Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Bucharest leads the top contribution of administrative-territorial units...

Bucharest leads the top contribution of administrative-territorial units to Romania's trade

November 22, 2023

The companies with registered office in Bucharest exported, in the first five months of this year, goods worth 8.1 billion euro, representing 20.35% of Romania’s export, surpassing by 13.5% the value made during the similar period of 2022, superior to the increase of Romanian export during the respective period (7.5%) according to a press release of the Chamber of Commerce and Industry of Bucharest (CCIB). CCIB mentions as source of the most statistic data announced by the Romanian Agency for Investments and Foreign Commerce (ARICE) regarding the evolution of the commercial exchanges of Romania per counties, on 30th May 2023.As compared to the similar period of 2022, the share of Bucharest in Romania’s export grew on 30th May by a percentage point, worth one billion euro.Bucharest, which surpasses the fifth part of Romania’s export was followed in the top by the counties : Timis with 10.09%, Arges - 7,79%, Bra?ov - 5,13%, Arad - 4,33%, Ilfov - 4,23%, Dolj - 3,61%, Alba - 3,57%, Sibiu - 3,47%, Prahova - 3,13%, Bihor - 3,04%, Cluj - 2,82%, Olt - 2,47%, Constan?a - 2,41% and Maramure? 2,01%. The share of these 15 counties in Romania’s export was 78.45% while the rest of 27 were worth only 21.55% (nine counties with shares between 1.81% and 1.05%, the rest of 18 having between 0.85% and 0.06%).The main groups of goods exported by the companies with registered office in Bucharest were: machinery and apparatus, electrical equipment and parts(25%), products of the plant kingdom (19.9%), mineral products (14.2%), products of the chemical industry (6.9%), foodstuffs, beverages, spirits and vinegar, tobacco and manufactured tobacco substitutes (5.8%), base metals and articles (5%), vehicles and auxiliary transport equipment (4%), instruments and optical appliances (3.1%), textiles (2.5%), footwear, hats, umbrellas (1.8%) these ten groups accounting for 88.2% of exports by companies in Bucharest.On the import side, companies with registered offices in Bucharest registered a value of 16.1 billion euros, accounting for 31.81% of Romania's imports between 1 January and 30 May 2023, representing an increase of 5.1% compared to the first 5 months of 2022. Bucharest, which accounts for almost a third of total imports, was followed in this top at a great distance by the counties of Ilfov - 9.60%, Timi? - 7.02%, Arge? - 4.36%, Cluj - 3.69%, Prahova - 3.56%, Bra?ov - 3.49%, Constan?a - 3.44%, Arad - 2.88%, Bihor - 2.61%, Alba - 2.55%, Sibiu - 2.33%, Dolj - 2.22% and Mure? - 2.05%. The share of these 14 counties in Romania's imports was 81.61%, while the remaining 28 counties accounted for 18.39% (6 counties between 1.38% and 1.02% and the remaining 22 counties with shares between 0.98% and 0.08%). In terms of the structure of the goods imported by the companies with head office in Bucharest, the main groups that are found in the statistics for the period under analysis were: machinery and apparatus, electrical equipment and parts (24%), chemical industry products (17.5%), food products, beverages, alcoholic liquids and vinegar, tobacco (7.8%), mineral products (7.7%), vehicles, aircraft, vessels and transport equipment (7.3%), base metals and articles (6.4%), textiles (5.5%), these 7 product groups held a 76.2% share of imports by Bucharest firms.   "As a conclusion to the above data, it results that Bucharest firms carried out in the first 5 months of 2023, international trade operations worth 24.2 billion euros, representing 26.8% of our country's foreign trade. Timis County ranked second with a share of 8.4% and Ilfov County third with 7.2%," the CCIB says.  

Read in full - click here
EuPlătesc.ro integrates Visa Click to Pay – a solution that can boost retailers' online sales by up to 30%

EuPlătesc.ro, one of Romania’s leading payment processors, has added Visa’s Click to Pay solution to its portfolio, offering retailers a modern, secure, and efficient online payment method. According to Visa estimates, this solution has the potential to increase online revenue for European retailers by up to 30%. Through this integration, EuPlătesc strengthens its mission to […]

ASSIST Software & University of Suceava lead Romania’s AI Push for Digital Accessibility

In a decisive step toward digital inclusion and in alignment with the European Accessibility Act, ASSIST Software and Ștefan cel Mare University of Suceava (USV) have officially launched A(I)BILITIES, a groundbreaking AI project designed to create adaptive, personalized user experiences for people with disabilities. The initiative is powered by generative AI technologies and aims to […]

Romanian environment minister announces “salvaged” RON 200 mln scrappage scheme for cars

Diana Buzoianu, Romania’s new environment minister, announced on Wednesday, July 16, that “Rabla,” the government-sponsored scrappage scheme aiming to replace older, polluting cars with newer models, will be resumed with a RON 200 million budget.  The minister made the announcement on her Facebook page, highlighting the budgetary difficulties facing the Romanian executive at the moment.  […]

Survey: Nearly 90% of Romanians are proud of their country, only half believe it offers a future for their children

Around 88% of Romanians declare they love their country and are proud of it, but only half believe it offers a good future for their children and future generations, according to an INSCOP Research survey. Around 75% of Romanians completely agree with the statement “I love Romania and I am proud of my country,” while […]

Romania’s Maramureș Airport applies for funding to build solar power facility

Maramureș International Airport in northern Romania has submitted a funding request for the implementation of a renewable energy project aimed at constructing a 2.5 MW photovoltaic park and an integrated battery storage system. The application was officially filed on July 14, according to the official announcement. The investment will cover the airport’s full electricity needs […]

Romania among countries projected to see sharp GDP, labor productivity decline due to heat

Romania will face some of the most severe economic consequences of heatwaves in Europe, with projected losses expected to exceed -2.5% of GDP by 2055–2064 due to lowered labor productivity, according to research published in Nature Communications and quoted by Euronews.  ...