Building a Strong Presence in European and Worldwide Markets

EXPORT ROMANIA

Flag_map_of_Romania

EU member since 2007

Country facts for 2014

Population: 19.91 million

GDP: $199.0 billion

GDP growth: 1.8%

Inflation: 1.1%

Exports

The total value of exports for Romania (FOB) was US$ 69,878 million in 2014

Road Transport

Major freight forwarders are located in Romania

Sea and river cargo 2013

Constantza port HUB and Danube’s ports are the gateways for our exports worldwide

Workforce

Affordable and professional workforce 
  • Language: Romanian
  • Time zone: GMT+3
  • Currency: Romanian leu (RON)
  • Dialling code: +40
  • ISO code: ROU
  • Capital city: Bucharest
  • Area: 238,391 sq km
  • Population: 21,729,871
  • Weights & measures: Metric system
  • Electricity supply: 230v. 50Hz

Exports

Machinery and equipment, metals and metal products, textiles and footwear, chemicals, agricultural products, minerals and fuels.

Imports

Machinery and equipment, chemicals, fuels and minerals, metals, textile and products, agricultural products.

Principal trading partners – exports

  • Germany: 18.9%
  • Italy: 12.3%
  • France: 7.1%
  • Turkey: 5.5%
  • Hungary: 5.5%

Principal trading partners – imports

  • Germany: 17.5%
  • Italy: 11%
  • Hungary: 9.1%
  • France: 5.7%
  • Russia: 4.4%

Composition of GDP (2013)

  • Services: 59.4%
  • Industry: 34.2%
  • Agriculture: 6.4%

Banks

Banks of Romania

  • Alpha Bank
  • Argenta
  • ATEBank
  • Banca Comerciala Carpatica
  • Banca Comerciala Romana
  • Banca Romana pentru Dezvoltare
  • Banca Romaneasca – National Bank of Greece Group
  • Banca Transilvania
  • Bancpost
  • Bank Leumi
  • BCF Banca Comerciala Feroviara
  • CEC Bank
  • Credit Agricole
  • Credit Europe Bank
  • Garanti Bank
  • ING Bank
  • Intesa Sanpaolo Bank
  • Libra Bank
  • Marfin Bank
  • Millennium Bank
  • NexteBank
  • OTP Bank
  • Piraeus Bank
  • Porsche Bank
  • ProCredit Bank
  • Raiffeisen Bank
  • Romanian International Bank
  • UniCredit Tiriac Bank
  • Veneto Banca
  • Volksbank

Commercial Banks

  • Blom Bank
  • BNP Paribas Fortis Bank
  • Citibank
  • Eximbank of Romania
  • Royal Bank of Scotland
  • TBI Bank EAD Sofia

Exchange controls

Romania retains some exchange controls. The import and export of currency currently requires customs declarations for amounts equivalent to €10,000 (for foreign currency) and €1,000 (for domestic currency). Money market transactions by non-banks require authorisation by the National Bank of Romania.

Overview

  • Geographic coordinates: 46 00 N, 25 00 E
  • Area: Total 238,391 sq km
  • Country ranking (in terms of size): 83
  • Land: 3229,891 sq km
  • Water: 8,500 sq km
  • Land boundaries: 2,508km
  • Coastline: 225km

Location

South-eastern Europe; bordering the Black Sea, between Bulgaria and Ukraine.

Climate

Temperate; cold, cloudy winters with frequent snow and fog; sunny summers with frequent showers and thunderstorms.

Terrain

The Central Transylvanian Basin is separated from the Moldavian Plateau by the Eastern Carpathian Mountains and separated by the Walachian Plain by the Transylvanian Alps.

Elevation extremes

  • Lowest point: Black Sea 0m
  • Highest point: Moldoveanu 2,544m

Natural resources

Petroleum (reserves declining), timber, natural gas, coal, iron ore, salt, arable land and hydro power.