Romania import

Romania Import 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. It is among the nations with the fastest rates of economic growth worldwide. With some of the most complicated economies in the world, the nation is ranked 26th overall and 45th in terms of GDP. Romania ranked 35th out of 226 nations in terms of overall imports in 2022, according to import data. According to Romania's import data, Romania imported goods worth a total of $132 billion in 2022. Romania received 14% more goods imports in 2022 than in 2021. In 2022, imports of goods increased by $16.2 billion. As global trade continues to expand, countries like Romania play a significant role in the import and export industry. Romania, located in Eastern Europe, has been actively involved in international trade. To gain a deeper understanding of its import sector, it is crucial to analyze Romania's import data. Let us explore the key trends and insights revealed by Romania's import data in 2022.

 Romania Import Data | Romania Customs Data

36

The country has been ranked 36th in global imports, showing a significant position in the international trade and import landscape.

0.5%

With a mere 0.5% 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.

PETROLEUM OILS AND CRUDE

Petroleum oils and crude are the major and biggest import commodities of the country, playing a vital role in its economy.

import

Top 10 Imports of Romania

Romania, being a thriving European country, heavily relies on imports to meet its domestic needs and drive economic growth. The top 10 imports of Romania encompass a wide range of goods in 2022. Romania’s top 10 imports in 2022 according to its import data are:

  • Petroleum oils and oils obtained from bituminous minerals, crude: 4.44% ($5.9 billion)
  • Parts and accessories of the motor vehicles: 3.53% ($4.69 billion)
  • Petroleum gases and other gaseous hydrocarbons: 2.74% ($3.64 billion)
  • Medicaments: 2.7% ($3.58 billion)
  • Motor cars and other motor vehicles: 2.59% ($3.44 billion) 
  • Petroleum oils and waste oils: 2.27% ($3.02 billion)
  • Electrical energy: 1.96% ($2.61 billion)
  • Electrical apparatus: 1.86% ($2.47 billion)
  • Electronic integrated circuits: 1.81% ($2.4 billion)
  • Insulated wires and cables: 1.55% ($2.06 billion)
  • Partners

    Top 10 Import Partners of Romania

    Interestingly, Germany emerges as the leading import partner of Romania, reflecting the strong economic ties between the two nations. Germany is closely followed by Italy and Bulgaria, which further contribute to Romania's diverse import portfolio. Romania’s top 10 import partners in 2022 include:

    Value In Percentage(%)

  • Germany: 17.7% (23 billion US$)
  • Italy: 8.19% (10.8 billion US$)
  • Bulgaria: 7.05% (9.36 billion US$)
  • Hungary: 6.51% (8.65 billion US$)
  • Poland: 5.93% (7.87 billion US$)
  • Turkey: 5.58% (7.4 billion US$)
  • China: 5.13% (6.81 billion US$)
  • Russia: 4.34% (5.75 billion US$)
  • Netherlands: 4.01% (5.32 billion US$)
  • France: 3.88% (5.15 billion US$)
  • Sample Data

    Romania Import Data: An Overview

    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. To comprehend the import landscape of Romania, looking into the country's import data provides valuable insights. Romania import data tracks the flow of goods and services entering the country from various international sources. The data is a comprehensive collection of information related to imports, including the nature of goods, quantity, value, and the countries of origin. This data helps businesses, policymakers, and researchers make informed decisions and identify opportunities in the market. According to Romania's customs data for imports, Romania imported goods worth a total of $132 billion in 2022. We offer you really helpful and informative Romania import data and shipment data information. All of the information in our database is derived from recently updated shipping bills, invoices, and other crucial transaction documents. You will undoubtedly find our database and information to be very helpful in identifying the ideal market for gauging possible gains and market risks. We obtain trustworthy data from institutions, other shipping firms, and approved ports in Romania. Import data from Romania includes a range of fields, such as HS codes and product descriptions with the amount, price, and units of each sent item.

    Benefits

    Benefits of Romania’s Import Data

  • Construct your business for the Romanian market.
  • Explore the latest price and demand projections for products in Romania.
  • Monitoring and following up on your competitors' shipment records.
  • Build your marketing strategy on data.
  • Leave a lasting impact on your brand in Romania.
  • Determine future objectives for your business and boost ROI.
  • Frequently Asked Questions!!

    According to recent forecasts, Romania's import data for 2022, Romania imported goods worth a total of $132 billion in 2022. with an increase of 14% compared to the previous year.

    The main products that Romania imports include machinery and equipment, fuels and minerals, chemicals, and textiles.

    The majority of Romania's imports come from other European Union countries, with Germany, Italy, and Hungary being the top trading partners.

    Romania's import data plays a significant role in its economy, as it affects the country's trade balance and overall economic growth.

    Factors such as global market conditions, exchange rates, domestic demand, and government policies can all influence Romania's import data.

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