Romania's exports to the U.S. in 2024 exceeded EUR 2.283 billion, as the country's U.S. imports stood at EUR 1.315 billion, which gave a trade surplus of EUR 968 million favouring Romania, according to data with Romania's National Institute of Statistics..High values of Romanian exports to the U.S. were recorded in following products: semi-finished products of iron or non-alloy steels - EUR 217.865 million; boards, panels, consoles, desks, cabinets, etc. - EUR 169.915 million; radar apparatus - EUR 104.171 million; seamless tubes, pipes and hollow profiles - EUR 77.139 million; ball bearings, roller bearings or needle bearings - EUR 75.978 million; electric motors and generators - EUR 72.758 million; ropes, cables and cordage - EUR 50.038 million; other alloy steel in ingots or other primary forms - EUR 47.37 million; pumps for liquids, whether or not fitted with a measuring device - EUR 42.847 million.As far as the U.S. imports are concerned, important values were recorded for: military weapons, other than revolvers, pistols - EUR103.687 million; bombs, grenades, torpedoes, mines, missiles, cartridges - EUR 29.969 million; parts and accessories for military weapons, revolvers and pistols, other firearms and devices using explosive charges, other weapons - EUR 14.909 million; other aircraft (helicopters, airplanes) - EUR 95.984 million; transmission apparatus for radio-broadcasting or television - EUR 68.398 million; petroleum oils/bituminous minerals - EUR 68.570 million; turbojets, turbopropellers and other gas turbines - EUR 58.901 million; flat-rolled products of stainless steels - about EUR 31 million; petroleum gases and other gaseous hydrocarbons - EUR 25.757 million.U.S. President Donald Trump announced on Wednesday that he will levy 20% tariffs on imports from the European Union (EU) as part of his trade war with countries around the world, according to the Spanish news agency EFE."You think of European Union [as] very friendly: they rip us off. It's so sad to say. It's so pathetic: 39% [they charge the U.S.]; we're gonna charge them 20%," Trump told an event at the White House.
A total of 41.7% of Romanians consider the possibility of Romania being involved in a war as their primary concern, according to a survey conducted by INSCOP Research between May 26 and 30. The figure is nearly three times higher than the next most frequently cited concerns - healthcare and rising prices (around 15% each) […]
Following the publication of the detailed Q1 GDP figures (+0.3% y/y), ING Bank Romania revised its 2025 GDP growth forecast for Romania to 0.8% from 1.2% on June 6, reflecting weak momentum and growing downside risks. The bank maintains its 2026 estimate at 2.2%. The publication of Romania's detailed GDP data for the first quarter […]
Romania’s Court of Accounts has identified significant deficiencies in the operations of the National Agency for Fiscal Administration (ANAF) during 2023, according to findings from a compliance audit quoted by Ziarul Financiar on June 6. The audit report highlighted problems across several critical areas,...
The technical committee formed by the political parties “that could form the future governing coalition” in Romania continues negotiations after one week, presidential advisor Radu Burnete announced on June 9 in a Facebook post – at the time when the parties were supposed to announce a first draft of the agreement. The delay and the […]
A powerful storm swept through Bucharest on Monday afternoon, June 9, prompting a large-scale emergency response as torrential rain overwhelmed the city’s infrastructure. Several streets and boulevards were flooded, with images shared on social media showing water entering buses and several cars left stranded in flooded roadways. The National Meteorological Administration (ANM) issued successive orange […]
Due to the Pentecost holidays, we will resume our activity tomorrow, 10 06 2025
