Flag Turkey / Romania Flag

2019
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Exports
: $4.15B, Rnk 11 / 213

2019
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Top Product
: $228M, Vehicle Parts

2019
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Exports
: $2.62B, Rnk 8 / 195

2019
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Top Product
: $220M, Corn

2019
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Economic Complexity (ECI)
: ECI 0.69, Rnk 41 / 157

2019
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Economic Complexity (ECI)
: ECI 1.15, Rnk 24 / 157

2019
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GDP
: $761B, CURRENT US$
Rnk 19 / 187

2009-2019
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GDP GROWTH
: 17.3%, CURRENT US$
Rnk 153 / 187

2019
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 GDP
: $250B, CURRENT US$
Rnk 46 / 187

2009-2019
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GDP GROWTH
: 43.6%, CURRENT US$
Rnk 103 / 187

2019
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GDP PC 
: $9,127, CURRENT US$
Rnk 77 / 187

2009-2019
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GDP PC GROWTH
: 0.25%, CURRENT US$
Rnk 159 / 187

2019
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GDP PC 
: $12,920, CURRENT US$
Rnk 62 / 187

2009-2019
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GDP PC GROWTH
: 51.1%, CURRENT US$
Rnk 55 / 187

Turkey-Romania: In 2019, Turkey exported $4.15B to Romania. The main products that Turkey exported to Romania are Vehicle Parts ($228M), Cars ($196M), and Buses ($140M). During the last 24 years the exports of Turkey to Romania have increased at an annualized rate of 11.3%, from $315M in 1995 to $4.15B in 2019.

In 2011, Turkey exported services to Romania worth $7.44M, with Other business services ($5.58M) and Insurance services ($1.86M) being the largest in terms of value.

Romania-Turkey: In 2019, Romania exported $2.62B to Turkey . The main products that Romania exported to Turkey were Corn ($220M), Scrap Iron ($213M), and Spark-Ignition Engines ($202M). During the last 24 years the exports of Romania to Turkey have increased at an annualized rate of 8.38%, from $380M in 1995 to $2.62B in 2019.

In 2016, Romania exported services to Turkey worth $163M, with Transportation ($86.8M), Travel ($41.6M), and Other business services ($25.3M) being the largest in terms of value.

Comparison: In 2019,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.69), and 29 in total exports ($187B). That same year, Romania ranked 24 in the Economic Complexity Index (ECI 1.15), and 41 in total exports ($78.7B).

Bilateral Trade by Products

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Depth
Value

In 2019, Turkey exported $4.15B to Romania. The main products exported from Turkey to Romania were Vehicle Parts ($228M), Cars ($196M), and Buses ($140M). During the last 24 years the exports of Turkey to Romania have increased at an annualized rate of 11.3%, from $315M in 1995 to $4.15B in 2019.

In 2019, Romania exported $2.62B to Turkey. The main products exported from Romania to Turkey were Corn ($220M), Scrap Iron ($213M), and Spark-Ignition Engines ($202M). During the last 24 years the exports of Romania to Turkey have increased at an annualized rate of 8.38%, from $380M in 1995 to $2.62B in 2019.

Market Competitiveness

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Measure

Turkey
Top Destination
: Germany, $16.8B

Romania
Top Destination
: Germany, $17.3B

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

In 2019, countries that imported more from Turkey than Romania were Iraq ($10.2B), United Kingdom ($12.1B), and United States ($9.45B).

In 2019, countries that imported more from Romania than Turkey were Hungary ($3.32B), Czechia ($2.48B), and Slovakia ($1.63B).

Comparative Advantage Turkey - Romania

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Depth

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

During 2019, Turkey had a large net trade with Romania in the exports of Metals ($953M), Machines ($776M), and Transportation ($670M).

During 2019, Romania had a large net trade with Turkey in the exports of Metals ($561M), Machines ($540M), and Transportation ($387M).

Tariff Section

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This section shows import tariffs for products traded between Turkey and Romania (using the HS6 product classification and the last year reported).

In 2018, the products from Turkey that paid the highest import tariffs to enter Romania were Bovine cuts boneless, fresh or chilled (225%) and Bovine cuts boneless, frozen (225%).

In 2017, the products from Romania that paid the highest import tariffs to enter Turkey were Whey (173%) and Mushrooms, prepared or preserved, not in vinegar (117%).

Explore Tariff Data

*The tariffs present between Turkey and Romania are:
136: Most Favoured Nation duty rate treatement
139: Non-MFN duty rate for countries excluded from Most-Favoured- Nation (MFN) treatement
219: Preferential tariff for European Union countries (AA) Association Agreement

Bilateral Service Trade

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In 2011, Turkey exported services to Romania worth $7.44M, with Other business services ($5.58M) and Insurance services ($1.86M) being the largest in terms of value.

In 2016, Romania exported services to Turkey worth $163M, with Transportation ($86.8M), Travel ($41.6M), and Other business services ($25.3M) 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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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Turkey has comparative advantage over Romania. Similarly, the more red a dot/product is, the more Romania has comparative advantage over Turkey.