Check global market trends of your products with import export value, volume, trading partners and growth rate. The People's Republic of China is again Germany's main trading partner. These findings are based on India Export Import database of infodriveindia and is based on shipping bills and bills of entry filed at Indian customs. Romania’s main trading partners are Italy, Germany, Hungary, France, and Turkey. In 2012, Romania's largest trading partner was Germany, followed by Italy. More. Ghana Imports. Firms scanning the world market for opportunities to diversify products, markets and suppliers, and trade support institutions (TSIs) setting priorities in terms of trade promotion, sectoral performance, partner countries and trade development strategies must have detailed statistical information on international trade flows in order to utilize resources effectively. Foreign direct investment (FDI) in Romania has increased dramatically. US Customs Records Notifications available for Hartrodt Romania Srl, a supplier based in Romania. Yet, in the first quarter of 2019 it dropped to £85.5 billion. Contact information, finances, files, groups. Annual data. Import (auch: Einfuhr; lateinisch in [wird wegen des nachfolgenden „p“ zu im] „in… hinein “ und lateinisch portare „tragen, bringen“: „hineintragen, einführen“) ist im Außenhandel der grenzüberschreitende Kauf von Gütern oder Dienstleistungen aus dem Ausland und deren Lieferung ins Inland. Source: CIA World Factbook - This page was last updated on December 7, 2019 See Also. New, Figures and insights about the advertising and media world, Industry Outlook India Imports from Romania Infodriveindia presents detailed analaysis of India Imports from Romania with detailed break up at major HS codes, products and ports. Below, you can find Russia’s top five key trading partners of 2018. Total U.S. Imports to Arizona Top 25 6-digit HS Commodities Based on 2019 Dollar Value. Auto Partner Group is a dynamically developing importer and distributor of spare parts for cars, light commercial vehicles and motorcycles. Romania: Main import partners in 2017 Share in total import … CIA. The total project cost is forecasted at According to final results, goods worth 206.0 billion euros were traded between Germany and the People's Republic of China in 2019 (exports and imports). The United States … 38 / 127. 5. Then you can access your favorite statistics via the star in the header. Romania: Browse through 279 potential providers in the importers industry on Europages, a worldwide B2B sourcing platform. The project will allow for LNG imports from Azerbaijan through Georgia and onwards over the Black Sea to Romania; Hungary has also joined the project. Home Menu Search . ], with Cluj-Napoca as a potential location, close to the Nokia Village where Nokia invested US$100 million in a plant. The report showed that exports from Russia totaled some $450 billion, marking a surge of 25.6 percent, while imports saw a modest growth of 4.7 percent to some $238 billion. Share of exports increased to 65.4 percent against 61.1 percent in 2017 while the share of imports declined from 38.9 percent to 34.6 percent. In 2006 Romania imported food products worth €2.4 billion, up almost 20% versus 2005, when imports were worth slightly more than €2 billion. UK and Romania trade. [11] Peugeot is interested[when?] In 2017, the most important import partner for Romania was Germany with a share of 20 percent in all imports. Based solely on the strength of goods (not services), the most powerful nation in the world receives the most imports from China (18.2%), Mexico (14.4%), and Canada (12.7%). That dollar amount reflects a 9.7% uptick from 2018 to 2019 and a 12.2% increase since 2016. Romania's main imports and exports are electrical machinery, motor vehicles & parts and industrial machinery. The pace of growth was generally much slower for the EU’s more traditional trading partners … Global Insights. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Please update this article to reflect recent events or newly available information. In the market for over 15 years, providing the best IT experience. The Brexit vote means that the United Kingdom will be leaving the European Union. The value of EU-27 imports from Nigeria, Mexico, the United Arab Emirates and India also grew strongly. Romania: Browse through 28 potential providers in the import of clothing industry on Europages, a worldwide B2B sourcing platform. