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Economic relations

Bilateral trade between France and Romania continued to increase in 2011 (+11%), but with less dynamism than in 2010 (+23%). Accordingly, France dropped one place to the benefit of Hungary and is now Romania’s fourth-biggest trading partner.

French exports remained stable at the same rate of growth as 2010. Our trade deficit fell 36.5% in 2011. Approximately one fourth of Romania’s exports to France are motor vehicles (Dacia). The sound performance of French exports to Romania is due mainly to industrial demand, which remains strong. They reached the historical record of 2.89 billion euros in 2011, after an increase of 13.2%. French imports of goods and services reached a record level of 3.18b euros after growing continuously over the past decade.

From a surplus situation in 2008, France moved, in 2010, to a trade deficit of 486 million euros, which dropped 38% in 2011 to 287 million euros. France might return to a trade surplus situation with Romania in early 2012.

Updated on 24.08.12

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