Romania export Statistics

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 2023 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. 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. Based on Romania trade statistics, Romania is the 40th largest exporter in the world. 

According to Romania's export data, Romania exported goods worth $100.6 billion in 2023. Romania's exports of goods increased by 4% from the previous year to 2023. Based on Romania shipment data for 2023, electrical machinery and equipment are Romania’s biggest exports, while Germany is its biggest export partner. Romania’s GDP is $351 billion, with a GDP export share of 39.10%. Romania is a part of major trading blocs such as the WTO, EU, and CEFTA. Let us now delve into the Romania export data for 2023 and explore the key trends and industries driving this growth with insights into Romania statistical data.

 Romania Export Data | Romania Trade Data

40

The country has been ranked 40th in global imports, showing a significant position in the international trade and import landscape.

0.3%

With a mere 0.3% 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.

ELECTRICAL MACHINERY AND EQUIPMENT

Electrical machinery and equipment are the major and biggest import commodities of the country, playing a vital role in its economy with its import share.

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Top 10 Exports of Romania: Romania Export Data by HS Code

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, electrical machinery and equipment take the lead, followed closely by vehicles, and mineral fuels. Romania’s top 10 exports in 2023 based on Romania export data and Romania trade data are:

  • Electrical machinery and equipment (HS Code 85): 18.09% ($18.21 billion)
  • Vehicles (HS code 87): 15.53% ($15.62 billion)
  • Nuclear reactors and machinery (HS code 84): 10.12% ($10.18 billion) 
  • Mineral fuels and oils (HS code 27): 5.31% ($5.34 billion)
  • Cereals (HS code 10): 4.43% ($4.46 billion)
  • Rubber and articles thereof (HS code 40): 3.6% ($3.62 billion)  
  • Articles of iron or steel (HS code 72): 3.36% ($3.38 billion)
  • Optical, medical, or surgical (HS code 90): 3.2% ($3.22 billion)
  • Furniture, bedding, and mattresses (HS code 94): 3.06% ($3.07 billion)
  • Plastics and articles thereof (HS code 39): 2.56% ($2.58 billion) 
  • Partners

    Top 10 Export Partners of Romania: Romania export data by Country

    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 2023 based on Romania shipment data and Romania trade activities include:

    Value In Percentage(%)

  • Germany: 20.8% (20.97 billion US$)
  • Italy: 10.2% (10.24 billion US$)
  • France: 6.3% (6.38 billion US$)
  • Hungary: 5.7% (5.69 billion US$)
  • Bulgaria: 4.2% (4.17 billion US$)
  • Poland: 3.7% (3.70 billion US$)
  • Netherlands: 3.4% (3.40 billion US$)
  • Turkey: 3.3% (3.30 billion US$)
  • Spain: 3.2% (3.24 billion US$)
  • Czech Republic: 3.2% (3.23 billion US$) 
  • Sample Data

    Understanding Romania Statistical Data for Exports

    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.

    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 statistical data, Romania exported goods worth a total of $100.6 billion in 2023. A range of fields are included in Romania export data and Romania trade data. 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. We obtain trustworthy data from organizations, shipping businesses, government authorities, and customs ports. For traders and marketers, this statistical trade data is crucial information that helps them make informed decisions. Everything can be obtained through this shipment data from the HS codes and product descriptions, the quantity and cost of each product. We have included a sample of the 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 product description, 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
    ID 7370 MONTH Jul-24
    FLOW Export STAT REGIME Normal
    HS CODE 01012910 PRODUCT DESCRIPTION Horses for slaughter
    EXPORTER COUNTRY Romania DESTINATION COUNTRY Italy
    TRADE TYPE Intra-EU Trade SUP QUANTITY 55
    SUPP UNIT NUMBER OF ITEMS NET WEIGHT 14750
    US FOB 65997 VALUE IN EUROS 60872
    Benefits

    Benefits of Romania Export Data

  • Produce superior sales through the Romanian export market.
  • Determine the present Romanian product demand.
  • Explore further opportunities with access to Romania’s latest export trends.
  • 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 2023, Romania exported goods worth a total of $100.6 billion in 2023, with an increase of 4% from the previous year.

    Based on Romania trade records for 2023, Romania's top export products are electrical machinery and equipment, vehicles, and mineral fuels and oils. 

    Based on Romania trade activities, Romania's main export partners are Germany, Italy, France, Hungary, and Bulgaria.

    Based on Romania trade statistics, the projected growth rate for Romania's exports in 2024-25 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 2023 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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