Romania-Iran Bilateral Trade Analysis 2023
Complete trade statistics: $262.35M total volume •Romania surplus: $133.46M
Romania → Iran
$197.90M
Exports (2023)
Iran → Romania
$64.44M
Imports (2023)
Trade Balance
$133.46M
Surplus for Romania
Total Trade
$262.35M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Romania and Iran. 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-Iran commercial relationship and competitive positioning in global markets.
Romania → Iran Exports
Export Market Intelligence
🎯 Strategic Export Focus
Romania's export portfolio to Iran demonstrates strategic specialization, with cereals: maize (corn), other than seed representing a key competitive advantage in this bilateral market.
Iran → Romania Imports
Import Dependency Profile
📦 Import Strategy Analysis
Romania's import pattern from Iran reveals significant dependencyin styrene polymers: expansible polystyrene, in primary forms, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Romania demonstrates competitive strength in exportingcereals: maize (corn), other than seed to Iran, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $262.35M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Romania-Iran Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $262.35 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Romania maintains a surplus of $133.46 million
- Export Focus: Romania's primary exports include cereals: maize (corn), other than seed, meat: of sheep, lamb carcasses and half-carcasses, fresh or chilled, meat: of sheep, carcasses and half-carcasses (excluding carcasses and half-carcasses of lamb), fresh or chilled
- Import Dependencies: Key imports from Iran include styrene polymers: expansible polystyrene, in primary forms, styrene polymers: (other than expansible polystyrene), in primary forms, vegetable preparations: tomatoes, (other than whole or in pieces), prepared or preserved otherwise than by vinegar or acetic acid
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 $262.35M 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 cereals: maize (corn), other than seed.
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 cereals: maize (corn), other than seedcomplements Iran's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in styrene polymers: expansible polystyrene, in primary forms.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $262.35M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $262.35M 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 $262.35 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in cereals: maize (corn), other than seed and styrene polymers: expansible polystyrene, in primary forms demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Romania's trade surplus of $133.46 million strengthens 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 Iran represents a total trade volume of $262.35 million in 2023. This partnership demonstrates a favorable trade balance for Romania, with exports exceeding importsby $133.46 million.
Export Strengths
Romania's exports to Iran total $197.90 million, with competitive advantages in cereals: maize (corn), other than seed, representing $187.59M or94.8% of bilateral exports.
Import Dependencies
Imports from Iran amount to $64.44 million, highlighting economic interdependence in styrene polymers: expansible polystyrene, in primary forms, with Styrene polymers: expansible polystyrene, in primary forms comprising39.3% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Romania's competitive position in this bilateral relationship. 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 Iran in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023