Romania

Romania ranked No. 69 in total trade value in 2019 with a total of $3.33 billion. Exports totaled $942.54 million and Imports totaled $2.38 billion, a deficit of $1.44 billion.

U.S. trade with Romania rose to $3.33 billion in 2019

Romania’s trade with the United States rose to $3.33 billion in 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 10.05 percent below its total trade of 2018. U.S. exports to Romania decreased 14.95 percent while U.S. imports from Romania fell 7.96 percent. The U.S. deficit with Romania was $1.44 billion.

Through December 2019, 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 John F. Kennedy International Airport; No. 4 Port of Houston; and No. 5 Port of Savannah, Ga.. In 2018, the top five 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 John F. Kennedy International Airport. In 2019, the top five accounted for 36.02 percent of Romania’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Charleston rose 8.34 percent to $309.54 million.
    Exports rose 26.31 percent to $15.95 million. Imports rose 7.51 percent to $293.58 million.
  • Trade with No. 2 Port of Newark fell 3.81 percent to $294.3 million.
    Exports fell 18.24 percent to $36.78 million. Imports fell 1.32 percent to $257.52 million.
  • Trade with No. 3 John F. Kennedy International Airport rose 22.19 percent to $211.91 million.
    Exports rose 43.17 percent to $80.24 million. Imports rose 12.17 percent to $131.68 million.
  • Trade with No. 4 Port of Houston fell 43.31 percent to $208.05 million.
    Exports fell 49.61 percent to $45.81 million. Imports fell 41.23 percent to $162.24 million.
  • Trade with No. 5 Port of Savannah, Ga. fell 1.66 percent to $174.3 million.
    Exports rose 39.88 percent to $38.1 million. Imports fell 9.2 percent to $136.2 million.

Romania ranked No. 69 among the United States’ top trade partners in 2019. In 2018, it ranked No. 69.

Meanwhile, total U.S. trade with the world decreased to $4.14 trillion, down 1.37 percent compared to 2018. The nation’s exports dropped 1.13 percent to $1.65 trillion; imports dropped 1.53 percent to $2.5 trillion. The nation’s top five countries for 2019, by value, were Mexico; Canada; China; Japan and Germany. The overall trade deficit was $853.23 billion, down compared to 2018 when the deficit was $873.19 billion.

The top five U.S. exports to Romania by value through December 2019 were the categories of Cell phones, related equipment; Coal, briquettes; Insulated wire, cable; Tractors; and Civilian aircraft, parts, respectively. They accounted for 26 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; Motor vehicle parts; Ball bearings, roller bearings, parts; and Steel ingots –– accounted for 26.75 percent of all inbound shipments.

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

  • Cell phones, related equipment rose 39.73 percent compared to last year to $62.05 million.
  • Coal, briquettes rose 78.69 percent compared to last year to $53.18 million.
  • Insulated wire, cable fell 1.48 percent compared to last year to $47.08 million.
  • Tractors fell 10.91 percent compared to last year to $44.83 million.
  • Civilian aircraft, parts fell 71.27 percent compared to last year to $37.93 million.

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

  • Cell phones, related equipment fell 33.68 percent compared to last year to $184.06 million.
  • Rubber tires fell 17.18 percent compared to last year to $145.45 million.
  • Motor vehicle parts rose 8.83 percent compared to last year to $125.8 million.
  • Ball bearings, roller bearings, parts fell 1.75 percent compared to last year to $91.53 million.
  • Steel ingots fell 0.63 percent compared to last year to $90.73 million.

In 2018 annual figures available, Romania recorded $3.7 billion in trade with the United States. Total U.S. exports to Romania were $1.11 billion and imports from Romania were $2.59 billion. The U.S. deficit with Romania was $1.48 billion.