The trade deficit (FOB/CIF) in the first seven months of this year stood at 15.604 billion euros, 3.201 billion euros lower, or 17.0%, than that recorded in the period January 1 - July 31, 2022, according to information the National Institute of Statistics (INS) released on Monday.Thus, in the period January 1 - July 31, 2023, exports increased 4.6% and imports decreased 1.1% compared to the same period last year.In the first seven months of the year, important shares in the structure of exports and imports are held by the product groups: machinery and transport equipment (44.8% for exports and 36.3% for imports) and other manufactured products (30.3% for exports and 29.2% for imports).In the first seven months of 2023, FOB exports totalled 55.085 billion euros and CIF imports 70.689 billion euros.In July 2023, FOB exports amounted to 7.656 billion euros and CIF imports to 9.938 billion euros, resulting in a deficit of 2.282 billion euros.Compared to July 2022, July 2023 exports decreased 3.0% and imports dropped 11.5%.The value of intra-EU27 trade in goods at seven months 2023 was 40.105 billion euros in dispatches and 52.007 billion euros in arrivals, representing 72.8% of total exports and 73.6% of total imports.The value of extra-EU27 trade in goods between January 1 and July 31, 2023, accounted for 14.981 billion euros in exports and 18.683 billion eurso in imports, representing 27.2% of total exports and 26.4% of total imports.
FIRST, a new Romanian-developed digital real estate platform, launched on the local market with a technology-driven system that, the company says, is designed to help users make faster, more informed property decisions. Available as of this autumn, the platform uses updated data, advanced search filters, and lifestyle-based presentation tools to give buyers and renters clearer […]
Cargus, the first courier company on the Romanian market, is expanding its Ship & Go out-of-home delivery network through a new partnership with Carrefour, adding nearly 450 pick-up and drop-off points inside the retailer’s stores. More than 150 Carrefour hypermarkets, supermarkets, and Express locations will join the network by the end of this year, with […]
Romania’s national railway operator, CFR Călători, will introduce its new 2025–2026 timetable on December 14, adding direct Budapest–Bucharest services and restoring the Vienna Westbahnhof connection as part of a broader update to international and domestic rail operations. The new schedule, valid until December 12, 2026, includes more than 1,150 daily trains. ...
The average price per square meter requested by real estate developers and owners for residential units in Romania increased by 15% in 2025, with the highest rise seen in Craiova, according to a survey conducted by Imobiliare.ro, as reported by Profit.ro. ...
Authorities in Prahova County announced on Monday the full resumption of water supply in all 13 towns and communes that had been left without drinking water for more than a week due to problems at the Paltinu Dam, Bursa.ro reported. Residents, however, have been warned that the water is not yet safe for consumption...
Chances are slim for the Social Democratic Party (PSD) to pull out of the ruling coalition this year, maybe only if something extraordinary happens, according to a leading member of the party consulted by Hotnews.ro. The party is again exploring options after its...
