- In November 2021, the FOB exports amounted to 7087.7 million euro and the CIF imports amounted to 9246.7 million euro, a commercial deficit of 2159.0 million euro being registered. - Compared to November 2020, the exports increased by 17.5% and the imports increased by 21.5% in November 2021. - In the period 1.I-30.XI 2021, the FOB exports amounted to 68166.4 million euro and the CIF imports amounted to 89536.2 million euro. - In the period 1.I-30.XI 2021, the exports increased by 19.4% and the imports increased by 21.7%, compared to the period 1.I-30.XI 2020. - In the period 1.I-30.XI 2021, the FOB-CIF commercial deficit was of 21369.8 million euro, 4929.5 million euro more than in the period 1.I-30.XI 2020. Romania's trade balance deficit (FOB / CIF) amounted to 21.369 billion euros in the first 11 months of 2021, up by 4.929 billion euros compared to the same period in 2020, show data from the National Institute of Statistics (INS), published on Monday.According to the INS, in November 2021, FOB exports amounted to 7.087 billion euros, and CIF imports amounted to 9.246 billion euros, resulting in a deficit of 2.159 billion euros. Compared to November 2020, exports increased by 17.5% and imports by 21.5%.Between January 1 and November 30, 2021, FOB exports amounted to 68.166 billion euros (increase by 19.4% from the similar period of 2020) and CIF imports amounted to 85.536 billion euros (+21.7%).During the first 11 months of last year, important shares in the import and export structures are held by the following product groups: machinery and transport equipment (45.2% in export and 35.3% in import) and other manufactured products (30.6% for export and 30% for import).The value of intra-EU trade in goods between January 1 and November 30, 2021 was 49.638 billion euros in exports and 65.013 billion euros in imports, representing 72.8% of total exports and 72.6% of total imports.The value of non-EU27 trade in goods between 1 January and 30 November 2021 was 18.527 billion euros in exports and 24.522 billion euros in imports, accounting for 27.2% of total exports and 27.4% of total imports.
More than one in three children in Romania, roughly 1.25 million, live in poverty, and the percentage rises dramatically to 75.8% for those whose parents have a low level of education, according to 2024 Eurostat data cited by Save the Children Romania. Children in rural areas face a much higher risk of poverty or social […]
Wizz Air has expanded its base at Timișoara International Airport, in western Romania, by adding a third aircraft and launching five new routes this month. The expansion marks another milestone for the carrier, which has transported more than nine million passengers to and from Timișoara since beginning operations there in 2008. Starting this week, passengers […]
Tech giant Apple announced a major expansion of its clean energy projects across Europe with new large-scale solar and wind farms under development in Romania, Greece, Italy, Latvia, and Poland. The local project is located in Galați County. Together with a newly operational solar array in Spain, the projects announced on Tuesday, October 14, will...
Romanian president Nicușor Dan argued that there is a lot of room for new American investments in areas such as energy or artificial intelligence in Romania in an interview given on Monday, October 13. The head of state said that foreign investments increase Romania’s economy and are generally beneficial to long-term growth. “There is a […]
British rock icons The Cure and American duo Twenty One Pilots will headline the 2026 edition of Electric Castle, one of Romania’s largest music festivals. The event will take place on July 16–19 at Banffy Castle in Bonțida, near Cluj-Napoca. Festival passes are available on the event’s website, with early bird prices offered through midnight, […]
Romanian prime minister Ilie Bolojan attended the launch of a new Mercedes-Benz assembly line for propulsion units on Monday, October 13, in Sebeș, central Romania. The new line will service fully-electric GLC models produced by the German carmaker. The new high-tech production line has a 15,000-square-meter assembly line, over 1,000 meters in length, and more […]
