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Romania Trade Summary

2023

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 2023

Overall Exports and Imports for Romania 2023

Exports and imports of Romania in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 100,642 million.
  • The total value of imports (CIF) was 131,963 million.
  • At the HS6 digit level, 4,109 products were exported to 204 countries and 4,421 products were imported from 201 countries.

Romania top 5 Export and Import partners 2023

Top five countries to which Romania exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Romania exports to Germany worth US$ 20,973 million, with a partner share of 20.84 percent.
  2. Romania exports to Italy worth US$ 10,227 million, with a partner share of 10.16 percent.
  3. Romania exports to France worth US$ 6,383 million, with a partner share of 6.34 percent.
  4. Romania exports to Hungary worth US$ 5,699 million, with a partner share of 5.66 percent.
  5. Romania exports to Bulgaria worth US$ 4,178 million, with a partner share of 4.15 percent.

Top five countries from which Romania imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Romania imports from Germany worth US$ 25,590 million, with a partner share of 19.39 percent.
  2. Romania imports from Italy worth US$ 11,420 million, with a partner share of 8.65 percent.
  3. Romania imports from Hungary worth US$ 8,543 million, with a partner share of 6.47 percent.
  4. Romania imports from Poland worth US$ 8,243 million, with a partner share of 6.25 percent.
  5. Romania imports from China worth US$ 7,310 million, with a partner share of 5.54 percent.

Romania Top 5 Productsexports imports at HS 6 digit level 2023

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

  1. Romania exported Automobiles with reciprocating piston engine di , worth 4,450,724.16 (US$ Thousands).
  2. Romania exported Boards, panels, including numerical control pan , worth 3,825,651.80 (US$ Thousands).
  3. Romania exported Petroleum oils, etc, (excl. crude); preparation , worth 2,623,582.38 (US$ Thousands).
  4. Romania exported Ignition wiring sets&oth wiring sets of a kind , worth 2,514,523.20 (US$ Thousands).
  5. Romania exported Tansmissions for motor vehicles , worth 2,300,777.80 (US$ Thousands).

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

  1. Romania imported Petroleum oils and oils obtained from bituminou , worth 4,464,866.22 (US$ Thousands).
  2. Romania imported Other medicaments of mixed or unmixed products, , worth 3,480,320.30 (US$ Thousands).
  3. Romania imported Petroleum oils, etc, (excl. crude); preparation , worth 3,475,175.28 (US$ Thousands).
  4. Romania imported Transmission apparatus, for radioteleph incorpo , worth 2,494,301.38 (US$ Thousands).
  5. Romania imported Monolithic integrated circuits, digital , worth 2,464,718.74 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Romania in 2023 are below

  • The maximum rate of tariff in percentage on any product was 188.46 percent.
  • The simple average tariff across all products was 2 percent.
  • The trade weighted average tariff was 1.30 .
  • The total duty free imports in thousands of US dollars were 22,430,230.79 and duty free tariff line items share was 64.89 percent.

Development Indicators 2023

Key Development Indicators of Romania in 2023 are below

  • Romania GDP in current US dollar was not available.
  • GNI per capita, Atlas method (current US$) was not available .
  • Romania Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 2023

Trade Indicators for Romania in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 12.26.
  • World Growth in percentage was -3.13 and Romania Country Growth was 2.45 .