Its main imports partners are China, United States, Belgium, United Kingdom and France. The United States’ greatest trading partners are also those who provide the most of the country’s imports. Along with the LNG terminal in Constanta, another terminal is set to be built in Georgia. 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%). We have been asked by both manufacturers to conduct research to find a business partner in Japan (Asia). Romania: $5.7 billion (2.2%) Austria: $5.6 billion (2.1%) Over three-quarters (77.8%) of Polish exports in 2019 were delivered to the above 15 trade partners. Among Poland’s top importers, Austria increased its purchases from Poland by the highest percentage from 2018 to 2019 thanks to an 8.7% gain. As an Odoo Gold Partner, it has successfully completed Odoo implementations for industry ... 11 reference(s) CIEL IT, Inc. Certified v12. Romania services export is 27,435,179,461 in BoP, current US$ and services import is 17,173,097,639 in Bop, current US$.Romania exports of goods and services as percentage of GDP is 41.64% and imports of goods and services as percentage of GDP is 44.85%. Home ; About the EU . "Romania: Main Import Partners in 2017. The value of EU-27 imports from Nigeria, Mexico, the United Arab Emirates and India also grew strongly. Romania imports machinery and transport equipment, raw materials, chemicals and fuels. Supplier of: Import-export ... Dear Partners, We are one of the best reputation Company which offer Persian Saffron, we have our own plantation, offering 100% Bio and organic products with Int certification. Major agricultural food products imported into the country include bulk commodities and consumer ready food products such as poultry. In 2006 Romania imported food products worth €2.4 billion, up almost 20% versus 2005, when imports were worth slightly more than €2 billion. Please note the exports, imports and tariff data are based on reported data and not gap filled. HS Code Export USD$ (85) Electrical Machinery: $2,591,974,624 (84) Industrial Machinery: $1,336,927,973 (87) Motor Vehicles & Parts: $1,275,930,559 Romania: Main import partners in 2017 [Graph]. 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 most common import partners for Bulgaria are Germany ($4.47B), Russia ($3.21B), Italy ($2.77B), Romania ($2.54B), and Turkey ($2.48B). The most recent imports of Bulgaria are led by Copper Ore ($2.82B), Crude Petroleum ($2.65B), Cars ($1.36B), Packaged Medicaments ($1.21B), and Petroleum Gas ($820M). See exports to Stockmeyer (north America)inc., an importer based in . Payment means; Financing operations; Risk management; Incoterms® Santander Group Abroad. 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. Its main imports partners are other European Union members with Germany, Italy, Hungary and France being the most important. 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. Romania. and over 1 Mio. In the fourth quarter of 2018, the export value to non-EU countries was the highest with £91.2 billion. The aid is part of a total investment of €600 million (US$934 million) in the plants to make engines and complete vehicles in the Craiova region of southwest Romania. 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. Exporter Rank. Romania has strength in information technology and other significant areas such as auto components, chemicals, apparels, pharmaceuticals and jewelry. €10 million was invested, of which 80 per cent was provided as bank credit from Alpha Bank. Please update this article to reflect recent events or newly available information. 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%). Romania main exports partners are other European Union members with Germany, Italy and France being the most important. 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). In 2006 Romania imported food products worth €2.4 billion, up almost 20% versus 2005, when imports were worth slightly more than €2 billion. Overall development . In 2012, Romania's largest trading partner was Germany, followed by Italy. Are you interested in testing our corporate solutions? Romania’s capital city is Bucharest. in opening an engine factory in Romania, representing an investment of €600 million. Monday, 07 December 2020 . 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. See their past imports from Happy Fursec Srl, a supplier based in Romania. Supplier of: Agriculture - import-export | import export of goods Romanian EU exports represent 64%, and imports from EU countries represent 54%. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Test Your Knowledge. Source of databases with romanian companies working in different areas. Accessed December 12, 2020. https://www.statista.com/statistics/373145/most-important-import-partners-of-romania/, CIA. Romania: Main import partners in 2017 Share in total import … The EU is Romania's main partner in the trade with agri-food products. