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Romania

Romania ranked No. 69 in total trade value through May with a total of $1.41 billion. Exports totaled $395.18 million and Imports totaled $1.01 billion, a deficit of $617.07 million.

January – May 2019

Top Trading Ports

Total Trade: $1.41 billion

RankPortTotal YTD
1Port of Charleston $117,614,182
2Port of Newark $116,011,880
3Port of Houston $104,390,763
4Port of Baltimore, Md. $82,981,475
5Port of Savannah, Ga. $80,164,886
6John F. Kennedy International Airport $79,284,043
7Port of Virginia $62,801,782
8Cleveland’s Hopkins International Airport, Ohio $56,616,248
9Chicago O’Hare International Airport $51,778,415
10Port of Freeport, Texas $48,116,282

U.S. trade with Romania rose to $1.41 billion through May

Romania’s trade with the United States rose to $1.41 billion through the first five months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 0.45 percent above its total trade during the same time period last year. U.S. exports to Romania increased 13.23 percent while U.S. imports from Romania fell 3.79 percent. The U.S. deficit with Romania was $617.07 million.

Through May, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Charleston; No. 2 Port of Newark; No. 3 Port of Houston; No. 4 Port of Baltimore, Md.; and No. 5 Port of Savannah, Ga.. 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 Chicago O’Hare International Airport and No. 5 Port of Virginia. In the current time period, the top five accounted for 35.61 percent of Romania’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Charleston rose 5.21 percent to $117.61 million.
    Exports fell 54.94 percent to $2.85 million. Imports rose 8.82 percent to $114.76 million.
  • Trade with No. 2 Port of Newark rose 2.26 percent to $116.01 million.
    Exports rose 22.77 percent to $16.32 million. Imports fell 0.46 percent to $99.69 million.
  • Trade with No. 3 Port of Houston fell 24.84 percent to $104.39 million.
    Exports rose 22.89 percent to $22.72 million. Imports fell 32.17 percent to $81.67 million.
  • Trade with No. 4 Port of Baltimore, Md. rose 16.9 percent to $82.98 million.
    Exports rose 12.01 percent to $50.42 million. Imports rose 25.36 percent to $32.57 million.
  • Trade with No. 5 Port of Savannah, Ga. rose 6.78 percent to $80.16 million.
    Exports rose 16.45 percent to $12.33 million. Imports rose 5.2 percent to $67.83 million.

Romania ranked No. 69 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 69.

Meanwhile, total U.S. trade with the world increased to $1.71 trillion, up 0.56 percent compared to the same period last year. The nation’s exports climbed 0.12 percent to $685.55 billion; imports climbed 0.86 percent to $1.03 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $342.77 billion, up compared to the same period of last year when the deficit was $334.82 billion.

The top five U.S. exports to Romania by value through May were the categories of Tractors; Coal, briquettes; Petroleum products; Insulated wire, cable; and Cell phones, related equipment, respectively. They accounted for 29.52 percent of total exports to Romania.

The value of the top five categories of U.S. imports from Romania –– Rubber tires; Cell phones, related equipment; Motor vehicle parts; Steel ingots; and Ball bearings, roller bearings, parts –– accounted for 27.16 percent of all inbound shipments.

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

  • Tractors rose 22.44 percent compared to last year to $32.49 million.
  • Coal, briquettes rose 187.9 percent compared to last year to $26.1 million.
  • Petroleum products rose 319.18 percent compared to last year to $20.32 million.
  • Insulated wire, cable rose 7.14 percent compared to last year to $19.81 million.
  • Cell phones, related equipment rose 105.68 percent compared to last year to $17.95 million.

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

  • Rubber tires rose 32.4 percent compared to last year to $84.72 million.
  • Cell phones, related equipment fell 58 percent compared to last year to $55.92 million.
  • Motor vehicle parts rose 5.49 percent compared to last year to $51.09 million.
  • Steel ingots rose 217.96 percent compared to last year to $44.74 million.
  • Ball bearings, roller bearings, parts fell 0.92 percent compared to last year to $38.51 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.