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Romania is the 34th largest export economy in the world. In 2016, Romania exported $63.4B and imported $74.4B, resulting in a negative trade balance of $10.9B.

The top exports of Romania are Vehicle Parts ($6.69B), Insulated Wire ($4.61B), Cars ($4.06B), Unspecified ($2.69B) and Electrical Control Boards ($1.99B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Unspecified ($3.79B), Vehicle Parts ($3.71B), Packaged Medicaments ($2.69B), Cars ($2.33B) and Crude Petroleum ($2.15B).

The top export destinations of Romania are Germany ($13.7B), Italy ($7.37B), France ($4.59B), Hungary ($3.3B) and the United Kingdom ($2.75B). The top import origins are Germany ($15.2B), Italy ($7.31B), Hungary ($5.14B), France ($4.02B) and Poland ($3.49B).

Romania borders Bulgaria, Hungary, Moldova, Serbia and Ukraine by land and Turkey by sea.

Economic Complexity of Romania

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