Romania-Turkey Trade: 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). Over the past 5 years the exports of Romania to Turkey have increased at an annualized rate of 4.62%, from $2.52B in 2017 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 Trade: 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). Over the past 5 years the exports of Turkey to Romania have increased at an annualized rate of 18.2%, from $3.41B in 2017 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 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). That same year, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).