The trade balance deficit (FOB/CIF) increased by 17.7pct up to 30.054 billion euros January through November, 2024, higher by 4.518 billion euros (+17.7%) compared to the deficit recorded in the same period last year, according to data released by the National Institute of Statistics (INS) on Friday.According to the INS, in the first nine months of the year, important shares in the structure of exports and imports are held by the following product groups: machinery and transport equipment (47% in exports and 36.5% in imports) and other manufactured products (28.7% in exports and 28.9% in imports).In November 2024, FOB exports amounted to 8.389 billion euros, and CIF imports amounted to 11.227 billion euros, resulting in a deficit of 2.837 billion euros. Compared to November 2023, exports in November 2024 increased by 1.6%, and imports increased by 6.2%.The value of intra-EU27 trade in goods in the period January - November 2024 was EUR 62.338 billion in shipments and EUR 83.923 billion in imports, representing 72.4% of total exports and 72.2% of total imports.The value of extra-EU27 trade in goods in the same period was EUR 23.772 billion in exports and EUR 32.242 billion in imports, representing 27.6% of total exports and 27.8% of total imports.
More than 2 out of 3 Romanian consumers do not return for a second purchase, according to the new Customer Loyalty Index, a comprehensive analysis based on aggregated data from campaigns and authored by White Image, the oldest email marketing company in Romania. The Index analyzes the post-purchase behavior of Romanian consumers and highlights major […]
Fashion retailer Primark announced major plans to expand its presence in Romania, confirming four new store openings for 2026. This will double its presence in the market and create over 450 new jobs. The announcement arrived at an important moment for the company, which marked three years since the opening of its first Romanian store […]
Romania’s National Road Investment Company (CNIR) awarded on Tuesday, December 16, the contract for the design and construction of the Bacău–Piatra Neamț express road to a Romanian–Bulgarian consortium. The value of the contract is RON 5.17 billion (some EUR 1 billion), excluding VAT, and its signing will take place if no appeals are filed. The […]
Romania will host its first mixed team European Judo Championship in 2027, according to the Romanian Judo Federation. The competition will take place at a key moment in the Olympic cycle, when the points earned will directly influence world rankings and qualification for the Olympic Games, according to FR Judo. The event will...
Radu Miruță, currently Romania’s economy minister, was proposed to lead the Defense Ministry. He will also hold the position of deputy prime minister. In his place, senator Irineu Darău has been proposed to take the helm of the Economy Ministry. The Defense and Economy Ministries are handled by the center-right reformist party Save Romania Union […]
Carrefour Romania has expanded its proximity retail network, reaching 200 Express stores and 191 Market locations nationwide, as part of its strategy to strengthen convenience formats. The retailer announced that the 200th Carrefour Express store will open on December 22. In 2025 alone, Carrefour opened 27 Express stores, including 19 company-operated units and eight franchise […]
