2003 was the seventh year in which Romania – U.S. trade balance was positive in the Romania's favor after almost a decade in which U.S. exports exceeded constantly exports from Romania (according to US statistical data).
The total amount of bilateral trade in goods for 2003 totaled 1,075.8 million U.S. dollars , representing an increase of 14.8 % from the 2001 level. Romanian exports to the U.S.A. totaled 729.9 million U.S. dollars , representing an increase of 5 % over the 2002 level while imports from the U.S.A. totaled 345.9 million US dollars , representing an increase of 43 % over the 2002 level.
Romania ranks the seventieth commercial partner on the U.S. (imports), representing approximately 0.048% of the U.S. imports and the seventy-forth on the U.S. (exports), representing approximately 0.033% of the U.S. exports.
In 2003, the top exported Romanian goods were:
metallurgical products – 104.3 million U.S. dollars (14.2% of total exports); |
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mineral fuels and mineral oils – 95.4 million U.S. dollars (13% of total exports); |
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textile and garments – 92.9 million U.S. dollars (12.6% of total exports); |
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electrical machinery - 71.4 million US dollars (9.9% of total exports). |
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machinery and mechanical equipment – 67.7 million US dollars (9.2% of total exports ) |
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furniture – 56.3 million U.S. dollars (7.7% of total exports). |
In 2003 Romania's main imported U.S. goods were:
aircraft, spacecraft, and parts thereof – 109 million US dollars (31% of total imports); |
machinery and electrical equipment – 53.5 million US dollars (15.4% of total imports); |
food - 53.6 million US dollars (15.4% of total imports); |
machinery and mechanical equipment – 41.4 million US dollars (11.9% of total imports); |
optical instruments – 18.8 million U.S. dollars (5.4% of total exports). |
