Asymmetries of Romania's Foreign Trade. Descriptive Analysis for 2012-2022

This study analyses Romania's foreign trade dynamics from 2012 to 2024, focusing on export-import trends, trade balance, and the impact of EU integration as major indicators for assessing the country's economic competitiveness and integration into global value chains. It highlights the growth in exports and the persistent trade deficit driven by higher imports, which have an impact on industrial development and competitiveness, and the country's reliance on external markets. The paper suggests the need for strategic policies to promote sustainable growth and balanced trade, ultimately supporting Romania’s economic resilience and convergence with the EU, needed for fostering long-term economic stability.

Authors

Institutions

Publication Details

Journal
Bulletin of the Transilvania University of Brasov Series V Economic Sciences
Published
2024-12-20
DOI
https://doi.org/10.31926/but.es.2024.17.66.2.12
Primary Topic
International Business and FDI
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Asymmetries of Romania's Foreign Trade. Descriptive Analysis for 2012-2022

Carmen-Cristina Runceanu-Albu
Bulletin of the Transilvania University of Brasov Series V Economic Sciences
International Business and FDI
article

Asymmetries of Romania's Foreign Trade. Descriptive Analysis for 2012-2022

Carmen-Cristina Runceanu-Albu
article en

Abstract

This study analyses Romania's foreign trade dynamics from 2012 to 2024, focusing on export-import trends, trade balance, and the impact of EU integration as major indicators for assessing the country's economic competitiveness and integration into global value chains. It highlights the growth in exports and the persistent trade deficit driven by higher imports, which have an impact on industrial development and competitiveness, and the country's reliance on external markets. The paper suggests the need for strategic policies to promote sustainable growth and balanced trade, ultimately supporting Romania’s economic resilience and convergence with the EU, needed for fostering long-term economic stability.

Bulletin of the Transilvania University of Brasov Series V Economic Sciences
Transylvania University of Brașov (RO)
Openalex Percentile: Top 59%
International Business and FDI
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.