The research focuses on a detailed analysis of the tourist flows in Romania, both inbound and outbound, trying also to identify the major internal and external factors that have determined the specificity of their evolution over the last decade. The study uses the latest data provided by National Institute of Statistics in Romania regarding the number of Romanian and foreign tourists arriving in the main tourist regions of the country, the nationality of foreign tourists, as well as the number of Romanian tourists participating in foreign tourist activities organized by travel agencies, and their destination. The most important conclusion regards the favorable evolution of the arrivals of foreign tourists, which was generated by the unfavorable economic and political conjunctions of the states near Romania (Turkey, Greece) in recent years and also by foreign tourism promotion, which have conducted the tourist flows to our country. In the near future the main actors in Romanian tourism will have to capitalize on this favorable evolution, which at present does not rely on an improvement in the Romanian tourist services