Exports In 2020, Romania exported $1.05B in Packaged Medicaments, making it the 30th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 10th most exported product in Romania. The main destination of Packaged Medicaments exports from Romania are: Germany ($172M), Russia ($130M), Czechia ($84.2M), Hungary ($68.4M), and Switzerland ($63.8M).
The fastest growing export markets for Packaged Medicaments of Romania between 2019 and 2020 were Switzerland ($29.8M), Russia ($28.8M), and Hungary ($22.9M).
Imports In 2020, Romania imported $3.17B in Packaged Medicaments, becoming the 24th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 2nd most imported product in Romania. Romania imports Packaged Medicaments primarily from: Germany ($617M), Switzerland ($553M), Hungary ($490M), France ($272M), and Belgium ($163M).
The fastest growing import markets in Packaged Medicaments for Romania between 2019 and 2020 were Switzerland ($333M), Germany ($51.5M), and Denmark ($21.2M).
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 (Preferential tariff under The Protocol on Trade Negotiations (PTN), 3.5%), Tunisia (Preferential tariff under The Protocol on Trade Negotiations (PTN), 3.5%), Bangladesh (Preferential tariff under The Protocol on Trade Negotiations (PTN), 3.5%), South Korea (Preferential tariff under The Protocol on Trade Negotiations (PTN), 3.5%), and Pakistan (Preferential tariff under The Protocol on Trade Negotiations (PTN), 3.5%).