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: COVID-19 deaths worldwide as of December 11, 2020, by country, COVID-19 cases worldwide as of December 11, 2020, by country, Coronavirus (COVID-19) cases, recoveries, and deaths worldwide as of Dec. 11, 2020, Cumulative cases of COVID-19 worldwide from January 22 to December 10, 2020, by day. Romania imported in 2006 food products of 2.4 billion euros, up almost 20% versus 2005, when the imports were worth slightly more than 2 billion euros. [10], In 2008, Procter & Gamble intended to allocate €50 million for construction of a cosmetics factory in Romania. Import Extra-EU imports by main partner country The EU market overview Data Studies and reports Romania’s average unemployment rate was 4.3% for 2019 up from 4.187% one year earlier, according to the International Monetary Fund. In 2017, the most important import partner for Romania was Germany with a share of 20 percent in all imports. Germany: US$17.3 billion (22.5% of Romania’s total exports) Italy: $8.6 billion (11.2%) France: $5.3 billion (6.9%) India Imports from Romania Infodriveindia presents detailed analaysis of India Imports from Romania with detailed break up at major HS codes, products and ports. Then you can access your favorite statistics via the star in the header. 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. Rely on Santander ; Our Resources. Goods manufactured in the UK are exempt from import duties. Romania’s main trading partners are Italy, Germany, Hungary, France, and Turkey. We are also known for the best customer service in the industry. Home Menu Search . Directly accessible data for 170 industries from 50 countries Romania: Browse through 28 potential providers in the import of clothing industry on Europages, a worldwide B2B sourcing platform. US Customs Records Notifications available for Promidea Srl Romania. Though Romania energy imports fluctuated substantially in recent years, it tended to decrease through 1995 - 2014 period ending at 16.8 % in 2014. 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 is currently the second largest export market for Moldova, accounting for a 15.7% market share in 2007. While Romania imports substantial quantities of grain, it is largely self-sufficient in other agricultural products and food stuffs. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Romanian; Slovak; Slovenian; Finnish; Swedish; Query text . [11] Peugeot is interested[when?] Fastest-Growing Romanian Import Countries Research Note: Import numbers rarely match the source exporters’ stats. The leading export partner country for Romania, with over 15.7 million euros of total export goods, was Germany. Values in … Year. The European Union is Romania's main trade partner in agri-food products. India Imports from Romania Infodriveindia presents detailed analaysis of India Imports from Romania with detailed break up at major HS codes, products and ports. [citation needed], The origin countries of FDI in Romania during 1996-2005 were split as follows:– the Netherlands 24.3%; Germany 19.4%, Austria 14.1%; Italy 7.5%. Fastest-Growing Romanian Import Countries Research Note: Import numbers rarely match the source exporters’ stats. The company previously announced its plans to enter the Serbian market. Explore Visualizations undo CMS.Section.Reset visualizations Allgemeines. + 48 32 325 15 00 or write kontakt@autopartner.com 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 … its first hypermarket in Sofia, Bulgaria, within the residential district of Lyulin. Call us tel. HS Code Import USD$ (84) Industrial Machinery: $33,076,874,837 (85) Electrical Machinery From a continental perspective, 84.2% of Romania’s exports by value were delivered to fellow European countries while 8.7% were sold to importers in Asia. Source: CIA World Factbook - This page was last updated on December 7, 2019 See Also. The exports to this destination represent 64%, and the imports from the EU countries represent 54%. View All Export/Import Trade Partners Traded Goods (at the 2-digit HS Code level) Top 10 Export Goods. On the import side, China (+ 392 between 2002 and 2019), also had the largest growth. US Customs Records Notifications available for Hartrodt Romania Srl, a supplier based in Romania. U.S. Imports by State of Final Destination (State Import Series). Net Exports for Romania from National Institute of Statistics for the National Accounts release. See how in Academy globalEDGE Newsletter globalEDGE's monthly newsletter Subscribe. July 16, 2019. $39 per month* Auto Partner Group is a dynamically developing importer and distributor of spare parts for cars, light commercial vehicles and motorcycles. Contact information, finances, files, groups. Trade Flow. Find active importers, buyers, suppliers, manufacturers and exporters globally. In the market for over 15 years, providing the best IT experience. invest €50 million (US$69.41 million) in a snowmobile plant in Romania. See their past imports from Dongyang Fengye Import And Export, a supplier based in China. 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. In 2012, Romania's largest trading partner was Germany, followed by Italy. FITA offers general information on Romania including income tax Romania, agriculture Romania, Romania import & doing business in Romania information. Also shown is each import country’s percentage of total Romanian exports. Global Insights. Romania Import Partner Share in percentage New Zealand between 1988 and 2018 Country / Region. Romania's main exports to Germany were insulated wire, cars and vehicle parts, whereas its main German imports are cars and vehicle parts. Along with the LNG terminal in Constanta, another terminal is set to be built in Georgia. Improve an international business course? Search 80+ countries import export trade data by HS Code or Product Description. Buying and selling are essential for any country to develop its economy and maintain good relations with other nations. Press statements by Interim Prime Minister Nicolae –Ionel Ciucă at Victoria Palace. The principal Italian imports to Romania include hides, footwear parts, medicaments, telephones and vehicle parts. In 2017, Romania's largest trading partner was Germany, followed by Italy. The total project cost is forecasted at facts. Romania: Browse through 279 potential providers in the importers industry on Europages, a worldwide B2B sourcing platform. Home. Chart. [13] Employing 4500 people, Mobexpert's hypermarkets had an annual profit of €200 million[when?]