National Institute of Statistics

Department of Foreign Trade Statistics

National Institute of Statistics -16 Libertatii Av, Sector 5, Bucharest, Romania

International trade in goods statistics (ITGS) published by Eurostat measure the value and quantity of goods traded between the EU Member States (intra-EU trade) and goods traded by the EU Member States with non-EU countries (extra-EU trade). ‘Goods’ means all movable property including electricity. ‘European’ means that the statistics are compiled on the basis of the concepts and definitions set out in EU legislation.

Trade by invoicing currency (TIC) data are part of the information available for extra-EU trade. The invoicing currency is the currency in which the commercial invoice is drawn up. Data by invoicing currency can be used for instance to explore the use of the euro in the EU’s international trade, to compare it with the role of the United States dollar (USD) or to analyse the role of the euro in the euro area and in the EU. These statistics are very useful to central banks, including the European Central Bank, for comparing the euro with other major international currencies. These data are also used by financial market segments or foreign investors.

Statistical dimensions available for TIC data:

• reporting country;
• partner country;
• reference period;
• trade flows;
• product; and
• currency.

Product classification

The Standard International Trade Classification (SITC) is managed by the United Nations and correlated with the subheadings of the Harmonised System. SITC Rev. 4 comprises 2970 basing headings which are aggregated into 262 groups, 67 divisions and 10 sections. TIC data are based on the section level complemented by the division 33 ”oil”.

Country classification

The ‘Nomenclature of countries and territories for the external trade statistics of the Union and statistics of trade between Member States’, known as the ‘Geonomenclature’, is used to collect detailed statistics on exchanges of goods. TIC data are only disseminated at an aggregated partner level: partner ‘extra-EU’ for TIC data reported by the EU Member States and partner ‘world’ for the TIC data reported by the EFTA and enlargement countries. See the publication Geonomenclature applicable to European statistics on international trade in goods for more information (https://ec.europa.eu/eurostat/web/international-trade-in-goods/publications#methotherpub).

The scope of TIC data is the same as for monthly detailed data on extra-EU trade in goods. They cover all goods entering (imports) or leaving (exports) the national statistical territory and for which the trading partner is a non-EU country. Note that the statistical territory of Romania corresponds to its customs territory.

The exchange of goods between Romania and non-member EU states are included, having as object: the direct import of goods for consumption , the imported goods released for consumption from custom warehouses or free zones, the export of national goods and the export of imported goods declared for internal consumption.  

As ITGS in general, TIC data cover all sectors of the economy.

Reporting country – Except for some specific goods like vessels and aircraft, ITGS follow the physical movements of the goods. A country should record an import when goods enter its statistical territory and an export when goods leave that territory except if those goods are in simple transit.

Partner country – At detailed level, this is the last known country of destination for exports and the country of origin for imports. NB: when the country of origin is a EU Member State then the country of expedition is taken into consideration. However individual partner countries are not kept in the dissemination of data by invoicing currency. They are replaced by the partner area  ‘extra-EU’.

Product

2012-2020 reference periods – Goods are primarily classified by commodity code as set out in the EU Combined Nomenclature. TIC data are compiled on the basis of a correspondence table enabling the transposition of detailed data collected according to the Combined Nomenclature into the Standard International Trade Classification (SITC). TIC data are available by three product groups: Raw materials without oil (SITC sections 0-4, excluding division 33), Oil (SITC division 33) and Manufactured products (SITC sections 5-9).

2021-2022 reference period - Goods are primarily classified by commodity code as set out in the EU Combined Nomenclature. TIC data are compiled on the basis of a correspondence table enabling the transposition of detailed data collected according to the Combined Nomenclature into the Standard International Trade Classification (SITC). TIC data are available by the following product groups: Total, SITC sections 0-9 and SITC division 33.

Currency

2012-2020 reference periods – The invoicing currency is the currency in which the commercial invoice is drawn up. Its definition is provided by the customs legislation. Only the following currencies or groups of invoicing currencies are considered for data transmission to Eurostat:

• euro;
• Lei;
• US dollar;
• ‘other’ (i.e. aggregated group of currencies of all non-EU countries except the United States); and
• 'unknown' (Only for 2020).

Note on ‘unknown’ currency: Trade for which the currency is unknown should be distributed over the individual currencies or groups of currencies proportionally to their relative share except if it is known that such a distribution would skew the data in a too significant extent. In such a case, the code UNK ‘Unknown’ could exceptionally be used.

2021-2023 reference period – The invoicing currency is the currency in which the commercial invoice is drawn up. Its definition is provided by the customs legislation. Only the following currencies or groups of invoicing currencies are considered for data transmission to Eurostat:

• Euro
• Lei
• Other national currencies of non-euro area Member States [excluding UK pound]
• UK pound
• US dollar
• Brazilian real
• Canadian dollar
• Swiss franc
• Chinese renminbi-yuan
• Indian rupee
• Japanese yen
• South Korean won
• Mexican peso
• Norwegian krone
• Russian rouble
• Singapore dollar
• Turkish lira
• Unknown
• Other.

