Romania

Romania

Global Trade Profile • Rank #41 Exporter

$105.46B

Total Exports (2023)

$134.13B

Total Imports (2023)

$28.67B

Trade Deficit

#41

Export Ranking

Trade Flow Visualization

Interactive map showing Romania's top trading partners. Green lines represent exports, red lines represent imports.

#41

Export Rank

$105.46B

Total Exports

$134.13B

Total Imports

-$28.67B

Trade Balance

23

Trade Partners

🌍 Top Export Destinations

Top Export Products

#1Vehicles: with only spark-ignition internal combus...
4.7%$4.98B
#2Boards, panels, consoles, desks and other bases: f...
3.0%$3.21B
#3Petroleum oils and oils from bituminous minerals, ...
2.8%$2.92B
#4Insulated electric conductors: ignition wiring set...
2.4%$2.53B
#5Vehicle parts: gear boxes and parts thereof
2.2%$2.28B
#6Cereals: wheat and meslin, other than durum wheat,...
2.0%$2.09B
#7Vehicles: with only spark-ignition internal combus...
1.8%$1.91B
#8Rubber: new pneumatic tyres, of a kind used on mot...
1.8%$1.87B
#9Cereals: maize (corn), other than seed
1.3%$1.42B
#10Electrical energy
1.3%$1.40B

📥 Top Import Sources

Top Import Products

#1Oils: petroleum oils and oils obtained from bitumi...
3.3%$4.46B
#2Petroleum oils and oils from bituminous minerals, ...
2.7%$3.59B
#3Medicaments: consisting of mixed or unmixed produc...
2.6%$3.45B
#4Vehicle parts: gear boxes and parts thereof
1.4%$1.94B
#5Telephones for cellular networks or for other wire...
1.1%$1.49B
#6Petroleum gases and other gaseous hydrocarbons: in...
1.1%$1.43B
#7Electrical energy
0.9%$1.25B
#8Electronic integrated circuits: n.e.c. in heading ...
0.9%$1.16B
#9Vegetable oils: sunflower seed or safflower oil an...
0.9%$1.14B
#10Plastics: other articles n.e.c. in chapter 39
0.8%$1.10B

📈 Historical Trade Trends (1995-2023)

29 Years

Data Coverage

29

Data Points

📈

Trend Direction

Romania Trade Analysis 2023

📊 Overview

#41
Global Export Rank
239.59B
Total Trade Volume
1.20%
Share of Global Trade

Romania stands as the world's #41 largest exporter and #35 largest importer, demonstrating substantial regional trade importance.

The trade profile reveals a deficit of 28.67 billion, reflecting import dependencies for growth.

⚠️
Trade deficit of 21.4% of imports requires careful management of external financing.
105.46B
Total Exports
134.13B
Total Imports
0.79
Export/Import Ratio

The country maintains active trading relationships with 20 major partners, creating a highly diversified trade network.

Monthly trade flows average $19.97B, generating continuous economic activity across logistics, finance, and trade services.

🚢 Export Markets

Germany
Italy
France
United Kingdom
Hungary
Others

Export Market Concentration

19.3%
$20.38B
9.7%$10.26B
6.0%$6.36B
4.7%$4.93B
4.2%$4.42B
3.9%$4.08B
3.6%$3.80B
13 others
29.6%$31.21B

Export concentration shows Germany as the dominant market at 19.3%. The top three markets control 35.1% of exports.

44.0%
Top 5 Markets
61.4%
Top 10 Markets
20
Total Partners

Regional patterns reveal European market focus. Secondary markets (Bulgaria, USA, Türkiye) provide $18.44B in additional trade.

📦 Import Sources

Import Source Concentration

18.4%
$24.72B
8.5%$11.34B
6.3%$8.49B
6.2%$8.30B
5.6%$7.54B
4.9%$6.60B
4.2%$5.65B
13 others
31.7%$42.49B

Romania relies heavily on Germany for imports (18.4%),maintaining balanced sourcing.

Manufacturing inputs come primarily from China, reflecting deep integration into Asian production networks. China's dominant position at 7.54 billion encompasses electronics components, textiles, machinery parts, and consumer goods, creating both efficiency benefits and concentration risks.

The top 10 import sources account for 65.9% of total imports, with the remaining 34% distributed among 10 other suppliers.

Regional sourcing patterns reveal diversified global sourcing. European suppliers including Germany (24.72B), Italy (11.34B), France (5.65B) focus on luxury goods, machinery, and specialized chemicals.

