info romania

Information:

Romania

(information)

Population as of 2020: 19 million                      62 of 193
                        highestnext higher                next lowerlowest

Region: Eastern Europe

Nominal G.D.P. in 2024: $382.77 billion                      41 of 193
                        highestnext higher                next lowerlowest

Top Exports

Romania is one of Eastern Europe's most industrialized economies, with exports dominated by **automobiles, machinery, electronics, and industrial manufacturing** rather than raw materials. Romania exported approximately **US$100.4 billion** worth of goods in 2024.

| Rank | Export Product                             | Estimated Export Value (USD) |
| ---- | ------------------------------------------ | ---------------------------: |
| 1    | Electrical machinery & equipment           |         **~US$17.9 billion** |
| 2    | Vehicles (cars, trucks, auto assemblies)   |         **~US$17.3 billion** |
| 3    | Machinery, reactors & industrial equipment |         **~US$10.2 billion** |
| 4    | Mineral fuels & refined petroleum products |          **~US$4.9 billion** |
| 5    | Rubber products (especially tires)         |          **~US$3.6 billion** |
| 6    | Cereals (wheat, corn, barley)              |          **~US$3.2 billion** |
| 7    | Optical, medical & technical instruments   |          **~US$3.2 billion** |
| 8    | Iron & steel articles                      |          **~US$3.1 billion** |
| 9    | Furniture & prefabricated buildings        |          **~US$3.0 billion** |
| 10   | Plastics & plastic articles                |          **~US$2.6 billion** |
| 11   | Vehicle parts & accessories                |         **~US$8–10 billion** |
| 12   | Passenger cars                             |          **~US$8.0 billion** |
| 13   | Insulated electrical wire & cable          |          **~US$4–5 billion** |
| 14   | Rubber tires                               |          **~US$2–3 billion** |
| 15   | Seats for motor vehicles                   |        **~US$1.5–2 billion** |
| 16   | Refined petroleum oils                     |        **~US$1.5–2 billion** |
| 17   | Wheat                                      |          **~US$1–2 billion** |
| 18   | Corn (maize)                               |            **~US$1 billion** |
| 19   | Pharmaceuticals                            |            **~US$1 billion** |
| 20   | Footwear & apparel products                |            **~US$1 billion** |

Romania's export basket is led by electrical equipment, vehicles, machinery, fuels, rubber products, and agricultural commodities. Together, electrical equipment, vehicles, and machinery account for nearly half of all exports.

Key Takeaways

* 🚗 **Automotive manufacturing is a pillar of the economy**

  * Cars, vehicle parts, tires, wiring harnesses, and automotive components are among Romania's largest exports.

* ⚡ **Electronics are Romania's largest export category**

  * Electrical equipment and components generated nearly US$18 billion in exports in 2024.

* 🏭 **Manufacturing dominates**

  * About three-quarters of Romania's exports are manufactured goods, making it one of the most industrialized economies in Eastern Europe.

* 🌾 **Agriculture remains important**

  * Romania is a major exporter of wheat, corn, and other cereals within the European Union.

* 🇪🇺 **Deeply integrated into European supply chains**

  * Much of Romania's manufacturing output feeds automotive and industrial production across Europe.

Top Importers of Romania's Exports (2024)

| Rank | Country        |         Imports from Romania |
| ---- | -------------- | ---------------------------: |
| 1    | Germany        | **~US$20.6 billion** (20.5%) |
| 2    | Italy          |   **~US$9.6 billion** (9.5%) |
| 3    | France         |   **~US$6.3 billion** (6.3%) |
| 4    | Hungary        |   **~US$5.3 billion** (5.3%) |
| 5    | Bulgaria       |   **~US$4.4 billion** (4.4%) |
| 6    | Poland         |   **~US$4.0 billion** (4.0%) |
| 7    | Netherlands    |   **~US$3.7 billion** (3.6%) |
| 8    | Türkiye        |   **~US$3.6 billion** (3.6%) |
| 9    | Czech Republic |   **~US$3.3 billion** (3.3%) |
| 10   | United Kingdom |   **~US$3.1 billion** (3.1%) |

*Just outside the top 10:* Spain (~3.1%), United States (~2.5%), Moldova (~2.4%).

Key Patterns

* 🇪🇺 **The European Union dominates Romanian trade**

  * About **84% of Romania's exports** go to European countries.

* 🇩🇪 **Germany is by far Romania's largest customer**

  * Germany alone purchases about **one-fifth of all Romanian exports**, mainly:

    * automobiles
    * auto parts
    * machinery
    * electronics.

* 🚗 **Automotive supply chains drive exports**

  * Romania is deeply integrated into European manufacturing networks, especially with Germany, Italy, France, and Hungary.

* 🏭 **Manufactured goods dominate**

  * Cars, electrical equipment, machinery, vehicle parts, tires, and industrial products account for much of the export value.

* 🌍 **Non-EU markets remain relatively small**

  * Türkiye, the United Kingdom, and the United States are important, but the Romanian economy remains overwhelmingly tied to the European market.