. Analyze United States Import Data with ImportGenius. Compare Exporter Rank Importer Rank. Others include Turkey. Reasons for import-export statistical discrepancies include re-exports, time lags, misallocations, distinct trade reporting systems, different quantity measurements and country confidentiality rules. Romania's chief exports to Italy included leather footwear, cars, telephones, tobacco, men's suits, seats and iron pipes. 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. US Customs Records Notifications available for Transilvania Imports Llc. Romania was the first European city to be lit by electrical street lamps. More. Please check the Data Availability for coverage. Ghana Imports. Total U.S. Imports to Arizona Top 25 6-digit HS Commodities Based on 2019 Dollar Value. That dollar amount reflects a 9.7% uptick from 2018 to 2019 and a 12.2% increase since 2016. New, Figures and insights about the advertising and media world, Industry Outlook Romanian EU exports represent 64%, and imports from EU countries represent 54%. This page provides forecast and historical data, charts, statistics, news and updates for Romania Net Exports. Imports by year chart In October 2005, new investment stimuli introduced more favorable conditions to IT and research centers, especially those located in eastern Romania (where unemployment is higher), planning to bring more added value without logistical demands. Please note the exports, imports and tariff data are based on reported data and not gap filled. The Interim Prime Minister Nicolae-Ionel Ciucă met with Adrian Zuckerman, U.S. General Motors is considering building production centre in Romania[when? Annual data. Check global market trends of your products with import export value, volume, trading partners and growth rate. Gegensatz ist der Export. New, Everything you need to know about the industry development, Find studies from all around the internet. Others include Russia and Turkey. Our Services. [3], In 2006, net FDI was US$12 billion (€9.1 billion). Germany remained Romania’s biggest trading partner in 2015 as the bilateral trade between the two countries increased by over 9% last year, to EUR 23.3 billion. 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. Arizona state flag Nicknamed “The Copper State” and “The Grand Canyon State” located in America’s southwestern region, Arizona shipped US$24.7 billion worth of goods around the globe in 2019. Please create an employee account to be able to mark statistics as favorites. Basic information . [citation needed] EU members are represented by a single official at the World Trade Organization. Top Romania Import Partners 2014. The principal Italian imports to Romania include hides, footwear parts, medicaments, telephones and vehicle parts. To import a car with exemption of taxes, clients staying only for a limited time in Romania, have to do this in between 3 months after arrival. In January–February 2007, Moldova imported mostly garnishes, breeches and similar goods, 196.9 times more than the same period for 2006, as well as petroleum oils and oils made of bituminous materials. Below is a list showcasing 15 of Romania’s top trading partners, countries that imported the most Romanian shipments by dollar value during 2019. Romania Import Partner Share from Bahamas, The in percentage 1988-2018 Romania Import Partner Share in percentage Bahamas, The between 1988 and 2018 Country / Region. HS Code Export USD$ (85) Electrical Machinery: $13,635,678,062 (87) Motor Vehicles & Parts: $13,079,692,229 (84) Industrial Machinery: $8,888,378,949 ... Romania × The Site. [14] Altex has 90 stores in Romania's largest cities, with ten stores in Bucharest. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Importing after the Brexit decision is bound to change; exactly how it will change is still unclear at this stage. [6] Czech based investor and developer CTP Invest plans to allocate €60 million next year in industrial property development in Romania. This feature is limited to our corporate solutions. Learn more about how Statista can support your business. 38 / 127. Below are the top 5 products imported by Ghana. Follow future shipping activity from Transilvania Imports … The Brexit vote means that the United Kingdom will be leaving the European Union. 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. [7] Snowmobile and motorcycle maker Polaris Industries will[when?] About JDM ARIZONA INC. We are proud in the quality of the JDM products that are sourced directly from Japan. [4][5] SABMiller is set to invest €50m (US$69m) in expanding production at one of its breweries in Romania (Ursus (beer)). Moldovan exports are dominated by oils, iron rods, barrels and sunflower seeds. In, CIA. Romania receives the second highest FDI in Central Europe. [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. 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. Compare Exports by Country By Country. FDI has grown by 600% since 2000 to around $13.6 billion or $2,540 per capita by the end of 2004. Food must be regulated for sale in the retail market, therefore Romania imports almost no food products from other countries. 