2022
Exports
$1.07BWorld Rnk 30 / 217
Flag Rnk 16 / 1204
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$3.47BWorld Rnk 24 / 224
Flag Rnk 4 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $1.07B in Packaged Medicaments, making it the 30th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 16th most exported product in Romania. The main destination of Packaged Medicaments exports from Romania are: Germany ($182M), Czechia ($97.7M), Hungary ($97.3M), Switzerland ($55.5M), and United States ($52.9M).

The fastest growing export markets for Packaged Medicaments of Romania between 2021 and 2022 were United States ($23.3M), United Kingdom ($17.5M), and Croatia ($12.3M).

Imports In 2022, Romania imported $3.47B in Packaged Medicaments, becoming the 24th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 4th most imported product in Romania. Romania imports Packaged Medicaments primarily from: Germany ($704M), Hungary ($608M), Switzerland ($398M), France ($254M), and Belgium ($199M).

The fastest growing import markets in Packaged Medicaments for Romania between 2021 and 2022 were Netherlands ($54.1M), Poland ($53.9M), and Hungary ($53.8M).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
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 Packaged Medicaments. 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

Trade Balance

Color
EXPORTS (2022)$1.07B
IMPORTS (2022)$3.47B
NET TRADE (2022)-$2.4B

In 2022, Romania exported $1.07B in Packaged Medicaments. The main destinations of Romania exports on Packaged Medicaments were Germany ($182M), Czechia ($97.7M), Hungary ($97.3M), Switzerland ($55.5M), and United States ($52.9M).

In 2022, Romania imported $3.47B in Packaged Medicaments, mainly from Germany ($704M), Hungary ($608M), Switzerland ($398M), France ($254M), and Belgium ($199M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Romania WERE (2021 - 2022):
United States$23.3M (78.7%)
United Kingdom$17.5M (101%)
Croatia$12.3M (615%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Romania WERE (2021 - 2022):
Russia-$58.3M (-68.1%)
Netherlands-$14.5M (-21.5%)
Poland-$10.8M (-26.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Packaged Medicaments were:
In 2022, Romania's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $102M
TOP IMPORT POTENTIALGermany+ $152M

Packaged Medicaments’s highest export potential is United States. With an export gap of $102M.   Packaged Medicaments’s highest import potential is Germany with an import gap of $152M.

See methodology.

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