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. [16] Simultaneously, the value of Moldovan imports from Romania increased to US$101.6 million, representing 2.1 times or $52.1 million compared with the first two months of 2006. Romanian EU exports represent 64%, and imports from EU countries represent 54%. (free on board) basis. In 2012, Romania's largest trading partner was Germany, followed by Italy. Romania: $710,337,951: View All Export/Import Trade Partners Traded Goods (at the 2-digit HS Code level) Top 10 Export Goods. In, CIA. Romania’s capital city is Bucharest. Search 80+ countries import export trade data by HS Code or Product Description. Register in seconds and access exclusive features. Considered to be the largest Romanian electronics retailer, Altex, planned to enter the Bulgarian market in 2008. Romania's chief exports to Italy included leather footwear, cars, telephones, tobacco, men's suits, seats and iron pipes. Home. Romania receives the second highest FDI in Central Europe. This page provides forecast and historical data, charts, statistics, news and updates for Romania Net Exports. Other important partners are the CEFTA countries, Turkey, Republic of Moldova and the USA. This feature is limited to our corporate solutions. Importing after the Brexit decision is bound to change; exactly how it will change is still unclear at this stage. Romanian EU exports represent 64%, and imports from EU countries represent 54%. In 2017, Romania's largest trading partner was Germany, followed by Italy. [4][5] SABMiller is set to invest €50m (US$69m) in expanding production at one of its breweries in Romania (Ursus (beer)). These findings are based on India Export Import database of infodriveindia and is based … Romania: Trade Statistics. Select a country. Arizona state flag Nicknamed “The Copper State” and “The Grand Canyon State” located in America’s southwestern region, Arizona shipped US$24.7 billion worth of goods around the globe in 2019. Please authenticate by going to "My account" → "Administration". Romania is currently the second largest export market for Moldova, accounting for a 15.7% market share in 2007. Below are the top 5 products imported by Ghana. Import Extra-EU imports by main partner country The EU market overview Data Studies and reports The company previously announced its plans to enter the Serbian market. [14] Altex has 90 stores in Romania's largest cities, with ten stores in Bucharest. Romanian; Slovak; Slovenian; Finnish; Swedish; Query text . Romania's main exports to Germany were insulated wire, cars and vehicle parts, whereas its main German imports are cars and vehicle parts. Profit from additional features by authenticating your Admin account. its first hypermarket in Sofia, Bulgaria, within the residential district of Lyulin. Compare Exporter Rank Importer Rank. Russia 24.2%, Bulgaria 12.8%, Switzerland 12%, Georgia 6.9%, Germany 5.9%, China 5.5%, Iraq 5.4%, UAE 4.6%, Netherlands 4.1% (2017) Aruba. with regards to the imports in Romania, the EU is the largest trading partner, accounting for 74.6%; from the EU, Germany stands out as the largest recipient of exports from Romania (22.4% from the entire export value, in 2019); Germany is also the country responsible for the highest level of imports in Romania (20.2% in 2019). [10], In 2008, Procter & Gamble intended to allocate €50 million for construction of a cosmetics factory in Romania. Explore Visualizations Romania was admitted to the EU in 2007, but its efforts to join the visa-free Schengen area were frustrated by other EU members’ concerns about possible abuses to the “borderless” system. See how in Academy globalEDGE Newsletter globalEDGE's monthly newsletter Subscribe. Major agricultural food products imported into the country include bulk commodities and consumer ready food products such as poultry. See their past imports from Happy Fursec Srl, a supplier based in Romania. Moldovan exports are dominated by oils, iron rods, barrels and sunflower seeds. The fastest-growing markets for imports of goods and services between 2010 and 2018 were Vietnam (243%), Saudi Arabia (201%), Algeria (166%), Bangladesh (131%), and Romania (129%). Romania’s average unemployment rate was 4.3% for 2019 