- In the period 1.I-31.VII 2021, the FOB exports amounted to 42511.3 million euro and the CIF imports amounted to 55375.7 million euro. - In the period 1.I-31.VII 2021, the exports increased by 24.5% and the imports increased by 25.4%, compared to the period 1.I-31.VII 2020. - In the period 1.I-31.VII 2021, the FOB-CIF commercial deficit was of 12864.4 million euro, 2858.3 million euro more than in the period 1.I-31.VII 2020. - In July 2021, the FOB exports amounted to 6361.5 million euro and the CIF imports amounted to 8547.1 million euro, a commercial deficit of 2185.6 million euro being registered. - Compared to July 2020, the exports increased by 14.6% and the imports increased by 24.3% in July 2021. Romania's FOB/CIF seven-month trade balance deficit widened to 12.864 billion euros, by 2.858 million euros more from the year-ago period, as imports advanced 25.4 percent and exports 24.8 percent, according to data released on Thursday by the National Institute of Statistics (INS).January - July FOB exports totaled 42.511 billion euros, and CIF imports stood at 55.376 billion euros.In July 2021, FOB exports amounted to 6.361 billion euros, and CIF imports stood at 8.547 billion euros, resulting in a trade deficit of 2.186 billion euros. Compared to July 2020, exports were up 14.6 percent and imports were 24.3 percent higher.The product groups with a significant share of the country's trade in the reporting period were machines and transport equipment (47.5 percent for exports and 36.4 percent for imports) and other manufactured products (30.5 percent for exports and 30.2 percent for imports, respectively).The value of intra-Community (intra-EU27) trade exchanges over January 1 - July 31 2021 was 31.347 billion euros on the outbound and 40.424 billion euros on the inbound, representing 73.7 percent of total exports, and 73.0 percent of aggregate imports, respectively.The amount of extra-Community exchanges of goods over the fist seven months of 2021 was 11.164 billion euros for exports and 14.952 billion euros for imports, representing 26.3 percent of total exports and 27 percent of total imports.
Romania will double its gas production and bring EUR 20 billion into the national economy thanks to the Neptun Deep project in the Black Sea, according to energy minister Sebastian Burduja. The statements were made on Thursday, March 27, during a government meeting. The minister noted that the Neptun Deep project will make use of […]
The government adopted on Thursday, March 27, an Emergency Ordinance allowing Romanian citizens who reside in an EU member state to obtain electronic identity cards that also serve as travel documents. Government spokesman Mihai Constantin stated that the measure guarantees the right to free movement and residence within the European Union. "For citizens who can […]
Untold, the globally recognized festival born in Romania, is set to return for a second edition in Dubai from November 6-9, at a larger venue, Dubai Parks and Resorts. The event promises an even bigger and better experience, showcasing a diverse lineup of musical genres and visual productions. “We were motivated by the joy and […]
Ten years ago, filmmaker Șerban Georgescu bought 250 kg of cabbage for 10 euros (his mother needed all for pickling!) and so he made an experiment: he added a new profession to his résumé and went to plant potatoes and cabbage for one year and see if there was a way to make more than […]
The Romanian Cycling Federation, or FRC, announced the dates and route of the 2025 edition of the celebrated Tour of Romania during an event at the Bucharest Chamber of Commerce and Industry on Thursday, March 27. The event will involve 26 teams in total. The 860-kilometer race will start on September 10 in Craiova, and the […]
The General Council of Bucharest approved on Thursday, March 27, a decision allowing pets, including dogs and cats of all sizes and breeds, to enter the headquarters of the City Hall and local institutions of public interest. However, pets will still be prohibited in hospitals, museums, theaters, and the Zoo, Agerpres...
