification:

    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • F10 - International Economics - - Trade - - - General
    • F49 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Other
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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