In the period 1.I?31.X 2015, exports and imports increased by 4.3% and by 7.1%, respectively, compared to the period 1.I?31.X 2014 In the period 1.I?31.X 2015 FOB exports amounted to 45905.2 million euro and CIF imports amounted to 52313.5 million euro. In the period 1.I?31.X 2015, the FOB?CIF commercial deficit was of 6408.3 million euro, 1538.0 million euro more than in the period 1.I?31.X 2014. In October 2015, FOB exports were of 4990.9 million euro and CIF imports were of 5870.0 million euro, a commercial deficit of 879.1 million euro being registered. The trade deficit (FOB/CIF) went up during the first ten months of the year by 1.5 billion euros year-on-year and stands at 6.4 billion euros, data published on Thursday by the National Institute of Statistics (INS) reveals. "Year-on-year, between January 1- October 31, exports and imports went up by 4.3pct, respectively 7.1pct," the INS statement informs. During the first ten months of 2015, FOB exports totalled 45.9 billion euros and CIF imports totalled 52.3 billion euros. Machinery and transport equipment (44.2pct on exports and 36.9pct on imports) as well as other manufacturing products (32.9pct on exports and 31.3pct on imports) make up an important share in the structure of imports and exports in the first ten months of the year. "Between January 1 and October 31, 2015 the value of intra-community assets trade (Intra-UE28) was 33.9 billion euros on shipments and 40.26 billion euros on arrivals, representing 73.8pct of total exports and 77pct of total imports," INS informs. The value of extra-community assets trade (Extra-UE28) was approximately 12 billion euros both on exports and on imports, representing 26.2pct of total exports and 23pct of total imports. In October, compared to September, exports went up by 1.5pct and stood at 5 billion euros and imports increased by 3.8pct to 5.9 billion euros, resulting in a 879.1 million euros deficit, the INS statement reads.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
