Japan (JPN) and Romania (ROU) Trade | OEC - The Observatory of Economic Complexity

About

Japan-Romania In 2020, Japan exported $370M to Romania. The main products that Japan exported to Romania are Cars ($85.1M), Motor vehicles; parts and accessories (8701 to 8705) ($32.8M), and Semiconductor Devices ($13.1M). During the last 25 years the exports of Japan to Romania have increased at an annualized rate of 6.26%, from $81.1M in 1995 to $370M in 2020.

In 2020, Japan did not export any services to Romania.

Romania-Japan In 2020, Romania exported $683M to Japan. The main products that Romania exported to Japan were Processed Tobacco ($309M), Wood Carpentry ($81M), and Sawn Wood ($57.1M). During the last 25 years the exports of Romania to Japan have increased at an annualized rate of 11.1%, from $49M in 1995 to $683M in 2020.

In 2020, Romania exported services to Japan worth $52.9M, with Computer and information services ($41.6M), Other business services ($4M), and Transportation ($3.77M) being the largest in terms of value.

Comparison In 2020, Japan ranked 1 in the Economic Complexity Index (ECI 2.19), and 4 in total exports ($623B). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.01), and 41 in total exports ($73B).

Latest Trends

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November, 2022

About

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Overview In November 2022, Japan exported ¥4.94B and imported ¥12.4B from Romania, resulting in a negative trade balance of ¥7.42B. Between November 2021 and November 2022 the exports of Japan have increased by ¥1.4B (39.7%) from ¥3.54B to ¥4.94B, while imports increased by ¥1.42B (12.9%) from ¥10.9B to ¥12.4B.

Trade In November 2022, the top exports of Japan to Romania were Cars (¥2.21B), Flat-Rolled Stainless Steel (¥386M), Motor vehicles; parts and accessories (8701... (¥272M), Machinery Having Individual Functions (¥204M), and Air Pumps (¥149M). In November 2022 the top imports of Japan from Romania were Products containing tobacco, reconstituted tobacco, nicotine,... (¥6.71B), Sawn Wood (¥541M), Non-Knit Men's Coats (¥454M), Broadcasting Equipment (¥448M), and Non-Knit Women's Coats (¥351M).

Origins In November 2022 the exports of Japan were mainly from Aichi (¥1.9B), Chiba (¥672M), Kanagawa (¥664M), Yamaguchi (¥612M), and Osaka (¥405M), while imports destinations were mainly Tokyo (¥5.49B), Hyōgo (¥2.7B), Chiba (¥2B), Aichi (¥850M), and Osaka (¥627M).

Growth In November 2022, the increase in Japan's year-by-year exports to Romania was explained primarily by an increase in product exports in Motor vehicles; parts and accessories (8701... (¥277M or 83.6%), Commodities not elsewhere specified (¥160M or 105%), and Cars (¥145M or 16.9%). In November 2022, the increase in Japan's year-by-year imports from Romania was explained primarily by an increase in product imports in Processed Tobacco (¥3.86B or 117%), Non-Knit Men's Suits (¥145M or 101%), and Chemical Analysis Instruments (¥48.2M or 288%).

Latest Trade

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Flow

Time Scale

Depth

Value

EXPORT GROWTH (November 2021 - November 2022): ¥1.4B, (39.7%)

IMPORT GROWTH (November 2021 - November 2022): ¥1.42B, (12.9%)

MAIN EXPORTER (November 2022): Aichi, ¥1.9B

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Romania and Japan trade dynamics, check the bilateral page.

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Year

In 2020, Japan exported $370M to Romania. The main products exported from Japan to Romania were Cars ($85.1M), Motor vehicles; parts and accessories (8701 to 8705) ($32.8M), and Semiconductor Devices ($13.1M). During the last 25 years the exports of Japan to Romania have increased at an annualized rate of 6.26%, from $81.1M in 1995 to $370M in 2020.

In 2020, Romania exported $683M to Japan. The main products exported from Romania to Japan were Processed Tobacco ($309M), Wood Carpentry ($81M), and Sawn Wood ($57.1M). During the last 25 years the exports of Romania to Japan have increased at an annualized rate of 11.1%, from $49M in 1995 to $683M in 2020.

Market Competitiveness

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Measure

SectionYear

Japan
Top Destination: China, $133B

Romania
Top Destination: Germany, $15.9B

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

In 2019, countries that imported more from Japan than Romania were China ($133B), United States ($112B), and Chinese Taipei ($42.7B).

In 2019, countries that imported more from Romania than Japan were Italy ($7.45B), Bulgaria ($2.59B), and Hungary ($3.24B).

Comparative Advantage Japan - Romania

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Flow

Year

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

During 2020, Japan had a large net trade with Romania in the exports of Machines ($130M), Transportation ($123M), and Metals ($54.1M).

During 2020, Romania had a large net trade with Japan in the exports of Foodstuffs ($311M), Wood Products ($148M), and Machines ($92.4M).

Service Trade

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Bilateral Service Trade

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Rou Year

In 2020, Romania exported services to Japan worth $52.9M, with Computer and information services ($41.6M), Other business services ($4M), and Transportation ($3.77M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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Year

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 Japan has comparative advantage over Romania. Similarly, the more yellow a dot/product is, the more Romania has comparative advantage over Japan.

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Japan - Romania

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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