Supply chain resilience strategies increasingly emphasize "China Plus One" approaches, with Indiaemerging as alternative manufacturing bases. The geographic proximity of major suppliers balances efficiency with risk diversification.

📦 Product Composition

🚀 Export Products

Top Export Products

with only spark-ignition internal combustion recip...
4.7%$4.98B
for electric control or the distribution of electr...
3.0%$3.21B
preparations n.e.c. containing by weight 70% or mo...
2.8%$2.92B
ignition wiring sets and other wiring sets of a ki...
2.4%$2.53B
gear boxes and parts thereof
2.2%$2.28B
3 others
5.6%$5.86B

Romania's export economy centers on automotive manufacturing, with the leading export being with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity not over 1000ccat $4.98 billion, accounting for 4.7% of total exports.

Vehicle-related products including passenger cars, hybrid vehicles, electric vehicles, and automotive parts total approximately 13.85 billion or 13.1% of exports, encompassing 7 distinct product categories. Electronics, semiconductors, and machinery contribute 6.86 billion or 6.5% of exports.

The automotive sector's dominance is evident in the export portfolio, with with only spark-ignition internal combustion recip... (4.98B), ignition wiring sets and other wiring sets of a ki... (2.53B), gear boxes and parts thereof (2.28B), with only spark-ignition internal combustion recip... (1.91B), with only compression-ignition internal combustion... (1.22B). This automotive specialization reflects decades of manufacturing excellence, continuous innovation in fuel efficiency and hybrid technology, and established global brand recognition.

The transition to electric and hybrid vehicles is captured in export data, with 3 categories specifically related to alternative propulsion systems, totaling $7.14B.

Beyond automotive, Romania maintains strong positions in specialized equipment, electronic components (6.86B), and Petroleum oils and oils from bituminous minerals, not crude, Cereals, Rubber.

The top 20 export products collectively account for 34.0% of total exports, revealing healthy product diversification across multiple sectors.

🛒 Import Products

Top Import Products

petroleum oils and oils obtained from bituminous m...
3.3%$4.46B
preparations n.e.c. containing by weight 70% or mo...
2.7%$3.59B
consisting of mixed or unmixed products n.e.c. in ...
2.6%$3.45B
gear boxes and parts thereof
1.4%$1.94B
Telephones for cellular networks or for other wire...
1.1%$1.49B
3 others
2.9%$3.83B

Import requirements center on petroleum oils and oils obtained from bituminous minerals, crude at 4.46 billion (3.3%), indicating resource dependency.

Beyond energy, critical imports include consisting of mixed or unmixed products ... (3.45B, 2.6%), gear boxes and parts thereof (1.94B, 1.4%), Telephones for cellular networks or for ... (1.49B, 1.1%), n.e.c. in heading no. 8542 (1.16B, 0.9%), sunflower seed or safflower oil and thei... (1.14B, 0.9%).Electronic components and devices total 6.18 billion (4.6% of imports), supporting domestic manufacturing and assembly operations. Pharmaceutical products represent 4.27 billion (3.2%), reflecting healthcare sector demands.

The import product mix reveals structural characteristics of Romania's economy: heavy reliance on imported energy despite industrial advancement, integration into global electronics supply chains, food security dependencies, and sophisticated consumption patterns.

The ratio of raw materials to finished goods in imports (9 : 11among top 20 products) indicates balanced import composition. Import substitution potential exists in chemicals and technology sectors through targeted industrial policies and investment.

Product diversification metrics reveal focused product specializationwith implications for economic resilience and growth potential. The technology ladder progression from 9 primary products to 11 high-tech goods indicates the economy's structural transformation and industrial upgrading trajectory.

Value addition opportunities exist in transitioning from raw material exports to processed goods, from components to finished products, and from standard to customized offerings. The product space connectivity, measuring relatedness between current exports and potential new products, suggests strong potential for diversification into adjacent sophisticated products.

⚖️ Trade Balance Dynamics

-28.67 billion
Trade Deficit 11.97% of total trade
PartnerExportsImportsBalance
Germany$20.38B$24.72B$-4.34B
Italy$10.26B$11.34B$-1.08B
Hungary$4.42B$8.49B$-4.07B
France$6.36B$5.65B+$715.46M
Poland$3.55B$8.30B$-4.75B

Export-to-import ratio of 0.786 means exports cover 78.6% of import costs.

