2022
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GDP
$906BCURRENT US$
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2012-2022
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GDP GROWTH
2.89%CURRENT US$
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2022
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 GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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GDP PC 
$10,616CURRENT US$
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2012-2022
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GDP PC GROWTH
-9.24%CURRENT US$
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2022
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GDP PC
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
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About

Turkey-Romania In 2022, Turkey exported $7.88B to Romania. The main products that Turkey exported to Romania are Refined Petroleum ($961M), Crude Petroleum ($818M), and Other Small Iron Pipes ($279M). During the last 27 years the exports of Turkey to Romania have increased at an annualized rate of 12.5%, from $327M in 1995 to $7.88B in 2022.

In 2009, Turkey exported services to Romania worth $7.23M, with Other business services ($6.2M) and Insurance services ($1.03M) being the largest in terms of value.

Romania-Turkey In 2022, Romania exported $3.16B to Turkey. The main products that Romania exported to Turkey were Scrap Iron ($452M), Cars ($396M), and Spark-Ignition Engines ($254M). During the last 27 years the exports of Romania to Turkey have increased at an annualized rate of 8.06%, from $390M in 1995 to $3.16B in 2022.

In 2020, Romania exported services to Turkey worth $162M, with Transportation ($61.9M), Other business services ($56.4M), and Travel ($12.6M) being the largest in terms of value.

Comparison In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $7.88B to Romania. The main products exported from Turkey to Romania were Refined Petroleum ($961M), Crude Petroleum ($818M), and Other Small Iron Pipes ($279M). During the last 27 years the exports of Turkey to Romania have increased at an annualized rate of 12.5%, from $327M in 1995 to $7.88B in 2022.

In 2022, Romania exported $3.16B to Turkey. The main products exported from Romania to Turkey were Scrap Iron ($452M), Cars ($396M), and Spark-Ignition Engines ($254M). During the last 27 years the exports of Romania to Turkey have increased at an annualized rate of 8.06%, from $390M in 1995 to $3.16B in 2022.

Exports from Turkey (Flag) to Romania (Flag) (2022)

Exports from Romania (Flag) to Turkey (Flag) (2022)

Latest Data

Trade between Turkey (Flag) and Romania (Flag)

Turkey Exports

Romania Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$21.9B
Romania
Top Destination
Germany$18.8B

This map shows whether countries import more from Turkey or Romania. Each country is colored based on the difference in imports they receive from Turkey and Romania or the difference in the growth in imports.

In 2021, countries that imported more from Turkey than Romania were United States ($17.1B), Iraq ($13.7B), and United Kingdom ($13.7B).

In 2021, countries that imported more from Romania than Turkey were Hungary ($6.75B), Moldova ($2.14B), and Slovakia ($1.9B).

Difference in imports from Romania (Flag) and Turkey (Flag) (2022)

Comparative Advantage Turkey - Romania

Flow
Scale

This chart compares trade between Turkey and Romania by product, considering products traded by both, Turkey and Romania.

During 2022, Turkey had a large net trade with Romania in the exports of Mineral Products ($2.04B), Metals ($1.72B), and Machines ($743M).

During 2022, Romania had a large net trade with Turkey in the exports of Metals ($867M), Machines ($712M), and Transportation ($604M).

Service Trade

Bilateral Service Trade

Tur Year

In 2009, Turkey exported services to Romania worth $7.23M, with Other business services ($6.2M) and Insurance services ($1.03M) being the largest in terms of value.

In 2020, Romania exported services to Turkey worth $162M, with Transportation ($61.9M), Other business services ($56.4M), and Travel ($12.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Turkey (Flag) to Romania (Flag) (2009)

Services Exports from Romania (Flag) to Turkey (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Turkey has comparative advantage over Romania. Similarly, the more yellow a dot/product is, the more Romania has comparative advantage over Turkey.

Product Space of Turkey (Flag) and Romania (Flag) (2022)

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