{"id":3755,"date":"2025-02-18T07:01:28","date_gmt":"2025-02-18T07:01:28","guid":{"rendered":"https:\/\/ofero.news\/?p=3755"},"modified":"2025-02-18T07:01:28","modified_gmt":"2025-02-18T07:01:28","slug":"romania-germany-trade-reaches-eur-42-1-bln-in-2024-after-modest-growth","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=3755","title":{"rendered":"Romania-Germany trade reaches EUR 42.1 bln in 2024 after modest growth"},"content":{"rendered":"<p>Trade between Romania and Germany reached EUR 42.1 billion in 2024, maintaining Romania\u2019s position as Germany\u2019s 17th-largest trading partner, according to data from the German Federal Statistical Office (Destatis), released by the Romanian-German Chamber of Commerce and Industry (AHK Romania).\u00a0<\/p>\n<p>The 0.9% increase in total trade volume from 2023 was driven by Romanian exports to Germany, which rose 1.4% to EUR 19.8 billion, and German exports to Romania, which increased 0.6% to EUR 22.4 billion.\u00a0<\/p>\n<p>Despite maintaining strong trade relations, growth was subdued due to economic headwinds in Germany and the European Union.\u00a0<\/p>\n<p>\u201cRomania remains among Germany\u2019s top 20 trade partners, a sign of the strong economic ties between the two countries. However, growth has slowed due to economic difficulties in Germany and the EU,\u201d said Sebastian Metz, AHK Romania\u2019s general director.\u00a0<\/p>\n<p>He emphasized the need to boost competitiveness through lower energy costs, reduced bureaucracy, and increased innovation investments.\u00a0<\/p>\n<p>AHK Romania welcomed ongoing investments in Romania\u2019s economic infrastructure but urged the government to increase spending on education and research to at least the EU average.\u00a0<\/p>\n<p>Metz also stressed the importance of diversifying trade partnerships, calling on European policymakers to accelerate international trade agreements to reduce economic dependence on traditional markets.\u00a0<\/p>\n<p>\u201cExpanding global trade agreements will help counterbalance potential disruptions in established partnerships. The Romanian government should actively support such initiatives at the European level,\u201d he added.<\/p>\n<p><em>andrei@romania-insider.com<\/em><\/p>\n<p><em>(Photo source: <a href=\"https:\/\/www.dreamstime.com\/\" target=\"_blank\">Lliskonogaleksey\/Dreamstime.com<\/a>)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Trade between Romania and Germany reached EUR 42.1 billion in 2024, maintaining Romania\u2019s position as Germany\u2019s 17th-largest trading partner, according to data from the German Federal Statistical Office (Destatis), released by the Romanian-German Chamber of Commerce and Industry (AHK Romania).\u00a0 The 0.9% increase in total trade volume from 2023 was driven by Romanian exports to [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3755","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/3755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3755"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/3755\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}