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Romania Trade Summary

2020

Romania exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR ROMANIA 2020

Overall Exports and Imports for Romania 2020

Exports and imports of Romania in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 71,046 million.
  • The total value of imports (CIF) was 92,056 million.
  • At the HS6 digit level, 4,084 products were exported to 198 countries and 4,443 products were imported from 169 countries.

Romania top 5 Export and Import partners 2020

Top five countries to which Romania exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Romania exports to Germany worth US$ 16,193 million, with a partner share of 22.79 percent.
  2. Romania exports to Italy worth US$ 7,630 million, with a partner share of 10.74 percent.
  3. Romania exports to France worth US$ 4,782 million, with a partner share of 6.73 percent.
  4. Romania exports to Hungary worth US$ 3,547 million, with a partner share of 4.99 percent.
  5. Romania exports to Poland worth US$ 2,655 million, with a partner share of 3.74 percent.

Top five countries from which Romania imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Romania imports from Germany worth US$ 19,172 million, with a partner share of 20.83 percent.
  2. Romania imports from Italy worth US$ 8,216 million, with a partner share of 8.93 percent.
  3. Romania imports from Hungary worth US$ 6,749 million, with a partner share of 7.33 percent.
  4. Romania imports from China worth US$ 5,745 million, with a partner share of 6.24 percent.
  5. Romania imports from Poland worth US$ 5,677 million, with a partner share of 6.17 percent.

Romania Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Romania along with trade value are:

  1. Romania exported Boards, panels, including numerical control pan , worth 2,618,727.99 (US$ Thousands).
  2. Romania exported Ignition wiring sets&oth wiring sets of a kind , worth 2,344,988.00 (US$ Thousands).
  3. Romania exported Tansmissions for motor vehicles , worth 1,880,368.04 (US$ Thousands).
  4. Romania exported Automobiles with reciprocating piston engine di , worth 1,819,353.11 (US$ Thousands).
  5. Romania exported Automobiles nes including gas turbine powered , worth 1,582,729.12 (US$ Thousands).

The top five imported HS 6 digit level products from world by Romania along with trade value are

  1. Romania imported Other medicaments of mixed or unmixed products, , worth 2,735,002.83 (US$ Thousands).
  2. Romania imported Petroleum oils and oils obtained from bituminou , worth 2,272,505.18 (US$ Thousands).
  3. Romania imported Transmission apparatus, for radioteleph incorpo , worth 1,762,631.16 (US$ Thousands).
  4. Romania imported Monolithic integrated circuits, digital , worth 1,397,533.90 (US$ Thousands).
  5. Romania imported Tansmissions for motor vehicles , worth 1,381,434.39 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Romania in 2020 are below

  • The maximum rate of tariff in percentage on any product was 74.90 percent.
  • The simple average tariff across all products was 1.81 percent.
  • The trade weighted average tariff was 1.19 .
  • The total duty free imports in thousands of US dollars were 14,913,550.30 and duty free tariff line items share was 61.51 percent.

Development Indicators 2020

Key Development Indicators of Romania in 2020 are below

  • Romania GDP in current US dollar was 251,363 million.
  • GNI per capita, Atlas method (current US$) was 12,710.00 .
  • Romania Trade balance: as % of GDP was -4.31.
  • Trade balance in current US$ was -10,824.00 million.
  • Trade as percentage of GDP was 78.06 .
  • Trade in services as percentage of GDP was 17.32 .

Trade Indicators 2020

Trade Indicators for Romania in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.07.
  • Index of export market penetration was 11.58.
  • World Growth in percentage was -3.77 and Romania Country Growth was -4.99 .