up from 4.187% one year earlier, according to the International Monetary Fund. Our Services. $39 per month* ", CIA, Romania: Main import partners in 2017 Statista, https://www.statista.com/statistics/373145/most-important-import-partners-of-romania/ (last visited December 12, 2020), Median age of the population in Romania 2015, Gross domestic product (GDP) in Romania 2021, Gross domestic product (GDP) per capita in Romania 2024, Gross domestic product (GDP) growth rate in Romania 2021, Romania: Share in global GDP adjusted for PPP 2024, Share of economic sectors in the GDP in Romania 2019, Employment by economic sector in Romania 2020, Youth unemployment rate in Romania in 2020, National debt of Romania in relation to gross domestic product (GDP) 2024, Ratio of military expenditure to gross domestic product (GDP) in Romania 2019, Ratio of government expenditure to gross domestic product (GDP) in Romania 2024, Romania's budget balance in relation to GDP 2021, New cases of COVID-19 worldwide from January 23 to December 10, 2020, by day, Value of U.S. merchandise trade with Romania 2000-2010, Online travel and accommodation services usage in Romania 2006-2017, Uploading self-created content to the internet in Romania 2008-2017, Online media consumption in Romania 2006-2014, Romania: monthly consumer price index for health 2018-2020, Manufacturing of food products: production value in Romania 2008-2015, Romania: house price index Q1 2016-Q2 2020, Manufacturing of food products: number of employees in Romania 2008-2015, Romania: enterprises in the sewerage industry 2008-2016, Romania: enterprises collecting, treating and supplying water 2008-2018, Professional social network penetration in Romania 2011-2017, Internet usage via desktop or mobile computer in Romania 2004-2014, Romania: monthly consumer price index for communications in 2018, Italy: personnel costs in manufacturing of synthetic rubber 2008-2016, Cloud services market revenue in Denmark 2016-2021, Manufacture of general-purpose machinery revenue in Ireland 2010-2022, Comparison of water expenditures with other items in the 2016 France household budget, Sulfites: import value in the United Kingdom (UK) 2010-2013, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. 4. Though Romania energy imports fluctuated substantially in recent years, it tended to decrease through 1995 - 2014 period ending at 16.8 % in 2014. Its main imports partners are other European Union members with Germany, Italy, Hungary and France being the most important. Trade Flow. The most common import partners for Bulgaria are Germany ($4.47B), Russia ($3.21B), Italy ($2.77B), Romania ($2.54B), and Turkey ($2.48B). Discover our services to support your global ambitions. What this practically means for importers in the United Kingdom, at this stage, is uncertain as there are no agreed upon terms for the exit. New, Everything you need to know about the industry development, Find studies from all around the internet. Romania has strength in information technology and other significant areas such as auto components, chemicals, apparels, pharmaceuticals and jewelry. [2] Foreign direct investment flow attracted by Romania in the first two months of 2008 reached €1.2 million, thus registering a 40% increase against January and February 2007. In January–February 2007, Moldova imported mostly garnishes, breeches and similar goods, 196.9 times more than the same period for 2006, as well as petroleum oils and oils made of bituminous materials. While Romania imports substantial quantities of grain, it is largely self-sufficient in other agricultural products and food stuffs. Other important partners are the CEFTA countries, Turkey, Republic of Moldova and the USA.[1]. 4 Romania 1 Russian Federation 2 Rwanda 2 Réunion 60 Saudi Arabia 8 Senegal 2 Serbia ... had confidence in our teams’ kick-butt expertise, and we swore by our computer codes. [13] Employing 4500 people, Mobexpert's hypermarkets had an annual profit of €200 million[when?]