Ascultă Radio România Actualitaţi Live

Romania’s Exports

The National Statistics Institute has announced that Romania’s exports in 2013 reached a record level of close to 50 billion euros, 10% more than in 2012.

Romania’s Exports
Foto: Arhivă.

Articol de Radio România Internaţional, 12 Februarie 2014, 09:51

In spite of the economic crisis, Romania reported a notable performance last year.

The National Statistics Institute has announced that exports reached an all-time high of close to 50 billion euros, five times more than the country’s Communist-era record.

Experts warn however that the limited range of Romanian exports are a weakness.

Much of last year’s exports was accounted for by cars, transport equipment and other manufactured goods. Economic analyst Aurelian Dochia explains:

“There are several sectors, or even several large companies that provide most of Romania’s exported goods, and this is obviously a source of vulnerability. If, for instance, the car market saw a downward trend, our exports and implicitly our economy would be seriously affected. So a greater diversity of the sectors and companies with good export performances would be desirable.”

Romania continues to depend on its European partners, particularly on Eurozone countries, although lately some of its exports have been channeled outside the EU as well. Analyst Aurelian Dochia says that next year the Romanian exports will remain closely tied to the developed economies in Europe:

“I believe we should wait for another month, at least, before we can make predictions in this respect. We should see the data for January and February, because we have seen before slow-down periods followed by a vigorous recovery. It is the situation in Europe that will largely shape our export performance in 2014, and if Europe’s economy recovers, Romania’s exports are likely to rise this year. Otherwise, the weaknesses noticed in the last two months of 2013 risk carrying on throughout 2014.”

On the other hand, the gap between exports and imports, the trade deficit, has narrowed significantly since 2012.

Experts believe that is due to the growth of the Romanian economy last year by 2.8%, one of the highest growth rates in the European Union.

More news on RRI.

Senate President: Motion to impeach Education Minister has no chance of success
News in English 15 Septembrie 2025, 17:15

Senate President: Motion to impeach Education Minister has no chance of success

The Senate President, Liberal Mircea Abrudean, states that the simple motion submitted by AUR to Education Minister Daniel...

Senate President: Motion to impeach Education Minister has no chance of success
Ministry of Foreign Affairs welcomes the launch of Operation "Eastern Sentinel"
News in English 13 Septembrie 2025, 18:40

Ministry of Foreign Affairs welcomes the launch of Operation "Eastern Sentinel"

The Ministry of Foreign Affairs in Bucharest welcomes the launch of the new increased vigilance activity on NATO's...

Ministry of Foreign Affairs welcomes the launch of Operation "Eastern Sentinel"
Romania and Bulgaria to host multinational exercise "Dacian Fall 2025"
News in English 13 Septembrie 2025, 18:38

Romania and Bulgaria to host multinational exercise "Dacian Fall 2025"

Romania and Bulgaria will host the multinational exercise "Dacian Fall 2025" next month, involving over 5.000...

Romania and Bulgaria to host multinational exercise "Dacian Fall 2025"
Moody's affirms Romania's rating
News in English 13 Septembrie 2025, 18:37

Moody's affirms Romania's rating

The international rating agency Moody's has affirmed Romania's rating at the last step in the investment grade...

Moody's affirms Romania's rating
Health is the area that lost the most money from the NRRP
News in English 13 Septembrie 2025, 18:35

Health is the area that lost the most money from the NRRP

Vaslui County Hospital is on the list of medical units whose projects can no longer be financed through the NRRP and will be...

Health is the area that lost the most money from the NRRP
PSD presents economic recovery package
News in English 12 Septembrie 2025, 16:29

PSD presents economic recovery package

PSD presented an economic recovery package on Thursday. The party's interim president, Sorin Grindeanu, said that all...

PSD presents economic recovery package
Romania condemns violation of Polish airspace by Russian drones
News in English 12 Septembrie 2025, 16:28

Romania condemns violation of Polish airspace by Russian drones

The Ambassador of the Russian Federation in Bucharest was summoned on Thursday to the headquarters of the Ministry of Foreign...

Romania condemns violation of Polish airspace by Russian drones
Moldovan spy case: "I can't tell you more", says President Dan
News in English 10 Septembrie 2025, 21:28

Moldovan spy case: "I can't tell you more", says President Dan

Information about counterintelligence measures taken by the authorities is declassified only when circumstances allow it,...

Moldovan spy case: "I can't tell you more", says President Dan

Radio România

Premierul Spaniei cere excluderea Israelului din competițiile sportive internaționale

Premierul Spaniei cere excluderea Israelului din competițiile sportive internaționale

Premierul Spaniei cere excluderea Israelului din competițiile sportive internaționale
VÂLCEA: Parc de aventură în stațiunea Băile Govora. Investiția se ridică la 6 milioane de euro

VÂLCEA: Parc de aventură în stațiunea Băile Govora. Investiția se ridică la 6 milioane de euro

VÂLCEA: Parc de aventură în stațiunea Băile Govora. Investiția se ridică la 6 milioane de euro
BUCUREȘTI: Sterilizări gratuite pentru câini și pisici

BUCUREȘTI: Sterilizări gratuite pentru câini și pisici

BUCUREȘTI: Sterilizări gratuite pentru câini și pisici
Preşedintele Nicușor Dan, despre drona care a pătruns în spațiul aerian românesc: Ştim că este rusească

Preşedintele Nicușor Dan, despre drona care a pătruns în spațiul aerian românesc: Ştim că este rusească

Preşedintele Nicușor Dan, despre drona care a pătruns în spațiul aerian românesc: Ştim că este rusească