Note on ‘unknown’ currency: Trade for which the currency is unknown should be distributed over the individual currencies or groups of currencies proportionally to their relative share except if it is known that such a distribution would skew the data in a too significant extent. In such a case, the code UNK ‘Unknown’ could exceptionally be used.

The statistical unit is any natural or legal person lodging a customs declaration in Romania on the condition that the customs procedure is of statistical relevance.

The statistical population comprises all the legal or natural persons who have lodged a customs declaration with the National Customs Authority of Romania within the year.

Romania

TIC data disseminated by Eurostat

See document TIC Quality indicators.

TIC data disseminated at national level

Data are only available on request. Data available starting with 2012.

Not applicable.

For data transmission to Eurostat – Trade values (in national currency units) by invoicing currency. The value of traded goods is calculated at the national frontier, on a FOB (free on board) basis for exports and a CIF (cost, insurance, freight) basis for imports. Hence, only incidental expenses (freight, insurance) are included and they are incurred for:

• exports in the part of the journey located on the territory of the country where the goods are exported from;
• imports in the part of the journey located outside the territory of the country where the goods are imported to.

For data dissemination on Eurostat website – Share of each invoicing currency in extra-EU imports and exports.

Theoretically, the reference period for the information on international trade in goods transactions should be the calendar month of export or import of the goods. However, in practice the reference period is generally the calendar month during which the customs declaration is accepted by the National Customs Authority of Romania.

The reference years for which TIC data are disseminated result from the aggregation of monthly figures from January to December.

General statistical legislation

Regulation (EC) No 223/2009 of the European Parliament and of the Council on European statistics

Legislation applicable as of 1 January 2022

Regulation (EU) 2019/2152 on European business statistics

• Implementing Regulation (EU) 2020/1197 laying down technical specifications and arrangements pursuant to Regulation (EU) 2019/2152

• Implementing Regulation (EU) 2021/1225 specifying the arrangements for the data exchanges and amending Implementing Regulation (EU) 2020/1197, as regards the Member State of extra-Union export and the obligations of reporting units

• Delegated Regulation (EU) 2021/1704 further specifying the details for the statistical information to be provided by tax and customs authorities and amending Annexes V and VI of Regulation (EU) 2019/2152

Extra-EU trade legislation (or Extrastat) - legislation applicable up to 1 January 2022

Basic Act: Regulation (EC) No 471/2009 of the European Parliament and of the Council

• Implementing Commission Regulation (EC) No 92/2010

• Implementing Commission Regulation (EC) No 113/2010

All regulations relevant for the European statistics on international trade in goods can be found in the publication Legislation on European statistics on international trade in goods or consulted from the Legislation page of the International trade in goods section on Eurostat website. All legal texts of the EU are accessible on Eur-Lex.

Not applicable.

Regulation (EC) No 2019/2152 of the European Parliament and of the Council.

The national legal framework for securing the confidentiality of statistical data on international trade in goods is represented by Law no. 422 of 22 November 2006 on the organization and functioning of the statistical system for international trade in goods.

In the area of ​​statistics on international trade in goods, the National Institute of Statistics (NIS) applies the principle of passive confidentiality, which means that the NIS takes all necessary measures to confidentialize data only at the request of economic operators who consider their interests to be prejudiced by the dissemination of the data.

TIC data is the result of the aggregation of public trade data, after the implementation of confidentiality rules. Data by invoicing currency are not detailed enough to make it possible to identify a specific trader. Therefore no specific data treatment applies.

TIC data are only disseminated by Eurostat. See item 8.1 ‘Release calendar’ of the related metadata ‘ext_tic - International trade in goods – trade by invoicing currency (TIC)’ for more details.

TIC data are only disseminated by Eurostat. See item 8.2 ‘Release calendar access’ of the related metadata ‘ext_tic - International trade in goods – trade by invoicing currency’ for more details.

On request. User might request data on invoice currencies on total trade or SITC 1 digit, in CSV, dbf or xls format. Data are available starting with 2010.

TIC data are only disseminated by Eurostat. See item 9 ‘Frequency of dissemination’ of the related metadata ‘ext_tic - International trade in goods – trade by invoicing currency’ for more details.

TIC data are available biannually for the period 2010-2014 and annually for the period 2016-2023.

TIC data are only disseminated by Eurostat. See item 10.1 ‘Dissemination format - News release’ of the related metadata ‘ext_tic - International trade in goods – trade by invoicing currency’ for more details.

TIC data are only disseminated by Eurostat. See item 10.2 ‘Dissemination format - Publications’ of the related metadata ‘ext_tic - International trade in goods – trade by invoicing currency’ for more details.

TIC data are only disseminated by Eurostat. See item 10.3 ‘Dissemination format - online database’ of the related metadata ‘ext_tic - International trade in goods – trade by invoicing currency’ for more details.

