EXPORTS (2019): $5.53B, World Rnk 25 / 221
Rnk 2 / 1202
TOP DESTINATION (2019): $1.02B, Italy
FASTEST GROWING MARKET (2018 - 2019): $280M, Netherlands
IMPORTS (2019): $3.23B, World Rnk 37 / 225 Rnk 3 / 1214
TOP ORIGIN (2019): $996M, Germany
FASTEST GROWING ORIGIN (2018 - 2019): $63.9M, Germany
ECONOMIC COMPLEXITY of Romania (2019): 1.12, Rnk 25 / 157
PRODUCT COMPLEXITY IN Cars (2019): 0.84, Rnk 237 / 1029
Exports: In 2019, Romania exported $5.53B in Cars, making it the 25th 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 ($1.02B), France ($930M), Germany ($893M), Netherlands ($352M), and Spain ($283M).
The fastest growing export markets for Cars of Romania between 2018 and 2019 were Netherlands ($280M), Poland ($64.6M), and South Africa ($53.5M).
Imports: In 2019, Romania imported $3.23B in Cars, becoming the 37th 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 ($996M), Czechia ($312M), Austria ($226M), Hungary ($226M), and Belgium ($204M).
The fastest growing import markets in Cars for Romania between 2018 and 2019 were Germany ($63.9M), France ($45M), and Austria ($43.5M).
Tariffs: In 2005, the average tariff for Romania in Cars was 25.8%. The countries with the highest import tariffs for Cars were Angola (30%), Burundi (30%), Benin (30%), Burkina Faso (30%), and Botswana (30%).
EXPORTS (2019): $5.53B
IMPORTS (2019): $3.23B
NET TRADE (2019): $2.29B
In 2019, Romania exported $5.53B in Cars. The main destinations of Romania exports on Cars were Italy ($1.02B), France ($930M), Germany ($893M), Netherlands ($352M), and Spain ($283M).
In 2019, Romania imported $3.23B in Cars, mainly from Germany ($996M), Czechia ($312M), Austria ($226M), Hungary ($226M), and Belgium ($204M).
IN 2019, Romania HAD A POSITIVE NET TRADE IN Cars WITH:
THE FASTEST GROWING Cars EXPORT MARKETS FOR Romania WERE (2018 - 2019):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Romania WERE (2018 - 2019):
In 2018, Romania's main exporting competitors in Cars were:
In 2018, Romania's main importing competitors in Cars were:
In 2005, the average tariff for Romania in Cars was 25.8%.
The countries with the highest tariffs for Cars in Romania were Angola (30%), Burundi (30%), Benin (30%), Burkina Faso (30%), and Botswana (30%).
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