The volume of trade between Romania and Germany in the first half of 2021 reached 16.4 billion euros, up 20.5% from the same period in 2020, according to a statement from the Romanian-German Chamber of Commerce (AHK Romania) released on Wednesday.According to the latest data provided by the Federal Bureau of Statistics (Destatis), the volume of trade between Germany and Romania recovered significantly in the first half of 2021, as against the same period in 2020.German exports to Romania amounted to 9 billion euros, up more than 24% from the previous year, while imports from Romania to Germany rose to 7.4 billion euros (+17.2%).With a volume of trade of 16.4 billion euros (+20.5%) in the first six months of the year, Romania ranks 20th in the top of Germany's trading partners in the mentioned interval."That is a clear sign of recovery, given that the half-yearly figures reached pre-crisis levels. If we look at the dynamics of bilateral trade and the positive atmosphere regarding business in German companies operating in Romania, we expect - by the end of 2021 - the figures to increase even above the level of 2019 (about 32 billion euros)," according to Sebastian Metz, general manager and member on the Board of Directors of AHK Romania.AHK Romania is the official representative of the German economy and also the largest bilateral chamber of commerce in Romania.Established in 2002, AHK has over 550 member firms and provides companies with an important platform for networking, information and experience exchange.
Romania added 2.5 GW this year to its total solar power capacity, 45% more than last year and roughly one third of the total capacity expected at the end of the year (7.6 GW), according to Economica.net, citing data from the latest report by Solar Power Europe, the European photovoltaic industry association. The performance, combined […]
The volume of net investments in Romania’s economy rose by 8.8% y/y in Q3 in comparable prices, accelerating from a sluggish +1.0% y/y rate in H1, according to data published by the statistics office INS. The rebound points to stronger capital formation after a weak start to 2025. Indeed, gross fixed capital formation rebounded to […]
The average net wage in Romania rose by 4.3% y/y in October, but this turned into a 5.0% y/y contraction in real terms due to the high inflation (9.76% y/y) since August, according to data published by the statistics office INS. The real wages posted an annual contraction of around 5% y/y for the third […]
Romania’s foreign trade gap (goods) shrank by 19% y/y in October 2025, as the exports performed better than imports for the sixth month in a row: it increased by 5.1% y/y to EUR 8.87 billion, while the imports contracted by 2.4% y/y to EUR 11.88 billion, according to data published by the statistics office INS. […]
Over 10,000 people demonstrated on the evening of December 14 in Bucharest and several other cities across Romania, demanding changes to the justice laws, to ensure the independence of the system and limit the possibility of abuses. It was the fifth day of demonstrations triggered by the Recorder documentary titled "Captured judiciary," which revealed the […]
Romanian president Nicușor Dan is in Finland on Monday and Tuesday, December 15-16, where he is scheduled to take part in the EU Eastern Flank Summit and hold a series of official meetings with representatives of the Finnish government and the defense industry. According to the public agenda, on Monday, the president is set to […]
