2023
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GDP
$351BCURRENT US$
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GDP GROWTH
84.8%CURRENT US$
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$4.2TCURRENT US$
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-19.3%CURRENT US$
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$18,404CURRENT US$
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93.8%CURRENT US$
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$33,767CURRENT US$
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-17.4%CURRENT US$
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About

Romania-Japan Trade: In 2023, Romania exported $1.3B to Japan. The main products that Romania exported to Japan were Processed Tobacco ($800M), Video Recording Equipment ($45.5M), and Wood Carpentry ($40M). Over the past 5 years the exports of Romania to Japan have increased at an annualized rate of 10.5%, from $793M in 2018 to $1.3B in 2023.

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.

Japan-Romania Trade: In 2023, Japan exported $433M to Romania. The main products that Japan exported to Romania were Cars ($138M), Copper Plating ($21.7M), and Flat-Rolled Stainless Steel ($15.4M). Over the past 5 years the exports of Japan to Romania have increased at an annualized rate of 0.6%,  from $420M in 2018 to $433M in 2023.

In 2023, Japan did not export any services to Romania.

Comparison: In 2023,  Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Romania exported $1.3B to Japan. The main products exported from Romania to Japan were Processed Tobacco ($800M), Video Recording Equipment ($45.5M), and Wood Carpentry ($40M). During the last 5 years the exports of Romania to Japan have increased at an annualized rate of 10.5%, from $793M in 2018 to $1.3B in 2023.

In 2018, Japan exported $433M to Romania. The main products exported from Japan to Romania were Cars ($138M), Copper Plating ($21.7M), and Flat-Rolled Stainless Steel ($15.4M). During the last 5 years the exports of Japan to Romania have increased at an annualized rate of 0.6%, from $420M in 2023 to $433M in 2018.

Exports from Romania (Flag) to Japan (Flag) (2023)

Exports from Japan (Flag) to Romania (Flag) (2023)

Latest Data

Trade between Romania (Flag) and Japan (Flag)

Romania Exports

Japan Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$19.9B
Japan
Top Destination
United States$143B

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

In 2023, countries that imported more from Romania than Japan included Italy ($10.2B), Bulgaria ($4.03B), and Hungary ($4.22B).

In 2023, countries that imported more from Japan than Romania included United States ($143B), China ($138B), and Chinese Taipei ($43B).

Difference in imports from Japan (Flag) and Romania (Flag) (2023)

Comparative Advantage Romania - Japan

Flow
Scale

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

During 2023, Romania had a large net trade with Japan in the exports of Foodstuffs ($802M), Machines ($162M), and Textiles ($133M).

During 2018, Japan had a large net trade with Romania in the exports of Transportation ($157M), Machines ($129M), and Metals ($67.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Japan+$37.8MTelephones
Top Product Potential Japan Romania+$126MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Romania and Japan. This means that a dot/product with the flag of Romania indicates it has a comparative advantage over Japan. Similarly, a dot/product with the flag of Japan indicates it has a comparative advantage over Romania.

Product Space of Romania (Flag) and Japan (Flag) (2023)

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