. The first table below shows top trading partners of Bulgaria in terms of export sales (selling), including Turkey, Germany, and Greece. Statista. Romania. Trade Flow. 2.8% of the country's GDP is derived from agricultural activity. We are also known for the best customer service in the industry. Skilled labor force, low taxes, a 16% flat tax for corporations and individuals, no dividend taxes, liberal labor code and a favorable geographical location are Romania's main advantages for foreign investors. Top Romania Import Partners 2014. Statements by Prime Minister Ludovic Orban at Victoria Palace. Merchandise Trade statistics data for Romania (ROM) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. The principal Italian imports to Romania include hides, footwear parts, medicaments, telephones and vehicle parts. Net energy imports are estimated as energy use less production, both measured in oil equivalents. Overall development . Food must be regulated for sale in the retail market, therefore Romania imports almost no food products from other countries. Please check the Data Availability for coverage. Romania: Major export destinations Encyclopædia Britannica, Inc. + 48 32 325 15 00 or write kontakt@autopartner.com EU membership gives Romania new economic opportunities in its trade relationship with Moldova. Romania is an important exporter of military equipment, accounting for 3-4% of the world total in 2007. (July 16, 2019). Basic information . Its main imports partners are China, United States, Belgium, United Kingdom and France. Directly accessible data for 170 industries from 50 countries Accessed December 12, 2020. https://www.statista.com/statistics/373145/most-important-import-partners-of-romania/, CIA. Along with the LNG terminal in Constanta, another terminal is set to be built in Georgia. Definition: This entry provides the total US dollar amount of merchandise imports on a c.i.f. Please note the exports, imports and tariff data are based on reported data and not gap filled. Corporate solution including all features. July 16, 2019. (cost, insurance, and freight) or f.o.b. U.S. Imports by State of Final Destination (State Import Series). invest €50 million (US$69.41 million) in a snowmobile plant in Romania. Below is a list showcasing 15 of Romania’s top trading partners, countries that imported the most Romanian shipments by dollar value during 2019. in opening an engine factory in Romania, representing an investment of €600 million. [citation needed], The European Union provides €143 million in aid to Ford Motor Company plants in Romania. Ghana operates a relatively free market, having relatively low tariffs on imported products. Considering the FDI structure, the predominant investment were other capitals (loans granted by parent companies to affiliate structures in Romania) representing 50.8% out of the total for January and February 2008, followed by reinvested profit and capital participation amounting to 49.2%. "Romania: Main import partners in 2017." Indicator. The European Union is Romania's main trade partner in agri-food products. Romania: Main import partners in 2017 [Graph]. Test Your Knowledge. Top investors from countries, by companies: Erste Bank (Austria), OMV (Austria), Gaz de France (France), Orange (France), Vodafone (United Kingdom), Ford (United States), MOL (Hungary), ENEL (Italy), E.ON (Germany), Nokia (Finland). US Customs Records Notifications available for Promidea Srl Romania. This would be the first greenfield site for the cosmetics industry in Romania. Romania imports machinery and transport equipment, raw materials, chemicals and fuels. Rely on Santander ; Our Resources. Then you will be able to mark statistics as favourites and use personal statistics alerts. HS Code Import USD$ (84) Industrial Machinery: $33,076,874,837 (85) Electrical Machinery In those cases where Germany was not the leading import partner, this position was usually occupied by a (neighbouring) country within close geographic proximity — for example, the Netherlands was the main origin of Belgian imports, Spain was the main origin of Portuguese imports and Lithuania was the main origin of Latvian imports. Romania: Major import sourcesEncyclopædia Britannica, Inc. By the beginning of the 21st century, traditional Romanian exports such as textiles and clothing accounted for more than one-fifth of exports, followed by metals, electrical equipment, oil, and nonelectrical machinery. The United States’ greatest trading partners are also those who provide the most of the country’s imports. Romanian EU exports represent 64%, and imports from EU countries represent 54%. Analyze United States Import Data with ImportGenius. Press statements by