Cars in Romania

EXPORTS (2018): $5.62B, World Rnk 25 / 209
Flag Rnk 2 / 1169

TOP DESTINATION (2018): $1.05B, France

FASTEST GROWING MARKET (2017 - 2018): $433M, France

IMPORTS (2018): $2.96B, World Rnk 39 / 220
Flag Rnk 3 / 1207

TOP ORIGIN (2018): $934M, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $165M, Germany

ECONOMIC COMPLEXITY of Romania (2018): 0.92, Rnk 29 / 137

PRODUCT COMPLEXITY  IN Cars (2018): 0.78, Rnk 249 / 1018

Exports: In 2018, Romania exported $5.62B 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: France ($1.05B), Italy ($987M), Germany ($927M), United Kingdom ($486M), and Spain ($322M).

The fastest growing export markets for Cars of Romania between 2017 and 2018 were France ($433M), Germany ($382M), and Italy ($378M).

Imports: In 2018, Romania imported $2.96B in Cars, becoming the 39th 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 ($934M), Czechia ($295M), Hungary ($210M), Spain ($207M), and Belgium-Luxembourg ($187M).

The fastest growing import markets in Cars for Romania between 2017 and 2018 were Germany ($165M), Belgium-Luxembourg ($103M), and France ($55.1M).

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%).

Value

EXPORTS (2018): $5.62B

IMPORTS (2018): $2.96B

NET TRADE (2018): $2.65B

In 2018, Romania exported $5.62B in Cars. The main destinations of Romania exports on Cars were France ($1.05B), Italy ($987M), Germany ($927M), United Kingdom ($486M), and Spain ($322M).

In 2018, Romania imported $2.96B in Cars, mainly from Germany ($934M), Czechia ($295M), Hungary ($210M), Spain ($207M), and Belgium-Luxembourg ($187M).

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IN 2018, Romania HAD A POSITIVE NET TRADE IN Cars WITH:

IN 2018, Romania HAD A NEGATIVE NET TRADE IN Cars WITH:

Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR Romania WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Romania WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Romania's main exporting competitors in Cars were:

In 2018, Romania's main importing competitors in Cars were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Cars in Romania. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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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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