- In February 2022, the FOB exports amounted to 7049.3 million euro and the CIF imports amounted to 9508.8 million euro, a commercial deficit of 2459.5 million euro being registered. - Compared to February 2021, the exports increased by 21.9% and the imports increased by 23.8% in February 2022. - In the period 1.I-28.II 2022, the FOB exports amounted to 13808.5 million euro and the CIF imports amounted to 18390.3 million euro. - In the period 1.I-28.II 2022, the exports increased by 23.4% and the imports increased by 28.9%, compared to the period 1.I-28.II 2021. - In the period 1.I-28.II 2022, the FOB-CIF commercial deficit was of 4581.8 million euro, 1504.5 million euro more than in the period 1.I-28.II 2021. Romania's trade balance deficit (FOB / CIF) was 4.581 billion euros, in the first two months of this year, 1.504 billion euros higher than that recorded between 1 January 1 and 28 February 2021, show the data of the National Institute of Statistics (INS) published on Monday.In February 2022, FOB exports amounted to 7.049 billion euros, and CIF imports amounted to 9.508 billion euros, resulting in a deficit of 2.459 billion euros. Compared to February 2021, exports in February 2022 increased by 21.9% and imports increased by 23.8%.In the first two months of 2022, FOB exports amounted to 13.808 billion euros and CIF imports 18.390 billion euros. Exports increased by 23.4% and imports increased by 28.9% compared to the same period last year.Between 1 January and 28 February 2022, important shares in the structure of exports and imports are held by product groups: machinery and transport equipment (43.2% for exports and 32.8% for imports) and other manufactured products (31.6% for exports and 29.1% for imports).The value of intra-EU trade in goods in the reference period was 10.009 billion euros for exports and 12.976 billion euros for imports, representing 72.5% of total exports and 70.6% of total imports.The value of non-EU27 trade in goods between 1 January and 28 February 2022 was 3.798 billion euros in exports and 5.413 billion euros in imports, accounting for 27.5% of total exports and 29.4% of total imports.
Ion Iliescu, Romania’s first president after the fall of communism in December 1989 and one of the country’s most influential and controversial political figures, died on Tuesday, August 5, at the age of 95. His death was announced by the government, which expressed condolences to his family and stated that details regarding the state funeral […]
A large medieval cemetery was discovered this week at the Hasdeu High School in Lugoj, western Romania. The complex may have extensions into the surrounding yards and a high historical importance. Although the excavations are only just beginning, with an estimated 10% of the necessary work completed so far, the discoveries have already showed promise. […]
A trilateral working meeting for the creation of a regional cybersecurity alliance between Romania, the Republic of Moldova, and Ukraine took place on July 30 in Chernivtsi, Ukraine. The establishment of such a union would boost Romania's role in region. "The National Cybersecurity Directorate considers that the initiative to establish a cybersecurity coalition between Romania, […]
Two Dacian gold bracelets from the collection of the National History Museum of Romania (MNIR) have been recently 3D scanned as part of a digital preservation project highlighting these exceptional archaeological pieces. The initiative, launched by the museum, aims to showcase the artistry and cultural significance of Dacian goldsmithing. Crafted with remarkable skill, the spiral-shaped […]
Arad, a city in western Romania dubbed the “Little Vienna,” will organize a celebration of its history and culture in the Austrian capital, between August 8 and 20. The Days of Arad Culture begin on August 8 with the photo exhibition "Arad of Yesterday and Today," which will highlight the architectural connection of the city […]
In a report published on Tuesday, August 5, the Group of States against Corruption, or GRECO, said that Romania has fully implemented two of the 26 recommendations made in the 2023 Fifth Round Evaluation Report on preventing corruption and promoting integrity among top executive functions of the central government and law enforcement. Out of the […]
