HS Icon Cars in  Flag Romania

2020
Exports | Imports
: $5.75B | $2.49B, World Rnk 20 / 210
Flag Rnk 2 / 1193 | World Rnk 35 / 224
Flag Rnk 3 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $175M | $4.14M, Turkey |  Moldova

2020
ECONOMIC COMPLEXITY of Romania
: 1.01, Rnk 26 / 127

2020
PRODUCT COMPLEXITY  IN Cars
: 0.89, Rnk 214 / 1029

Exports In 2020, Romania exported $5.75B in Cars, making it the 20th largest exporter of Cars in the world. At the same year, Cars was the 2nd most exported product in Romania. The main destination of Cars exports from Romania are: Italy ($1.12B), France ($993M), Germany ($829M), Netherlands ($539M), and Turkey ($353M).

The fastest growing export markets for Cars of Romania between 2019 and 2020 were Turkey ($175M), Netherlands ($118M), and France ($71.5M).

Imports In 2020, Romania imported $2.49B in Cars, becoming the 35th largest importer of Cars in the world. At the same year, Cars was the 3rd most imported product in Romania. Romania imports Cars primarily from: Germany ($863M), Czechia ($242M), Austria ($183M), Belgium ($165M), and Spain ($155M).

The fastest growing import markets in Cars for Romania between 2019 and 2020 were Moldova ($4.14M), Mexico ($2.33M), and Serbia ($2.13M).

Tariffs In 2005, the average tariff for Romania in Cars was 25.8%. The countries with the highest import tariffs for Cars were Angola (Most Favoured Nation duty rate treatement, 30%), Burundi (Most Favoured Nation duty rate treatement, 30%), Benin (Most Favoured Nation duty rate treatement, 30%), Burkina Faso (Most Favoured Nation duty rate treatement, 30%), and Botswana (Most Favoured Nation duty rate treatement, 30%).

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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EXPORTS (2020): $5.75B

IMPORTS (2020): $2.49B

NET TRADE (2020): $3.26B

In 2020, Romania exported $5.75B in Cars. The main destinations of Romania exports on Cars were Italy ($1.12B), France ($993M), Germany ($829M), Netherlands ($539M), and Turkey ($353M).

In 2020, Romania imported $2.49B in Cars, mainly from Germany ($863M), Czechia ($242M), Austria ($183M), Belgium ($165M), and Spain ($155M).

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THE FASTEST GROWING Cars EXPORT MARKETS FOR Romania WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Romania WERE (2019 - 2020):

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Market Concentration

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In 2020, Romania's main exporting competitors in Cars were:

In 2020, Romania's main importing competitors in Cars were:

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