Romania-China Bilateral Trade Analysis 2023
Complete trade statistics: $9.38B total volume •Romania deficit: $5.70B
Romania → China
$1.84B
Exports (2023)
China → Romania
$7.54B
Imports (2023)
Trade Balance
$5.70B
Deficit for Romania
Total Trade
$9.38B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Romania and China. Green line shows exports from Romania, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Romania-China commercial relationship and competitive positioning in global markets.
Romania → China Exports
Export Market Intelligence
🎯 Strategic Export Focus
Romania's export portfolio to China demonstrates strong diversification across multiple sectors, with boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage not exceeding 1000 volts representing a key competitive advantage in this bilateral market.
China → Romania Imports
Import Dependency Profile
📦 Import Strategy Analysis
Romania's import pattern from China reveals significant dependencyin circuits: printed, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Romania demonstrates competitive strength in exportingboards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage not exceeding 1000 volts to China, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $9.38B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Romania-China Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $9.38 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Romania maintains a deficit of $5.70 billion
- Export Focus: Romania's primary exports include boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage not exceeding 1000 volts, regulating or controlling instruments and apparatus: automatic, other than hydraulic or pneumatic, anoraks (including ski-jackets), wind-cheaters, wind-jackets and similar articles: men's or boys', of man-made fibres, other than those of heading no. 6203 (not knitted or crocheted)
- Import Dependencies: Key imports from China include circuits: printed, communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus, tricycles, scooters, pedal cars and similar wheeled toys: dolls' carriages: dolls: other toys: reduced-size (scale) models and similar recreational models, working or not: puzzles of all kinds
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $9.38B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Romania leveraging its comparative advantages in boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage not exceeding 1000 volts.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Romania's specialization in boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage not exceeding 1000 voltscomplements China's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in circuits: printed.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $9.38B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $9.38B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $9.38 billion bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage not exceeding 1000 volts and circuits: printed demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Romania's trade deficit of $5.70 billion impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Romania and China represents a total trade volume of $9.38 billion in 2023. This partnership demonstrates an unfavorable trade balance for Romania, with imports exceeding exportsby $5.70 billion.
Export Strengths
Romania's exports to China total $1.84 billion, with competitive advantages in boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage not exceeding 1000 volts, representing $163.55M or8.9% of bilateral exports.
Import Dependencies
Imports from China amount to $7.54 billion, highlighting economic interdependence in circuits: printed, with Circuits: printed comprising3.8% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Romania's strategic sourcing from China. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Romania and China in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023