Romania export

Romania Export Data

Situated at the intersection of Eastern, Southeastern, and Central Europe lies Romania. The nation borders numerous other nations, including Serbia, Bulgaria, Hungary, Ukraine, and Moldova. Romania's economy is characterized as high-income but still developing. In terms of land area, Romania is the twelfth largest country in Europe. With around 238,397 km^2 of land area, Romania has gained the 83rd spot in the world rankings for area. According to the available 2022 export data, the country's total exports have reached an all-time high. This remarkable growth can be attributed to various factors, including increased foreign investment, improved infrastructure, and the country's integration into the global supply chain. According to the export data, Romania exported goods worth a total of $129.16 billion in 2022. Romania's exports of goods rose by 9.54% from 2021 to 2022. In 2022, exports of goods increased by $8.43 billion. In recent years, Romania has emerged as a significant player in the global export market. With its strategic location, well-educated workforce, and favorable business environment, the country has been able to attract foreign investors and strengthen its export capabilities. Let us now delve into the Romania export data for 2022 and explore the key trends and industries driving this growth.

 Romania Export Data | Romania Trade Data

41

The country has been ranked 41st in global imports, showing a significant position in the international trade and import landscape.

0.44%

With a mere 0.44% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

GERMANY

Germany holds a significant role as the largest import partner of the country in terms of goods imports.

PARTS AND ACCESSORIES OF MOTOR VEHICLES

Parts and accessories of motor vehicles are the major and biggest import commodities of the country, playing a vital role in its economy.

export

Top 10 Exports of Romania

Romania, known for its strong economy, has a diverse range of top exports that contribute significantly to its international trade. Among the top 10 exports of Romania, parts of motor vehicles, machinery and electrical equipment take the lead, followed closely by vehicles, mineral fuels. Romania’s top 10 exports in 2022 based on the export data are:

  • Parts and accessories of motor vehicles: 6.93% ($6.71 billion)
  • Motor cars and other motor vehicles: 6.36% ($6.16 billion) 
  • Insulated wires and cables: 4.3% ($4.16 billion)
  • Petroleum oils and waste oils: 3.78% ($3.66 billion)
  • Boards, panels, consoles, desks, cabinets, and other bases: 3.3% ($3.19 billion)
  • New pneumatic tires of rubber: 2.29% ($2.21 billion)
  • Wheat and meslin: 2.16% ($2.09 billion)
  • Maize (corn): 2.06% ($1.99 billion)
  • Electrical energy: 1.91% ($1.85 billion)
  • Petroleum gases and other gaseous hydrocarbons: 1.64% ($1.59 billion)
  • Partners

    Top 10 Export Partners of Romania

    When it comes to export partners, Germany emerges as the top destination, with a significant share of Romania's exports making their way to this European powerhouse. The top 10 export partners of Romania in 2022 include:

    Value In Percentage(%)

  • Germany: 19.8% (19.2 billion US$)
  • Italy: 10% (9.74 billion US$)
  • Hungary: 7.32% (7.08 billion US$)
  • France: 6% (5.81 billion US$)
  • Bulgaria: 3.88% (3.76 billion US$)
  • Poland: 3.8% (3.68 billion US$)
  • Netherlands: 3.5% (3.39 billion US$)
  • Spain: 3.1% (3 billion US$)
  • Turkey: 3.08% (2.98 billion US$)
  • Czech Republic: 2.88% (2.79 billion US$)
  • Sample Data

    What is Romania Export Data?

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    So, as you can see in this statistical report, we also include the number of goods needed to be imported/exported, HS codes, the description of each HS code, and the quantity and price of each product from the country's shipment data. In this comprehensive statistical database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. Romania export data refers to the statistical information collected and analyzed regarding the goods and services that the country exports to other nations. It provides insights into the quantity, value, and destination of exports, allowing policymakers, businesses, and investors to make informed decisions. Romania has successfully diversified its export product range, reducing reliance on traditional sectors. While industries such as automotive, electronics, and machinery continue to dominate the export market, there has been a notable increase in exports of agricultural products, textiles, and chemicals. According to Romania's trade data, Romania exported goods worth a total of $96 billion in 2022. A range of fields are included in Romania export data and Romania trade data, including HS codes, descriptions of HS codes, and product descriptions with the quantity, units, and price of each product being shipped. These fields can be found in both Romania's export data and Romania's trade data. For traders and marketers, this statistical export data is crucial information that helps them make informed decisions.

    Benefits

    Benefits of Romania’s Export Data

  • Produce superior sales through the Romanian export market.
  • Determine the present Romanian product demand.
  • Monitor Your Rivals and exceed them in rankings.
  • Give your marketing plan an approach based on export data.
  • Become well-known in the Romanian market.
  • Develop goals for the long run and increase revenue.
  • Frequently Asked Questions!!

    As of Romania's export data for 2022, Romania exported goods worth a total of $96 billion in 2022, with an increase of 9.54% from the previous year.

    In 2022, Romania's top export products were vehicles, machinery and mechanical appliances, electrical machinery and equipment, and mineral fuels and oils.

    Romania's main export partners are Germany, Italy, France, Hungary, and Bulgaria.

    The projected growth rate for Romania's exports in 2023 is estimated to be around 5%, with the potential to increase depending on global economic conditions.

    Some potential challenges for Romania's export industry in 2022 include global trade tensions, fluctuation of currency exchange rates, and changes in demand for certain products due to shifts in consumer behavior.

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