Romania / Turkey

Romania-Turkey Trade: In 2023, Romania exported $3.76B to Turkey. The main products that Romania exported to Turkey were Cars ($559M), Scrap Iron ($378M), and Spark-Ignition Engines ($370M). Over the past 5 years the exports of Romania to Turkey have increased at an annualized rate of 6.46%, from $2.75B in 2018 to $3.76B in 2023.

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 Trade: In 2023, Turkey exported $6.53B to Romania. The main products that Turkey exported to Romania were Refined Petroleum ($468M), Motor vehicles; parts and accessories (8701 to 8705) ($292M), and Other Small Iron Pipes ($251M). Over the past 5 years the exports of Turkey to Romania have increased at an annualized rate of 8.68%,  from $4.31B in 2018 to $6.53B in 2023.

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 2023,  Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B). That same year, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B).