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Romania

Romania ranked No. 70 in total trade value through February with a total of $513.48 million. Exports totaled $134.13 million and Imports totaled $379.35 million, a deficit of $245.22 million.

January – February 2019

Top Trading Ports

Total Trade: $513.48 million

RankPortTotal YTD
1Port of Newark $43,136,149
2Port of Charleston $42,301,613
3Port of Houston $41,028,537
4Port of Freeport, Texas $33,286,858
5John F. Kennedy International Airport $28,427,104
6Port of Savannah, Ga. $27,534,934
7Port of Baltimore, Md. $24,703,072
8Port of Virginia $23,490,666
9Cleveland’s Hopkins International Airport, Ohio $21,845,258
10Chicago O’Hare International Airport $18,572,311

U.S. trade with Romania rose to $513.48 million through February

Romania’s trade with the United States rose to $513.48 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 5.78 percent below its total trade during the same time period last year. Romania’s exports decreased 7.71 percent while imports fell 5.07 percent. The U.S. deficit with Romania was $245.22 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Newark; No. 2 Port of Charleston; No. 3 Port of Houston; No. 4 Port of Freeport, Texas; and No. 5 John F. Kennedy International Airport. 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 Port of New Orleans and No. 5 Port of Virginia. In the current time period, the top five accounted for 36.65 percent of Romania’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark fell 9.43 percent to $43.14 million.
    Exports fell 2.02 percent to $5.94 million. Imports fell 10.51 percent to $37.2 million.
  • Trade with No. 2 Port of Charleston rose 0.12 percent to $42.3 million.
    Exports fell 31.99 percent to $1.96 million. Imports rose 2.46 percent to $40.35 million.
  • Trade with No. 3 Port of Houston fell 33.91 percent to $41.03 million.
    Exports rose 33.73 percent to $7.94 million. Imports fell 41.06 percent to $33.09 million.
  • Trade with No. 4 Port of Freeport, Texas rose 126.3 percent to $33.29 million.
    There were no exports. Imports rose 126.3 percent to $33.29 million.
  • Trade with No. 5 John F. Kennedy International Airport rose 35.61 percent to $28.43 million.
    Exports rose 82.85 percent to $9.68 million. Imports rose 19.65 percent to $18.75 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. 68.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Romania by value through February were the categories of Coal, briquettes; Cell phones, related equipment; Petroleum products; Insulated wire, cable; and Tractors, respectively. They accounted for 25.99 percent of total exports to Romania.

The value of the top five categories of U.S. imports from Romania –– Rubber tires; Steel ingots; Motor vehicle parts; Cell phones, related equipment; and Seamless iron tubes and pipes –– accounted for 28.79 percent of all inbound shipments.

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

  • Coal, briquettes rose 27.95 percent compared to last year to $10 million.
  • Cell phones, related equipment rose 127.47 percent compared to last year to $7.21 million.
  • Petroleum products totaled $6.26 million. The previous year, there were no exports in this category.
  • Insulated wire, cable fell 5.82 percent compared to last year to $5.9 million.
  • Tractors fell 40.41 percent compared to last year to $5.49 million.

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

  • Rubber tires rose 34.4 percent compared to last year to $30.13 million.
  • Steel ingots totaled $29.91 million. The previous year, there were no imports in this category.
  • Motor vehicle parts fell 5.07 percent compared to last year to $17.8 million.
  • Cell phones, related equipment fell 59.38 percent compared to last year to $16.74 million.
  • Seamless iron tubes and pipes fell 21.43 percent compared to last year to $14.64 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.