- 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.
Participation in cultural education activities continues to be limited, with the main barriers being difficult access, insufficient knowledge, and cost, the recently released Cultural Consumption Barometer 2024 shows. The report showed that many Romanians still associate culture with entertainment rather than with personal development or furthering their knowledge. The need for relaxation dominates in cultural […]
Roughly 84% of Romanians say that the pace of the state’s digitalization is slow or very slow, according to an Edge Institute & AtlasIntel study presented at the Digital Governance Summit 2025, which took place on Tuesday, November 25, at the presidential palace in Bucharest. The survey aims to capture the way citizens relate to […]
Romania’s Superior Council of Magistracy (CSM) issued a negative opinion on the new bill regarding magistrates’ pensions. The move is only the latest development concerning a heated issue that led to tensions between the executive and the judiciary branch. CSM’s opinion is consultative, and the government led by Ilie Bolojan can still take responsibility for […]
Romania took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE). The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe […]
Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day. Polish investments […]
As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]
