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.
Two new investment funds active in Romania, Sparking Capital II and PCP SEE II, will receive allocations worth EUR 30 million under the National Recovery and Resilience Plan, or PNRR, after an approval from the Romanian executive and the European Investment Bank. The allocations are mediated by the European Investment Fund, a European financial institution, […]
The net revenues collected by Romania’s tax agency ANAF for the state budget increased by 12.2% in the first six months of 2025 compared to the same period last year, reaching RON 245.2 billion (EUR 49 billion), said outgoing ANAF president Nicoleta-Mioara Cîrciumaru. Nevertheless, the net revenues collected by ANAF are RON 3.8 billion (EUR […]
Romanians continue to place the most trust in the Army and the Church, while Parliament remains the least trusted institution, according to the second edition of the Informat.ro – INSCOP Research Barometer conducted between June 20–26. The monthly survey was commissioned by the news platform Informat.ro in partnership with the Strategic Thinking Group think tank. […]
Romania’s National Meteorological Administration, or ANM, issued on Thursday, July 3, an Orange Code warning for heatwave and heightened thermal discomfort, valid Friday and Saturday, July 4-5, in more than half the country, including Bucharest. The parts of Romania not covered by the Orange Code warning are under a Yellow Code for extremely hot weather. […]
Best Credit IFN announces the strategic partnership with the European crowdfunding platform Bondster, becoming the first Romanian non-banking financial institution (NBFI) to attract international capital through this platform. This initial round of financing marks a milestone in the company’s strategy to diversify its capital sources and rapidly scale its lending capacity in a dynamic market […]
Another 93 searches were carried out at public institutions and private residences on Thursday, July 3, in the case of illegally-obtained Romanian identity documents for citizens of former USSR countries. Earlier this week, Romanian police completed 206 searches in the same case. Prosecutors claim that between 2023–2024, over 1,700 individuals born in the Russian Federation, […]
