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Romania

Romania ranked No. 70 in total trade value through October with a total of $3.04 billion. Exports totaled $848.16 million and Imports totaled $2.19 billion, a deficit of $1.34 billion.

January – October 2018

Top Trading Ports

Total Trade: $3.04 billion

RankPortTotal YTD
1Port of Houston $269,580,506
2Port of Newark $249,532,328
3Port of Charleston $237,544,810
4Port of Savannah, Ga. $151,117,430
5Port of Virginia $138,686,887
6John F. Kennedy International Airport $137,983,420
7Cleveland’s Hopkins International Airport, Ohio $132,435,928
8Port of Baltimore, Md. $127,960,428
9Chicago O’Hare International Airport $126,707,363
10Port of Freeport, Texas $110,587,422

U.S. trade with Romania rose to $3.04 billion through October

Romania’s trade with the United States rose to $3.04 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 15.01 percent above its total trade during the same time period last year. Romania’s exports increased 8.24 percent while imports rose 17.86 percent. The U.S. deficit with Romania was $1.34 billion.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 Port of Newark; No. 3 Port of Charleston; No. 4 Port of Savannah, Ga.; and No. 5 Port of Virginia. During the same period the previous year, the top five were No. 1 Port of Houston No. 2 Port of Newark No. 3 Port of Charleston No. 4 John F. Kennedy International Airport and No. 5 Port of Virginia. In the current time period, the top five accounted for 34.42 percent of Romania’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston fell 14.52 percent to $269.58 million.
    Exports rose 38.77 percent to $37.95 million. Imports fell 19.58 percent to $231.63 million.
  • Trade with No. 2 Port of Newark fell 0.99 percent to $249.53 million.
    Exports fell 40.23 percent to $28 million. Imports rose 7.97 percent to $221.53 million.
  • Trade with No. 3 Port of Charleston fell 1.44 percent to $237.54 million.
    Exports fell 25.44 percent to $11.36 million. Imports rose 0.17 percent to $226.19 million.
  • Trade with No. 4 Port of Savannah, Ga. rose 14 percent to $151.12 million.
    Exports rose 43.16 percent to $25.16 million. Imports rose 9.54 percent to $125.96 million.
  • Trade with No. 5 Port of Virginia fell 5.53 percent to $138.69 million.
    Exports fell 3.13 percent to $33.29 million. Imports fell 6.26 percent to $105.4 million.

Romania ranked No. 70 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 72.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Romania by value through October were the categories of Civilian aircraft, parts; Gasoline, other fuels; Tractors; Insulated wire, cable; and Cell phones, related equipment, respectively. They accounted for 35.93 percent of total exports to Romania.

The value of the top five categories of U.S. imports from Romania –– Cell phones, related equipment; Rubber tires; Seamless iron tubes and pipes; Motor vehicle parts; and Steel ingots –– accounted for 30.88 percent of all inbound shipments.

Looking more closely at U.S. exports to Romania:

  • Civilian aircraft, parts fell 1.53 percent compared to last year to $115.27 million.
  • Gasoline, other fuels rose 204.79 percent compared to last year to $67.1 million.
  • Tractors rose 14.54 percent compared to last year to $47.19 million.
  • Insulated wire, cable rose 49.55 percent compared to last year to $40.18 million.
  • Cell phones, related equipment fell 62.66 percent compared to last year to $35.03 million.

Looking more closely at U.S. imports from Romania:

  • Cell phones, related equipment rose 15.07 percent compared to last year to $240.77 million.
  • Rubber tires fell 9.8 percent compared to last year to $146.82 million.
  • Seamless iron tubes and pipes rose 36.27 percent compared to last year to $100.65 million.
  • Motor vehicle parts fell 4.3 percent compared to last year to $97.26 million.
  • Steel ingots rose 11023 percent compared to last year to $91.3 million.

In the latest annual figures available, Romania recorded $3.15 billion in trade with the United States. At year’s end, its were New York City; Houston; Charleston; Atlanta/Savannah; and Chicago. Total U.S. exports to Romania were $ 948.14 million and imports from Romania were $2.2 billion. The U.S. deficit with Romania was $1.25 billion.