- 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.
President Nicușor Dan stated on Monday, November 10, that Romania meets all the conditions to become an innovation and production hub in the defense industry in Southeast Europe. “Romania meets all the conditions to become an innovation and production hub in the defense industry in Southeast Europe. Why? First of all, because it has a […]
Officials in the mountain resort town of Râșnov, central Romania, have issued an urban planning certificate for the transformation of a Boeing 737 airplane into a premium accommodation unit. The plane will be placed near the famous Bran Castle, and organizers expect it to become a tourist attraction. “The project is located in the Pănicel […]
Traffic (Jaful Secolului), a Romania-Belgium-Netherlands co-production directed by Belgian-Romanian director Teodora Ana Mihai from a screenplay by Romanian filmmaker Cristian Mungiu, has received the award for best film at the Tertio Millennio International Film Festival in Rome. The jury of the festival noted in its motivation the film's "ability to combine formal rigor and human […]
The Romanian Justice Ministry advanced a legislative initiative according to which femicide could be punished with life imprisonment. The proposal comes after numerous women were killed this year by former partners, despite protection orders. The debate about femicide in Romania was brought back to the fore after another tragedy took place on Saturday, November 9, […]
Cultural center Apollo111, located in downtown Bucharest’s Universul Palace, has announced the program of arthouse films Apollo111 Cinema. The performance venue of Apollo 111 has been refurbished and endowed for professional film screenings. It will run a weekly program of contemporary and classic auteur films, meetings with filmmakers, and an experimental area, meant to “explore […]
Chinese consumer electronics manufacturer Xiaomi announced the official opening of its first own store in Romania, in Bucharest, inside the ParkLake shopping center, on the ground floor, on November 22. The new store will have a surface area of 150 square meters and will bring to the public the latest smartphones, accessories, and smart devices […]
