Romania

ECON COMPLEXITY (2018)

0.92

RANK 29 OF 137

PRODUCT EXPORTS (2018)

$81.6B

RANK 41 OF 222

EXPORTS PER CAPITA (2018)

$4.19K

RANK 151 OF 219

PRODUCT IMPORTS (2018)

$95.3B

RANK 38 OF 221

IMPORTS PER CAPITA (2018)

$4.89K

RANK 172 of 219

SERVICE EXPORTS (2017)

$19.4B

RANK 40 OF 139

SERVICE IMPORTS (2017)

$13.5B

RANK 47 OF 139

GDP (2018)

$240B

CURRENT US$
RANK 47 OF 196

GDP GROWTH (2008-2018)

11.8%

CURRENT US$
RANK 138 OF 196

GDP PC (2018)

$12,301

CURRENT US$
RANK 64 OF 196

GDP PC GROWTH (2008-2018)

17.9%

Overview: This page contains the latest international trade data for Romania, including service trade data, and tariffs. In 2018 Romania was the number 47 economy in the world in terms of GDP (current US$), the number 41 in total exports, the number 38 in total imports, and the number 29 most complex economy according to the Economic Complexity Index (ECI). In 2018, Romania exported $81.6B and imported $95.3B, resulting in a negative trade balance of -$13.6B. In 2018, Romania’s exports per capita were $4.19k and its imports per capita were $4.89k.

Trade: The top exports of Romania are Vehicle Parts ($7.53B), Cars($5.62B), Insulated Wire ($4.75B), Refined Petroleum ($2.62B), and Electrical Control Boards ($2.21B). The top imports of Romania are Vehicle Parts ($4.66B), Crude Petroleum ($3.69B), Cars ($2.96B), Packaged Medicaments ($2.88B), and Insulated Wire ($2.19B).

Destinations: Romania exports mostly to Germany ($18.3B), Italy($8.8B), France ($5.51B), United Kingdom ($3.41B), and Hungary($3.36B), and imports mostly from Germany ($18.6B), Italy ($9.14B), Hungary ($6.18B), Poland ($5.42B), and China ($4.99B).

Location: Romania borders Bulgaria, Hungary, Moldova, Serbia, and Ukraine by land and Turkey by sea.

Exports

In 2018 Romania exported a total of $81.6B, making it the number 41 exporter in the world. During the last five reported years the exports of Romania have changed by $15.8B from $65.8B in 2013 to $81.6B in 2018.

The most recent exports are led by Vehicle Parts ($7.53B), Cars ($5.62B), Insulated Wire ($4.75B), Refined Petroleum ($2.62B), and Electrical Control Boards ($2.21B).

Imports

In 2018 Romania imported $95.3B, making it the number 38 trade destination in the world. During the last five reported years the imports of Romania changed by $24.1B from $71.2B in 2013 to $95.3B in 2018.

The most recent imports of Romania are led by Vehicle Parts ($4.66B), Crude Petroleum ($3.69B), Cars ($2.96B), Packaged Medicaments ($2.88B), and Insulated Wire ($2.19B).

Trade Balance

As of 2018 Russia had a positive trade balance of $120B in net exports. As compared to their trade balance in 1995 when they still had a positive trade balance of $11B in net exports.

Destinations

The most common destination for the exports of Romania are Germany ($18.3B), Italy ($8.8B), France ($5.51B), United Kingdom ($3.41B), and Hungary ($3.36B).

Origins

The most common import partners for Romania are Germany ($18.6B), Italy ($9.14B), Hungary ($6.18B), Poland ($5.42B), and China ($4.99B).