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Romanian retail sector sees remarkable growth

The Romanian Retail market has experienced remarkable growth in recent years. In 2011, the retail market evolution was very dynamic, a year of notable market consolidation of existing retail operations. The total number of stores in the Romanian retail market increased 17 percent in 2011 as compared to the previous year. As modern retail systems grow, exports of U.S. processed and high value foods to Romania will continue to expand. The U.S. food exports to Romania resumed the upward trend, expanding by 19 percent in 2011 and reaching USD 77 million compared to USD 65 million the previous year. Although the EU market is almost closed to U.S. meat and meat products, promising export prospects remain. The best of these are tree nuts, distilled spirits, and wines.

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