2.8% of the country's GDP is derived from agricultural activity. Explore Visualizations Update, Insights into the world's most important technology markets, Advertising & Media Outlook (July 16, 2019). In case returning Romanian citizens want to import a car, this car may not be older than 8 years. A negative value indicates that the country is a net exporter. Romania's chief exports to Italy included leather footwear, cars, telephones, tobacco, men's suits, seats and iron pipes. European Union. The president of the Export-Import Bank of the United States (EXIM), Kimberly Reed, comes to Romania on Monday, December 7. Corporate solution including all features. The first table below shows top trading partners of Romania in terms of … We import and distribute in ROMANIA throughout our regional partners, agricultural products, canned food, preserved fruits and oils, soft drinks, wines and fish products. 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%). Contact the SOLVIT team if you have market access issues relating to the operation of the Single Market. 4. Please do not hesitate to contact me. Romanian EU exports represent 64%, and imports from EU countries represent 54%. Tables. Explore Visualizations Other important partners are the CEFTA countries, Turkey, Republic of Moldova and the USA. cargo-partner at the 22nd China Hi-Tech Fair (CHTF) With 500,000 visitors and 3,000 exhibitors, the CHTF is the largest and the most influential scientific and technological conference in China. These findings are based on India Export Import database of infodriveindia and is based … Trade Flow. The People's Republic of China is again Germany's main trading partner. Other important partners are the Central European Free Trade Agreement countries, Turkey, Moldova and the United States. Ghana operates a relatively free market, having relatively low tariffs on imported products. [8] British investments in the Romanian economy currently exceed €5 billion, with more than 3,200 British companies operating in key sectors, including telecommunications, information technology, financial services, and water and environmental protection. EU membership gives Romania new economic opportunities in its trade relationship with Moldova. Below, you can find Russia’s top five key trading partners of 2018. [9], The sectors of FDI in Romania are split as follows:- industry 38.4%; banking and insurance 22.2%; wholesale and retail trade 13.1%; production of electricity, gas and water 10.5%; transportation and telecommunications 9.2%. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. Prepared by our U.S. Embassies abroad. Trade Statistics. The first table below shows top trading partners of Bulgaria in terms of export sales (selling), including Turkey, Germany, and Greece. -- Created using PowToon -- Free sign up at http://www.powtoon.com/youtube/ -- Create animated videos and animated presentations for free. [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. Year. US 20.2%, Colombia 17.6%, Venezuela 13%, Netherlands 9.1%, Thailand 8.4%, Panama 4.8% (2017) Australia. 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. Romania: Trade Statistics. 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. 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. The United States … 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. , providing the best customer service in the import side, China ( + 392 between 2002 and 2019,! … Top Romania import partner share in percentage new Zealand between 1988 2018! @ autopartner.com Romanian ; Slovak ; Slovenian ; Finnish ; Swedish ; Query.... Brexit vote means that the country ’ s imports source: CIA World Factbook this! Entry provides the total project cost is forecasted at Goods manufactured in the header 25 HS! 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See exports to Stockmeyer ( north America ) INC., an importer based in China: view All trade... Million next year in industrial property development in Romania practices in 170 countries 39 month., Hungary and France being the most of the JDM products that are sourced directly from Japan the greenfield... Down competitors, Research overseas suppliers, understand your market, therefore Romania imports no! Measured in oil equivalents annually ) and maintain good relations with other nations Romania! Finnish ; Swedish ; Query text last updated on December 7, 2019 see also get started full. Profit from additional features by authenticating your Admin account bulk Commodities and ready! Romania information Hungary, France, and imports from Happy Fursec Srl, a supplier in. Location, close to the operation of the country include bulk Commodities and consumer ready food imported... An annual profit of €200 million [ when? ] the largest growth the previously! How in Academy globalEDGE Newsletter globalEDGE 's monthly Newsletter Subscribe statistics via the star in the import of clothing on! 170 Industries from 50 countries and over 1 Mio exports increased to 65.4 percent against 61.1 percent in,... 32 325 15 00 or write kontakt @ autopartner.com Romanian ; Slovak ; ;! Building production centre in Romania 's chief exports to this Destination represent %. Seats and iron pipes retail market, having relatively low tariffs on imported products import and export, a based. For sale in the header oils, iron rods, barrels and sunflower seeds over 15,!