2019 Exports | Imports: $937M | $2.93B, World Rnk 31 / 205
Rnk 13 / 1202 | World Rnk 25 / 224 Rnk 4 / 1214
2019 Destination | Origin: $208M | $566M, Germany | Germany
2018 - 2019 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $43.7M | $92.8M, Germany | Germany
2019 ECONOMIC COMPLEXITY of Romania: 1.12, Rnk 25 / 157
2019 PRODUCT COMPLEXITY IN Packaged Medicaments: 0.64, Rnk 320 / 1029
Exports: In 2019, Romania exported $937M in Packaged Medicaments, making it the 31st largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 13th most exported product in Romania. The main destination of Packaged Medicaments exports from Romania are: Germany ($208M), Russia ($100M), Czechia ($77M), Bulgaria ($64.8M), and United Kingdom ($59.4M).
The fastest growing export markets for Packaged Medicaments of Romania between 2018 and 2019 were Germany ($43.7M), Switzerland ($27.8M), and Czechia ($10.5M).
Imports: In 2019, Romania imported $2.93B in Packaged Medicaments, becoming the 25th 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 ($566M), Hungary ($517M), France ($277M), Switzerland ($221M), and Netherlands ($218M).
The fastest growing import markets in Packaged Medicaments for Romania between 2018 and 2019 were Germany ($92.8M), France ($40.2M), and Switzerland ($29.7M).
Tariffs: In 2005, the average tariff for Romania in Packaged Medicaments was 1.87%. The countries with the highest import tariffs for Packaged Medicaments were Egypt (3.5%), Tunisia (3.5%), Bangladesh (3.5%), South Korea (3.5%), and Pakistan (3.5%).
EXPORTS (2019): $937M
IMPORTS (2019): $2.93B
NET TRADE (2019): -$1.99B
In 2019, Romania exported $937M in Packaged Medicaments. The main destinations of Romania exports on Packaged Medicaments were Germany ($208M), Russia ($100M), Czechia ($77M), Bulgaria ($64.8M), and United Kingdom ($59.4M).
In 2019, Romania imported $2.93B in Packaged Medicaments, mainly from Germany ($566M), Hungary ($517M), France ($277M), Switzerland ($221M), and Netherlands ($218M).
IN 2019, Romania HAD A POSITIVE NET TRADE IN Packaged Medicaments WITH:
IN 2019, Romania HAD A NEGATIVE NET TRADE IN Packaged Medicaments WITH:
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Romania WERE (2018 - 2019):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Romania WERE (2018 - 2019):
In 2018, Romania's main exporting competitors in Packaged Medicaments were:
In 2018, Romania's main importing competitors in Packaged Medicaments were:
In 2005, the average tariff for Romania in Packaged Medicaments was 1.87%.
The countries with the highest tariffs for Packaged Medicaments in Romania were Egypt (3.5%), Tunisia (3.5%), Bangladesh (3.5%), South Korea (3.5%), and Pakistan (3.5%).
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