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But the country's healthy trade surpluses are due more to collapsing imports, especially of capital goods, than to booming exports.
But this was driven by collapsing imports, which fell by a huge 58% from their level of a year ago, rather than by rising exports.
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Some army officers have been muttering publicly that the country needs a dose of military discipline.If Romania were to default, the currency could collapse, imports would plummet, growth would slump even faster, and an already impoverished people would see their standard of living dive still further.
Z-stacks confocal images ∼0.5 μm apart, ∼5 μm deep and with same laser power between wild-type and mutant mice were captured with a Nikon C1-laser scanning confocal/Nikon Eclipse 90i microscope controlled by the EZ-C1 v3.10 software (Nikon, Melville, NY, USA), collapsed, imported to and cropped in Adobe Photoshop CS3.
Newspaper columnists wring their hands about surging Chinese imports, the collapsing trade surplus and the "hollowing out" of Japanese manufacturing as the country's blue chips flee abroad.
Mexico fell into a deep recession in 2009 when American demand for Mexican-made imports collapsed.
Although February saw a trade surplus (of $219m), the first since June, that was because imports collapsed; exports (down 12% on a year ago) are being hindered by lack of credit.
One explanation for the surprise pick up in Greek growth over the second quarter was that imports collapsed - thus boosting the country's net export numbers - as the government of Alexis Tsipras became embroiled in long talks with creditors.
In January, when exports were down 17.5%, imports collapsed, dropping 43.1%.
Even in countries where the private sector was reasonably developed, it could not thrive in an environment of vastly heightened import competition and collapsing public investments in infrastructure, education and skills.
The collapse in imports is helping balance the books.
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CEO of Professional Science Editing for Scientists @ prosciediting.com