|Unit||Mil. EUR, NSA|
|Adjustments||Not Seasonally Adjusted|
|Current Account Balance||2020 Q1||-1,365||-2,246||Mil. EUR, NSA||Quarterly|
|Balance of Goods||2019 Q4||-5,758,169,428||-4,961,662,267||USD, NSA||Quarterly|
|Exports of Goods||2019 Q4||17,461,514,635||17,166,453,896||USD, NSA||Quarterly|
|Exports of Goods and Services||2019 Q4||110,569||105,839||Mil. RON, NSA||Quarterly|
|Imports of Goods||2019 Q4||23,219,684,063||22,127,881,203||USD, NSA||Quarterly|
|Imports of Goods and Services||2019 Q4||123,128||117,183||Mil. RON, NSA||Quarterly|
|Net Exports||2019 Q4||-12,559||-11,344||Mil. RON, NSA||Quarterly|
|Real Exports of Goods and Services||2019 Q4||27,959||26,959||Mil. Ch. 2000 RON, NSA||Quarterly|
|Real Imports of Goods and Services||2019 Q4||47,478||50,854||Mil. Ch. 2000 RON, NSA||Quarterly|
|Real Net Exports||2019 Q4||-19,518||-23,894||Mil. Ch. 2000 RON, NSA||Quarterly|
From September 2014 onwards, data sets concerning external statistics will be compiled and published according to the new international standards in statistics presented in the IMF’s Balance of Payments and International Investment Position Manual (sixth edition, BPM6) that replaces the previous version of the Manual (fifth edition, BPM5). Further details regarding the main methodological changes and data comparison are available in the Implementing the new Balance of Payments Manual (BPM6) (link to ECB website).
The international methodological standard on balance of payments compilation is ensured by the IMF’s sixth edition of the Balance of Payments and International Investment Position Manual (BPM6). In order to ensure consistence between international macroeconomic statistics, the BPM6 was prepared in line with the revised OECD Benchmark Definition of Foreign Direct Investment (2008 Benchmark Definition) and the System of National Accounts (2008 SNA).
The balance of payments summarizes economic and financial transactions between residents and non-residents of Romania with the rest of the world during a specific time period. It consists of the goods and services account, the primary income account, transfers without a quid pro quo (donations, grants and the like), as well as financial claims and obligations. Its main items are the current account, the capital account, and the financial account.
(i) sample-based or comprehensive direct statistical surveys;
(ii) data collected indirectly, via credit institutions in virtue of Regulation No. 31/2011 on reporting statistical data and information to the National Bank of Romania through Foreign Exchange Payment Orders for customer transactions in an amount equal to or higher than EUR 50,000, or the equivalent thereof, at value date;
(iii) administrative sources.
Data is subject to revisions on a monthly basis.