- In March 2022, the FOB exports amounted to 8226.2 million euro and the CIF imports amounted to 10797.7 million euro, a commercial deficit of 2571.5 million euro being registered. - Compared to March 2021, the exports increased by 26.0% and the imports increased by 22.9% in March 2022. - In the period 1.I-31.III 2022, the FOB exports amounted to 22035.3 million euro and the CIF imports amounted to 29203.7 million euro. - In the period 1.I-31.III 2022, the exports increased by 24.4% and the imports increased by 26.7%, compared to the period 1.I-31.III 2021. - In the period 1.I-31.III 2022, the FOB-CIF commercial deficit was of 7168.4 million euro, 1830.5 million euro more than in the period 1.I-31.III 2021. The trade deficit between January 1 and March 31, 2022 was 7.168 billion euros, by 1.830 billion euros higher than in the same period of last year, according to the National Institute of Statistics (INS).During the analyzed period, the exports were worth 22.035 billion euros, being higher by 24.4%. At the same time, imports amounted to 29.203 billion euros, up 26.7%.Romanians imported cars and transport equipment the most, worth 9.554 billion euros, by 11.5% more than last year.The largest exports were also in the category of transport machinery and equipment (9.463 billion euros, up 7.8%).As of March 2022, exports amounted to 8.226 billion euros and imports to 10.797 billion euros, resulting in a deficit of 2.571 billion euros.Compared to March 2021, exports in March 2022 increased by 26.0% and imports were higher by 22.9%.
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
