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The EU is Romania's main trade partner in agri-food products. Romanian EU exports represent 64%, and imports from EU countries represent 54%. Other important partners are the CEFTA countries, Turkey, Republic of Moldova and the USA. [1] Romania is an important exporter of military equipment, accounting for 3-4% of the world total in 2007.
In 2016, Romania was the 46th largest exporter of goods in the world. [4] In 2015, Romania's largest trading partner was Germany, followed by Italy. Romania's main exports to Germany were insulated wire, cars and vehicle parts, whereas its main German imports are cars and vehicle parts.
Below is a table of Romania's neighbouring countries, their GDP per capita, and trade values between the pairs. In 2017, 11.58% of Romanian exports went to its neighbours; while 12.95% of imports came from these five countries. For comparison, Germany alone accounted for 23% of Romania's exports and 20.1% of its imports. [69]
Romania will remain Ukraine's largest alternative export route for grains and other goods in addition to Kyiv's own Black Sea corridor, a senior U.S. State Department official said on Thursday.
The agreement strengthened the Third Reich economically and placed at its disposal the resources of Romania at a time Hitler was planning to invade Poland. The British government was alarmed by that development, and on 13 April 1939 committed itself to the defense of Romania from German aggressive designs on its sovereignty.
BUCHAREST (Reuters) -Roughly 60% of Ukraine's grain exports could transit through neighbouring Romania after Russia quit a U.N.-brokered safe passage deal through the Black Sea, Romanian Prime ...
The Galați County has an economy mostly based upon the ArcelorMittal steel mill with a capacity of 5 million tonnes and that represents 3.8% of Romania's exports. [14] The Olt County is an important metallurgy region with the Alro Slatina company producing 288,000 tonnes of aluminium in 2008 making it the largest aluminium smelter in Central ...
Germany has declared certain regions in Romania and Bulgaria as risk areas after an increase in COVID-19 infections there, as Europe struggles to control an uptick in cases during the summer season.