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The Impact of Covid-19 Pandemic on Romania’s Trade Balance

Author

Listed:
  • Maria Girip

    (The Bucharest University of Economic Studies)

  • Daniela Maracine

    (The Bucharest University of Economic Studies)

  • Lacramioara Alina Dracea

    (The Bucharest University of Economic Studies)

Abstract

In the past year the whole world was affected by the Covid-19 pandemic, Romania was not excepted from that, the economy changed after being impacted by Covid-19 pandemic. Although the impact was visible in small business most and in the sanitary domain, Romania having a major sanitary crisis, the impact also affected the trade balance and enlarged the trade deficit even more. This paper plans to analyse the changes from before the pandemic and after, by observing the commercial balance fluctuations from 2010 until March 2021, with the latest data available.

Suggested Citation

  • Maria Girip & Daniela Maracine & Lacramioara Alina Dracea, 2021. "The Impact of Covid-19 Pandemic on Romania’s Trade Balance," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 311-318, August.
    • Handle: RePEc:ovi:oviste:v:xxi:y:2021:i:1:p:311-318
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    File URL: https://stec.univ-ovidius.ro/html/anale/RO/2021/Section%203/19.pdf
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    More about this item

    Keywords

    import; export; commercial balance; trade balance;
    All these keywords.

    JEL classification:

    • F30 - International Economics - - International Finance - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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