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

Romania-Turkey In 2022, Romania exported $3.16B to Turkey. The main products that Romania exported to Turkey are 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.

Turkey-Romania In 2022, Turkey exported $7.88B to Romania. The main products that Turkey exported 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 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.

Comparison In 2022,  Romania ranked 22 in the Economic Complexity Index (ECI 1.05), and 43 in total exports ($99.5B). That same year, Turkey ranked 39 in the Economic Complexity Index (ECI 0.59), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

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.

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.

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

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

Latest Data

Trade between Romania (Flag) and Turkey (Flag)

Romania Exports

Turkey Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Romania - Turkey

Flow
Scale

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

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

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

Service Trade

Bilateral Service Trade

Tur Year

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.

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.

Service trade data is presented based on availability.

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

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

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

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

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