- In October 2021, the FOB exports amounted to 6547.5 million euro and the CIF imports amounted to 9013.3 million euro, a commercial deficit of 2465.8 million euro being registered. - Compared to October 2020, the exports increased by 4.6% and the imports increased by 11.8% in October 2021. - In the period 1.I-31.X 2021, the FOB exports amounted to 61079.4 million euro and the CIF imports amounted to 80288.5 million euro. - In the period 1.I-31.X 2021, the exports increased by 19.6% and the imports increased by 21.8%, compared to the period 1.I-31.X 2020. - In the period 1.I-31.X 2021, the FOB-CIF commercial deficit was of 19209.1 million euro, 4349.5 million euro more than in the period 1.I-31.X 2020. Romania's trade balance deficit (FOB / CIF) amounted to 19.209 billion euros in the first 10 months of the year, up by 4.349 billion euros compared to the same period in 2020, show data from the National Institute of Statistics (INS), published on Friday.According to the INS, in October 2021, FOB exports amounted to 6.547 billion euros, and CIF imports amounted to 9.013 billion euros, resulting in a deficit of 2.465 billion euros.Compared to October 2020, exports in October 2021 increased by 4.6% and imports by 11.8%.Between 1 January and 31 October 2021, FOB exports amounted to 61.079 billion euros and CIF imports amounted to 80.288 billion euros. Between 1 January and 31 October 2021, exports increased by 19.6% and imports increased by 21.8% compared to the same period in 2020.According to the INS, between January 1 and October 31, 2021, important shares in the structure of exports and imports are held by product groups: transport machinery and equipment (45.2% for export and 35.5% for import) and other manufactured products (30.7% for exports and 30.3% for imports).The value of intra-EU trade in goods between January 1 and October 31, 2021 was 44.347 billion euros in shipments and 58.333 billion euros in introductions, representing 72.6% of total exports and 72.7% of total imports.The value of non-EU27 trade in goods between 1 January and 31 October 2021 was 16.731 billion euros in exports and 21.954 billion euros in imports, accounting for 27.4% of total exports and 27.3% of total imports.
Most of the excavation for the first tunnel built on a highway in Romania has been completed, and traffic could potentially be opened by the end of this year between Tigveni and Bucharest, a section of the Sibiu-Pitești highway. Romanian state officials noted construction work at Section 4 (Tigveni - Curtea de Argeș) of the […]
The European Bank for Reconstruction and Development, or EBRD, invested EUR 707 million in 44 projects in Romania in 2024 to support the country’s green transition, a sharp increase compared to the previous year, when it invested EUR 658 million spread over 23 projects. EBRD cooperates with private corporations, equity funds, banks, as well as local […]
The Metropolitan Library of Bucharest, through its Dimitrie Cantemir Branch, announced a cultural premiere for Romania: the opening of the first corner dedicated to Nepali literature. The official opening is scheduled for February 1. "This is an important moment that reminds us that libraries are spaces for learning and for understanding cultural exchanges. Through this […]
Simtel Team, a Romanian engineering and technology group listed on the Main Market of the Bucharest Stock Exchange under the ticker SMTL, announced the opening of a new subsidiary in Essen, Germany. The company, one of the leaders in renewable energy in Romania, has been expanding internationally in recent years. The process began with the […]
A Greenpeace activist flew a powered paraglider near the Transocean Barents platform in Constanța on Wednesday, January 15, displaying a banner reading 'Stop Fossil Gas' in protest of OMV Petrom's Neptun Deep gas drilling project in the Black Sea. The platform, set to become Europe's largest fossil gas extraction site, is undergoing final preparations before […]
Romania has dropped ten positions in the 2025 ranking conducted by the defense-focused publication Global Firepower, which compiles a list of the world's most powerful armies based on various indicators every year. In 2024, Romania was ranked 41st in the list of 145 countries, while now it is ranked 51st, with a power ranking of […]