See document TIC Quality indicators.

Not applicable.

Not applicable.

See document TIC Quality indicators.

TIC data are only disseminated by Eurostat. See item 10.6 ‘Documentation on methodology' of the related metadata ‘ext_tic - International trade in goods – trade by invoicing currency’ for more details.

100%

TIC data are only disseminated by Eurostat. See item 10.7 ‘Quality management - documentation’ of the related metadata ‘ext_tic - International trade in goods – trade by invoicing currency’ for more details.

Data are collected through the Extrastat statistical system - data transmitted by the national customs authority based on customs declaration information, is the main source of data for extra-EU trade statistics for goods. The data thus obtained are evaluated and validated monthly and constantly revised.

See item 11.2 ‘Quality management - assessment' of the related metadata ‘ext_tic - International trade in goods – trade by invoicing currency’ for more details.

TIC data are only disseminated by Eurostat. See item 12.1 ‘Relevance - User Needs’ of the related metadata ‘ext_tic - International trade in goods – trade by invoicing currency’ for more details.

TIC data are only disseminated by Eurostat. See item 12.2 ‘Relevance - User Satisfaction’ of the related metadata ‘ext_tic - International trade in goods – trade by invoicing currency’ for more details.

See item 12.3 ‘Completeness’ of the related metadata ‘ext_tic - International trade in goods – trade by invoicing currency’ for more details.

See document TIC Quality indicators.

See item 13.1 ‘Accuracy - overall' of the related metadata ‘ext_tic - International trade in goods – trade by invoicing currency’ for more details.

See item 13.2 ‘Sampling error' of the related metadata ‘ext_tic - International trade in goods – trade by invoicing currency’ for more details.

Not applicable.

See item 13.3 ‘Non-sampling error' of the related metadata ‘ext_tic - International trade in goods – trade by invoicing currency’ for more details.

Not applicable.

Not applicable.

Not applicable.

Not applicable.

Not applicable.

Not applicable.

Not applicable.

Not applicable.

Not applicable.

See concepts 14.1.1 and 14.1.2.

See document TIC Quality indicators.

Not applicable.

See concept 14.2.1 for the time lag between the actual delivery of the TIC data and the target date when it should have been delivered.

See document TIC Quality indicators.

See item 15.1 ‘Comparability - geographical' of the related metadata ‘ext_tic - International trade in goods – trade by invoicing currency’ for more details.

Not applicable.

Data is comparable over time, on total trade and on SITC 1 digit code.

The TIC data are available and comparable for 2010, 2012, 2014, 2016-2023 reference years (11 years).

The intra-domain checks carried out by RO INS before any data dissemination ensure the coherence between the trade values published in the TIC dataset and trade values coming from aggregated and detailed trade in goods statistics.

Not applicable.

Not applicable.

See item 15.4 ‘Coherence - internal' of the related metadata ‘ext_tic - International trade in goods – trade by invoicing currency’ for more details.

TIC data are derived from information collected via customs declarations. No specific data collection is then necessary, which means that the burden is null for the respondents, i.e. for the traders and businesses. The cost of TIC data only relates to the compilation step carried out by the NIS, which is considered as minor given the small number of records.

TIC data are not disseminated at national level, but only on request, Romania has no formal revision policy.

Statistics by invoicing currency are only exceptionally revised.

Not available.

TIC data are derived from :

- trade in goods transactions and the invoicing currency associated to these transaction collected via customs declarations by the National Customs Authority which collects and processes customs declarations;

- data on international trade of goods with electricity and natural gas are collected on statistical forms by the NIS from importing/exporting companies and from network operators.

Collection of trade in goods data: every month via customs declarations

Collection of the invoicing currency: every month via customs declarations

Collection of international trade in goods in electricity and natural gas: every month

Collection of trade in goods data

The standard source of information on trade transactions is the customs declaration submitted by businesses and, in some cases, by private individuals involved in an international transaction of goods with a non-EU country and collected by the National Customs Authority. NSI receives TIC data from customs authorities in xls format.

Collection of the invoicing currency

The invoicing currency is the currency in which the commercial invoice is drawn up. It is mandatory information to be collected by the National Customs Authority for imported and exported goods.

At national level, data is checked on SITC 1 digit level and compared with previous years.

Romanian TIC data disseminated by Eurostat have passed the following quality checks:

• Intra-dataset checks: completeness of the dataset and uniqueness of the records, validity of the codes, validity of code combinations across the different dimensions, inter-record consistency checks;
• Intra-domain check: check of the coherence between trade values published in the TIC dataset and trade values coming from aggregated and detailed trade in goods data.

At national level:

No imputation is done on TIC data before transmission to Eurostat.

At European level:

The share of each invoicing currency in the imports and exports of Romania is calculated on the basis of the transmitted trade values.

At national level:

No imputation is made on national level

At European level:

No imputation is made by Eurostat.

Not applicable.

Not applicable.