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Romania

Romania ranked No. 70 in total trade value through March with a total of $817.91 million. Exports totaled $223.98 million and Imports totaled $593.93 million, a deficit of $369.95 million.

January – March 2019

Top Trading Ports

Total Trade: $817.91 million

RankPortTotal YTD
1Port of Newark $66,415,428
2Port of Houston $65,423,173
3Port of Charleston $61,972,750
4Port of Baltimore, Md. $50,443,717
5Port of Freeport, Texas $48,116,282
6John F. Kennedy International Airport $45,348,046
7Port of Savannah, Ga. $42,896,994
8Cleveland’s Hopkins International Airport, Ohio $36,237,971
9Port of Virginia $33,306,171
10Chicago O’Hare International Airport $30,348,266

U.S. trade with Romania rose to $817.91 million through March

Romania’s trade with the United States rose to $817.91 million through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 4.32 percent below its total trade during the same time period last year. Romania’s exports increased 0.47 percent while imports fell 6.01 percent. The U.S. deficit with Romania was $369.95 million.

Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Newark; No. 2 Port of Houston; No. 3 Port of Charleston; No. 4 Port of Baltimore, Md.; and No. 5 Port of Freeport, Texas. 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 Virginia and No. 5 Chicago O’Hare International Airport. In the current time period, the top five accounted for 35.75 percent of Romania’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark fell 7.8 percent to $66.42 million.
    Exports fell 3.72 percent to $8.27 million. Imports fell 8.36 percent to $58.15 million.
  • Trade with No. 2 Port of Houston fell 22.38 percent to $65.42 million.
    Exports rose 2.64 percent to $11.98 million. Imports fell 26.4 percent to $53.44 million.
  • Trade with No. 3 Port of Charleston fell 7.84 percent to $61.97 million.
    Exports fell 45.39 percent to $2.35 million. Imports fell 5.28 percent to $59.63 million.
  • Trade with No. 4 Port of Baltimore, Md. rose 23.17 percent to $50.44 million.
    Exports rose 23.59 percent to $31.78 million. Imports rose 22.47 percent to $18.66 million.
  • Trade with No. 5 Port of Freeport, Texas rose 71.64 percent to $48.12 million.
    There were no exports. Imports rose 71.64 percent to $48.12 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. 67.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 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 $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Romania by value through March were the categories of Tractors; Petroleum products; Coal, briquettes; Cell phones, related equipment; and Insulated wire, cable, respectively. They accounted for 28.67 percent of total exports to Romania.

The value of the top five categories of U.S. imports from Romania –– Rubber tires; Steel ingots; Cell phones, related equipment; Motor vehicle parts; and Seamless iron tubes and pipes –– accounted for 30.39 percent of all inbound shipments.

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

  • Tractors rose 28.46 percent compared to last year to $16.82 million.
  • Petroleum products rose 172.81 percent compared to last year to $13.22 million.
  • Coal, briquettes rose 36.78 percent compared to last year to $12.4 million.
  • Cell phones, related equipment rose 118.94 percent compared to last year to $11.21 million.
  • Insulated wire, cable fell 2.07 percent compared to last year to $10.56 million.

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

  • Rubber tires rose 40.84 percent compared to last year to $49.35 million.
  • Steel ingots rose 217.96 percent compared to last year to $44.74 million.
  • Cell phones, related equipment fell 51.95 percent compared to last year to $36.51 million.
  • Motor vehicle parts fell 5.45 percent compared to last year to $27.46 million.
  • Seamless iron tubes and pipes fell 18.95 percent compared to last year to $22.44 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.