🔗 Key Relationships

Major Trading Partners

PartnerExportsImportsBalance
Germany$20.38B$24.72B$-4.34B
Italy$10.26B$11.34B$-1.08B
Hungary$4.42B$8.49B$-4.07B
France$6.36B$5.65B+$715.46M
Poland$3.55B$8.30B$-4.75B
Türkiye$3.73B$6.60B$-2.87B
Bulgaria$4.08B$5.61B$-1.53B
China$1.84B$7.54B$-5.70B
Total$54.63B$78.24B$-23.61B

The Romania-Germany relationship leads at 45.11 billion in bilateral trade.View detailed analysis →

Additional major partnerships include Hungary (12.91B total trade), France (12.01B total trade), Poland (11.85B total trade). Regional integration through transatlantic partnerships facilitates technology transfer, market access, and production efficiency. The diversity of trading relationships—148.76B across top 10 partners—provides resilience against bilateral tensions and regional disruptions.

🏆 Competitive Position

Global rankings position Romania as the #41 exporter worldwide,as a significant regional trader. The country's share of global exports at approximately 1.055%offers opportunities for market share expansion.

Export sophistication, measured by the dominance of technology-intensive products, indicates advanced industrial capabilities. The revealed comparative advantage (RCA) index shows strongest competitiveness in sectors where Romania's global market share exceeds its overall trade share by factors of 2 or more.

Competitive advantages emerge in sectors where export concentration exceeds import share, particularly inwith only spark-ignition , for electric control or t, preparations n.e.c. conta. The revealed comparative advantage is strongest in product categories representing10.5% of exports. Market positioning against regional competitors shows niche specialization opportunities.

Trade complementarity with major partners suggests regional production network participation. The export quality ladder, comparing unit values to world averages, indicates competitive pricing strategies.

Competitive dynamics are shaped by factor endowments including cost advantages and resource availability, infrastructure quality, and business environment. The export survival rate, measuring the persistence of export relationships over time, suggests need for relationship strengthening.

Innovation capacity, reflected in the technology content of exports and R&D intensity, determines long-term competitiveness trajectories. The competitive threat from emerging exporters in similar product categories requires continuous upgrading and differentiation strategies to maintain market position. Regional integration through trade agreements provides preferential access to0 markets, creating competitive advantages over non-member competitors.

🎯 Strategic Outlook

ℹ️

Strategic Priority

With a trade deficit of 28.67B, focus should be on export promotion in high-value sectors and strategic import substitution.

The trade profile presents both opportunities and challenges for economic development strategy. Key strengths include strong import capacity enabling technology transfer and consumption growth,diversified market access reducing concentration risk, and competitive positions in high-value manufacturing.

Vulnerabilities include product concentration in cyclical sectors. The intersection of these factors creates a complex strategic landscape requiring careful navigation to maximize opportunities while mitigating risks.

Strategic priorities should focus on export promotion and import substitution to enhance trade competitiveness. Opportunities exist in expanding trade with Spain, Netherlands, Austria, developing new product capabilities in adjacent product categories, and strengthening regional integration through new partnership frameworks.

The digital transformation of trade, including e-commerce, digital services, and blockchain-based trade finance, offers new avenues for market access and efficiency gains. Green trade opportunities in renewable energy, sustainable products, and carbon markets represent growing segments aligned with global sustainability goals.

The evolving global trade environment, characterized by technological disruption, geopolitical realignment, and sustainability imperatives, will fundamentally reshape Romania's trade prospects. Success requires balanced policies addressing both improving export capacity while ensuring sustainable import financing.

Investment in infrastructure, education, and innovation ecosystems will determine the ability to climb value chains and capture larger shares of global value addition. The resilience agenda, emphasizing supply chain robustness, strategic autonomy in critical sectors, and economic security considerations, must be balanced with efficiency and openness principles.

As global trade patterns continue evolving, Romania's position as the world's #41 exporter provides a platform for continued growth, requiring adaptive strategies, institutional strengthening, and sustained commitment to competitiveness enhancement in an increasingly complex and interconnected global economy.

Data Notes

Data from CEPII BACI database, harmonized using UN Comtrade methodology. All values in current USD at 2023 exchange rates. Trade statistics cover merchandise goods only, excluding services. Mirror statistics reconciliation applied for data consistency. 2024 data available January 2026. HS6 product classification follows 2017 revision.

Data source: CEPII BACI | Last updated: January 2025 | Next update: January 2026