- 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%.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
