Freight to and from Romania
Freight transit time from the UK to or from Romania 3 days full load, 4 days part load.
Romania, Exports and Imports
As of September 17, 2009, Romania ranked 55 globally in terms of exports and 42 in terms of imports.
Leading exports include: machinery and equipment; textiles and footwear; metals and metal products; machinery and equipment; minerals and fuels; chemicals; agricultural products.
Leading imports include: machinery and equipment; fuels and minerals; chemicals; textile and products; metals; agricultural products. The main European imports to Romania are from: Germany 16.1%, Italy 11.2%, Hungary 7.3%, France 5.6%, Turkey 4.9%; Austria 4.8% and Russia 5.9%.
Romania, General Information
Romania is a middle income European Union member economy of Central-Eastern Europe. It has been referred as a "Tiger" due to its high growth rates and rapid development. Until 2009, Romanian economic growth was among EU’s fastest. Gross domestic product contracted 7.1% in the third quarter of 2009 from the same period a year earlier, and the IMF estimates that the budget deficit will be as high as 7.8% of GDP.
Romania has the 11th largest economy in the European Union by total nominal GDP and the 8th largest based on purchasing power parity and is one of the fastest growing markets in recent history with consistent annual GDP growth rates above 6%. Romania is a member of the European Union (7th largest country), its most important trading partner. Its capital, Bucharest, is one of the largest financial and industrial centres in the region, with a metropolitan area of more than 2.6 million people. Romania has experienced growth in foreign investment with a cumulative FDI totaling more than $100 billion since 1989.