- In the period 1.I-31.VIII 2021, the FOB exports amounted to 48184.7 million euro and the CIF imports amounted to 62787.0 million euro. - In the period 1.I-31.VIII 2021, the exports increased by 24.4% and the imports increased by 24.9%, compared to the period 1.I-31.VIII 2020. - In the period 1.I-31.VIII 2021, the FOB-CIF commercial deficit was of 14602.3 million euro, 3087.7 million euro more than in the period 1.I-31.VIII 2020. - In August 2021, the FOB exports amounted to 5672.0 million euro and the CIF imports amounted to 7401.3 million euro, a commercial deficit of 1729.3 million euro being registered. - Compared to August 2020, the exports increased by 23.3% and the imports increased by 21.1% in August 2021. Romania's trade balance deficit (FOB / CIF) amounted to 14.602 billion euros in the first eight months of the year, up 3.087 billion euros from the same period last year, show the data of the National Institute of Statistics (INS), published on Monday.According to official statistics, between January 1 and August 31, 2021, FOB exports amounted to 48.184 billion euros, while the amount of CIF imports was 62.777 billion euros.In this context, Romania's exports increased by 24.4%, and imports by 24.9%, compared to the reference period analyzed by INS.Important shares in the structure of exports and imports are held by the product groups: transport machinery and equipment (46.7% for export and 36% for import) and other manufactured products (30.5% for export and 30.1% for import).The value of intra-EU trade in goods, between January and August 2021, was 35.134 billion euros for shipments and 45.694 billion euros for introductions, the equivalent of 72.9% of total exports and 72.8% of exports. total imports.Also, the value of extra-EU27 trade in goods was, in the mentioned interval, of 13.050 billion euros for exports, respectively 17.092 billion euros for imports, representing 27.1% of total exports and 27.2% of total imports.At the level of August this year, FOB exports amounted to 5.672 billion euros, and CIF imports 7.401 billion euros, resulting in a deficit of 1.729 billion euros. At the same time, compared to August 2020, exports in August 2021 increased by 23.3%, while imports increased by 21.1%.
The international transport and logistics company Gebrüder Weiss recently inaugurated a new hub in the southeast of Bucharest, consolidating its position in the Romanian market. The new terminal, located in Popești-Leordeni, became operational after a EUR 20 million investment, and will eventually lead to the creation of 90 jobs. "The new location complements the already […]
Raiffeisen Bank Romania has finalized the selection process for MoonShotX - a unique project on the local market, supporting companies with a turnover between 5 million and 50 million euro (Mid-Corporate) to expand their business internationally. After a selection period of 3 months, 22 companies were selected out of a total of more than 760 […]
Writer and translator Corina Oproae has won this year’s Premio Tusquets Editores de Novela for the novel La casa limón, set against the background of the Ceaușescu regime. Oproae, who was born in Făgăraș, has been living in Spain since 1998. She has published the poetry books Mil y una muerte, Intermitencias,...
NN Group, active locally in the private pension and insurance segments, and impact venture fund Rubio Impact Ventures have launched the NN Social Innovation Startup Awards competition, which aims to boost early-stage tech startups working to create a positive impact. The competition takes place in ten countries in Europe, including Romania, and in Japan. The […]
Dubai, a city noted for its abundant way of life and tall towers, also offers a wide variety of affordable living choices appealing to investors worldwide, including Romania. Dubai offers an appealing prospect with its strategic position, strong economy, and friendly investment environment for those wishing to make economical real estate investments. Whether you are […]
The Apprentice, director Ali Abbasi's new movie in which Romanian-born actor Sebastian Stan plays a young version of Donald Trump, will arrive in cinemas in Romania on October 18, one week after the US release date, according to Paginademedia.ro. The feature was selected in the main competition at Cannes this year. The...
