Romania-Germany Bilateral Trade Analysis 2023
Complete trade statistics: $45.11B total volume •Romania deficit: $4.34B
Romania → Germany
$20.38B
Exports (2023)
Germany → Romania
$24.72B
Imports (2023)
Trade Balance
$4.34B
Deficit for Romania
Total Trade
$45.11B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Romania and Germany. 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-Germany commercial relationship and competitive positioning in global markets.
Romania → Germany Exports
Export Market Intelligence
🎯 Strategic Export Focus
Romania's export portfolio to Germany demonstrates strong diversification across multiple sectors, with vehicle parts: gear boxes and parts thereof representing a key competitive advantage in this bilateral market.
Germany → Romania Imports
Import Dependency Profile
📦 Import Strategy Analysis
Romania's import pattern from Germany reveals strategic sourcingin vehicle parts: gear boxes and parts thereof, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Romania demonstrates competitive strength in exportingvehicle parts: gear boxes and parts thereof to Germany, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $45.11B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Romania-Germany Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $45.11 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Romania maintains a deficit of $4.34 billion
- Export Focus: Romania's primary exports include vehicle parts: gear boxes and parts thereof, 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, insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships
- Import Dependencies: Key imports from Germany include vehicle parts: gear boxes and parts thereof, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents a significant global 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 $45.11B 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 vehicle parts: gear boxes and parts thereof.
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 vehicle parts: gear boxes and parts thereofcomplements Germany's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in vehicle parts: gear boxes and parts thereof.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $45.11B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $45.11B 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 $45.11 billion bilateral trade volume represents a significant economic factorfor both economies.
Industrial Integration
Trade flows in vehicle parts: gear boxes and parts thereof and vehicle parts: gear boxes and parts thereof demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Romania's trade deficit of $4.34 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 Germany represents a total trade volume of $45.11 billion in 2023. This partnership demonstrates an unfavorable trade balance for Romania, with imports exceeding exportsby $4.34 billion.
Export Strengths
Romania's exports to Germany total $20.38 billion, with competitive advantages in vehicle parts: gear boxes and parts thereof, representing $2.06B or10.1% of bilateral exports.
Import Dependencies
Imports from Germany amount to $24.72 billion, highlighting economic interdependence in vehicle parts: gear boxes and parts thereof, with Vehicle parts: gear boxes and parts thereof comprising5.5% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Romania's strategic sourcing from Germany. 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 Germany in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023