Romania is an upper-middle income economy and is a member of the European Union. With a GDP of $263.9 Billion, Romania is in the top 50 of world economies. Romania recorded a $7,830 million trade deficit in goods in 2010, giving it one of the largest trade deficits in Eastern Europe. It has the 52nd largest labor force in the world, with 9.252 million, 49% of which work in the service sector.
In 2011, U.S.-Romania trade in goods and services totaled $2,347 million. U.S. agricultural machinery and equipment, energy, environmental technologies, healthcare, information technology, packaging equipment and waste recycling, and chemicals are particularly attractive to Romanian importers. Principal Romanian exports to the United States are fertilizers, insecticides and pesticides, industrial machinery and equipment, metals and metal products, textiles and footwear, and civilian aircraft engines.
The U.S. Commercial Service in Romania promotes economic prosperity, enhances job creation, and strengthens national security through a global network of the best international trade professionals in the world.
It promotes and protects U.S. commercial interests abroad and delivers customized solutions to ensure that U.S. businesses compete and win in the global marketplace.
BRAND USA Unveils "Discover America"
On March 4, 2012, President Obama signed legislation into law the United States' first national travel promotion program, the U.S. Travel Promotion Act, part of the President’s initiative to increase travel to the United States. This federal legislation established BRAND USA, a public-private partnership between the travel industry and the U.S. government dedicated to increasing international visitation to the U.S. BRAND USA’s recently launched website, "Discover America", offers in-depth coverage of the 50 states, five U.S. territories, and 50+ individual city destinations, as well as hundreds of useful links. More information at http://www.discoveramerica.com
SelectUSA was established by Executive Order of the President and is housed within the U.S. Department of Commerce. SelectUSA is a U.S. government-wide effort to encourage, facilitate, and accelerate business investment in the United States by both domestic and foreign firms—a major engine of economic growth and job creation.
SelectUSA provides enhanced coordination to existing resources and functions within the U.S. Department of Commerce and across all federal departments and agencies with operations relevant to business investment. It works in partnership with state, regional, and local economic development organizations to promote and facilitate overall U.S. business attraction and retention. SelectUSA works on behalf of the United States and exercises strict geographic neutrality. More information at http://selectusa.commerce.gov/
National Export Initiative
The White House has released a report to the President on the National Export Initiative (NEI). The report outlines ways the U.S. government can expand efforts to help U.S. businesses win more foreign government contracts, find buyers worldwide, participate in more trade missions and trade shows, receive more export financing, and learn new ways to sell products and services overseas. A central focus of the plan is to provide additional assistance to small and medium-sized businesses, which are major drivers of new job creation.
More information at: http://export.gov/nei/
+4021- 200- 3300
•Counselor for Economic Affairs
Michael P. Stewart
•Counselor for Commercial Affairs
Gregory J. O'Connor
•Counselor for Agricultural Affairs
Russell Nicely (based in Warsaw)
Country Commercial Guide
Romania Commercial Guide
2015 Country Commercial Guide for Romania
American Chamber of Commerce
U.S. Department of Agriculture
U.S. Department of State
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