- In the period 1.I-31.VII 2021, the FOB exports amounted to 42511.3 million euro and the CIF imports amounted to 55375.7 million euro. - In the period 1.I-31.VII 2021, the exports increased by 24.5% and the imports increased by 25.4%, compared to the period 1.I-31.VII 2020. - In the period 1.I-31.VII 2021, the FOB-CIF commercial deficit was of 12864.4 million euro, 2858.3 million euro more than in the period 1.I-31.VII 2020. - In July 2021, the FOB exports amounted to 6361.5 million euro and the CIF imports amounted to 8547.1 million euro, a commercial deficit of 2185.6 million euro being registered. - Compared to July 2020, the exports increased by 14.6% and the imports increased by 24.3% in July 2021. Romania's FOB/CIF seven-month trade balance deficit widened to 12.864 billion euros, by 2.858 million euros more from the year-ago period, as imports advanced 25.4 percent and exports 24.8 percent, according to data released on Thursday by the National Institute of Statistics (INS).January - July FOB exports totaled 42.511 billion euros, and CIF imports stood at 55.376 billion euros.In July 2021, FOB exports amounted to 6.361 billion euros, and CIF imports stood at 8.547 billion euros, resulting in a trade deficit of 2.186 billion euros. Compared to July 2020, exports were up 14.6 percent and imports were 24.3 percent higher.The product groups with a significant share of the country's trade in the reporting period were machines and transport equipment (47.5 percent for exports and 36.4 percent for imports) and other manufactured products (30.5 percent for exports and 30.2 percent for imports, respectively).The value of intra-Community (intra-EU27) trade exchanges over January 1 - July 31 2021 was 31.347 billion euros on the outbound and 40.424 billion euros on the inbound, representing 73.7 percent of total exports, and 73.0 percent of aggregate imports, respectively.The amount of extra-Community exchanges of goods over the fist seven months of 2021 was 11.164 billion euros for exports and 14.952 billion euros for imports, representing 26.3 percent of total exports and 27 percent of total imports.
Romania has signed a major contract with France for the acquisition of Mistral portable short-range air defense missile systems. The agreement was concluded on Tuesday, November 25, between Romania’s Ministry of National Defense and France’s Ministry of the Armed Forces and Veterans, through their respective General Directorates for Armaments. The acquisition is valued at EUR […]
The European Parliament called on November 26 for EU-wide rules to strengthen the protection of minors online, recommending a minimum age of sixteen for accessing social networks, video-sharing platforms, and AI chatbots, according to a statement from the institution,
The government of Romania will be empowered to establish, ex officio or upon request, by Government Decision, an extended surveillance regime over local companies strongly affected by economic sanctions imposed by other states, according to the legislative project prepared by the government, given that the situation of the assets held by the Russian giant Lukoil […]
The European Commission (EC) will reportedly give Romania four more months to appoint permanent management under competitive procedures at 48 state-owned enterprises (SOEs) in the energy sector, after the Romanian government agreed to double the fine paid by the country and the penalties charged to those responsible (ministers) if the milestone set under the Resilience […]
The Romanian banks boasted in 2025 virtually the same record aggregated net profit as in 2024, namely RON 11.6 billion (EUR 2.3 billion, -0.6% y/y) in January-September and RON 6.2 billion (EUR 828 million, -0.3% y/y) in Q3 alone, according to data published by the National Bank of Romania. The non-performing loan (NPL) ratio has […]
The Romanian Parliament approved the National Defense Strategy on Wednesday, November 26, with 314 votes in favor, 43 against, and three abstentions, following a joint session attended by president Nicușor Dan. The document will guide national security policy for the 2025-2030 period. During the parliamentary debate, Ana Maria Gavrilă, leader of the opposition party POT, […]