Interim Prime Minister Nicolae –Ionel Ciucă at Victoria Palace. Find active importers, buyers, suppliers, manufacturers and exporters globally. The first table below shows top trading partners of Romania in terms of … Explore Visualizations undo CMS.Section.Reset visualizations See exports to Stockmeyer (north America)inc., an importer based in . The EU is Romania's main trade partner in agri-food products. About JDM ARIZONA INC. We are proud in the quality of the JDM products that are sourced directly from Japan. Smaller percentages went to Africa (3.4%), North America (2.4%), Latin America excluding Mexico but including the Caribbean (0.5%) then Oceania led by Australia and New Zealand (0.1%). FITA offers general information on Romania including income tax Romania, agriculture Romania, Romania import & doing business in Romania information. Others include Turkey. Poland Trade Statistics. In case returning Romanian citizens want to import a car, this car may not be older than 8 years. Romania: $5.7 billion (2.2%) Austria: $5.6 billion (2.1%) Over three-quarters (77.8%) of Polish exports in 2019 were delivered to the above 15 trade partners. In the fourth quarter of 2018, the export value to non-EU countries was the highest with £91.2 billion. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Contact the SOLVIT team if you have market access issues relating to the operation of the Single Market. In 2006 Romania imported food products worth €2.4 billion, up almost 20% versus 2005, when imports were worth slightly more than €2 billion. [6] Czech based investor and developer CTP Invest plans to allocate €60 million next year in industrial property development in Romania. India Imports from Romania Infodriveindia presents detailed analaysis of India Imports from Romania with detailed break up at major HS codes, products and ports. The principal Italian imports to Romania include hides, footwear parts, medicaments, telephones and vehicle parts. Romania Import Partner Share in percentage New Zealand between 1988 and 2018 Country / Region. Year. Learn more about how Statista can support your business. Romania services export is 27,435,179,461 in BoP, current US$ and services import is 17,173,097,639 in Bop, current US$.Romania exports of goods and services as percentage of GDP is 41.64% and imports of goods and services as percentage of GDP is 44.85%. [7] Snowmobile and motorcycle maker Polaris Industries will[when?] Looking for Importer, Sales Partner of Italian Cashmere Brands << DESCRIPTION >> Italian cashmere brands (2 brands) are looking for importer, sales partner. General Motors is considering building production centre in Romania[when? Europa > Life and business in the EU > Import and export. See their past imports from Dongyang Fengye Import And Export, a supplier based in China. Romania imports agri-food products of 2.4 bn euros in 2006 - Danmarks ambassade Bukarest, http://www.antena3.ro/Romania-ocupa-locul-al-II-lea-in-topul-destinatiilor-preferate-de-investitori_bss_48518_ext.html, http://www.arisinvest.ro/news_detail.asp?ID=554&LID=2, "General Motors considers Romania for plant - ZF English - Ziarul Financiar", "ROMANIA: SABMiller lines up Ursus investment", "CTP Invest to Allocate EUR 60 mln for Romania // Property Xpress", "Polaris to build snowmobile plant in SE Europe", http://www.setimes.com/cocoon/setimes/xhtml/en_GB/features/setimes/features/2007/12/06/feature-01, http://www.iht.com/articles/ap/2008/04/30/business/EU-FIN-EU-Romania-Ford.php, http://www.propertyxpress.com/getnews/0000004940, "Peugeot Ponders Engine Factory In Romania - English section - Ziarul BURSA", http://www.seenews.com/news/latestnews/romania___sromstalentersserbia_buyslocalcodomingfor10mlneuro-144259/, http://economie.moldova.org/stiri/eng/37767/, https://en.wikipedia.org/w/index.php?title=Foreign_trade_of_Romania&oldid=931412092, All articles with vague or ambiguous time, Vague or ambiguous time from November 2015, Wikipedia articles in need of updating from September 2018, All Wikipedia articles in need of updating, Articles with unsourced statements from November 2015, Creative Commons Attribution-ShareAlike License, Italy 20.4%, Germany 17%, France 14% (2007), Italy 23.4%, Germany 16%, France 12% (2007), This page was last edited on 18 December 2019, at 19:25.
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