
China’s economy is a bit jittery, it’s facing challenges, and you can see that in the trade data. Romania buys a lot from China, but this time there is a decrease in trade, which is also reflected in the reduction of the trade deficit.
It’s true, it’s big compared to China: in the first 6 months of this year, the deficit amounted to 2.81 billion euros, but it decreased by 8.4%, according to data sent by the National Institute of Statistics at the request of HotNews.ro
How much did we import and what exactly from the Chinese
The import of products from China for the first six months of the current year amounted to 3.28 billion euros, which is 9.3% less.
We mainly import:
Telephones – 183.3 million euros
Printed circuits – 143.4 million euros
Electric transformers – 97.5 million euros
Information processing machines and their blocks – 95 million euros
Spare parts and accessories for cars, motorcycles, bicycles – 88 million euros
Machines and devices for air conditioning – 71.8 million euros
Gas, liquid or electricity meters, including meters for their verification – 55.6 million euros
Electric motors and generators – 55.5 million euros
Lighting devices (including projectors) – 49 million euros
Faucets and similar items for pipes, boilers, tanks – 47.6 million euros
Wire, cables (including coaxial cables) and other insulated electrical conductors – 39.8 million euros
New pneumatic tires – 37.5 million euros
Integrated schemes – 37.1 million euros
Water heaters – 37 million euros
Seats – 34.8 million euros
Air or vacuum pumps – 33.4 million euros
Electric accumulators – 30.3 million euros
What the Chinese market demands from us
Romania’s exports to China are very small and amount to 471.9 million euros. For the first 6 months of 2022, the amount amounted to 551.2 million euros.
When it comes to what we ship there, we highlight the following products:
Ball, bucket, roller or needle bearings – 49 million euros
Agglomerated boards, panels called “oriented strand board” (OSB) and similar panels – 45.3 million euros
Tables, panels, consoles, desks, cabinets and other supports equipped with several devices for switching, cutting, protecting, connecting, connecting or connecting electric circuits – €32.9 million
Petroleum coke, petroleum bitumen and other petroleum residues – 40.6 million euros
Appliances and devices, even with electric heating – 21.6 million euros
Copper ores and their concentrates – 20.8 million euros
Pipes, tubes and tubular profiles without welding of cast iron or steel – EUR 15.2 million
Photo source: Dreamstime.com
Source: Hot News

Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.