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2022
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Exports $474MRnk 66 / 211
2022
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Top Product $183MCars
2022
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Exports $899MRnk 25 / 196
2022
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Top Product $430MProcessed Tobacco
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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Economic Complexity (ECI) ECI 1.03Rnk 26 / 133
2022
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GDP$4.23TCURRENT US$
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2012-2022
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GDP GROWTH-32.5%CURRENT US$
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2022
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 GDP$301BCURRENT US$
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2012-2022
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GDP GROWTH68.2%CURRENT US$
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2022
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GDP PC $33,815CURRENT US$
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2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
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2022
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GDP PC$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH77.9%CURRENT US$
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About

Japan-Romania Trade: In 2022, Japan exported $474M to Romania. The main products that Japan exported to Romania were Cars ($183M), Motor vehicles; parts and accessories (8701 to 8705) ($29.4M), and Flat-Rolled Stainless Steel ($18.6M). Over the past 5 years the exports of Japan to Romania have increased at an annualized rate of 2.73%, from $414M in 2017 to $474M in 2022.

In 2022, Japan did not export any services to Romania.

Romania-Japan Trade: In 2022, Romania exported $899M to Japan. The main products that Romania exported to Japan were Processed Tobacco ($430M), Wood Carpentry ($126M), and Sawn Wood ($67.6M). Over the past 5 years the exports of Romania to Japan have increased at an annualized rate of 16.2%,  from $425M in 2017 to $899M in 2022.

In 2020, Romania exported services to Japan worth $52.9M, with Computer and information services ($41.6M), Other business services ($4M), and Transportation ($3.77M) being the largest in terms of value.

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Latest Trends

September, 2024

About

Overview In September 2024, Japan exported ¥9.69B and imported ¥14.6B from Romania, resulting in a negative trade balance of ¥4.87B. Between September 2023 and September 2024 the exports of Japan have increased by ¥3.5B (56.6%) from ¥6.19B to ¥9.69B, while imports decreased by ¥-2.76B (-15.9%) from ¥17.3B to ¥14.6B.

Trade In September 2024, the top exports of Japan to Romania were Cars (¥1.58B), Motor vehicles; parts and accessories (8701... (¥252M), Copper Plating (¥242M), Air Pumps (¥146M), and Synthetic Rubber (¥133M). In September 2024 the top imports of Japan from Romania were Inhalable tobacco/nicotine products (¥10.7B), Wood Carpentry (¥471M), Broadcasting Equipment (¥467M), Non-Knit Women's Coats (¥413M), and Telephones (¥378M).

Origins In September 2024 the exports of Japan were mainly from Aichi (¥6.82B), Hyōgo (¥510M), Yamaguchi (¥463M), Chiba (¥427M), and Kanagawa (¥397M), while imports destinations were mainly Tokyo (¥6.57B), Chiba (¥2.28B), Hyōgo (¥1.89B), Aichi (¥1.5B), and Osaka (¥1.21B).

Growth In September 2024, the increase in Japan's year-by-year exports to Romania was explained primarily by an increase in product exports in Cars (¥939M or 146%), Copper Plating (¥214M or 766%), and Optical Fibers and optical fibre bundles (¥86.6M or 1.23k%). In September 2024, the decrease in Japan's year-by-year imports  from Romania was explained primarily by an decrease in product imports  in Wood Carpentry (¥-1.63B or -77.6%), Sawn Wood (¥-174M or -37.2%), and Thermostats (¥-165M or -43.8%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)¥3.5B(56.6%)
IMPORT GROWTH (September 2023 - September 2024)¥-2.76B(-15.9%)
MAIN EXPORTER (September 2024)Aichi¥6.82B

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Romania and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Romania and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $474M to Romania. The main products exported from Japan to Romania were Cars ($183M), Motor vehicles; parts and accessories (8701 to 8705) ($29.4M), and Flat-Rolled Stainless Steel ($18.6M). During the last 5 years the exports of Japan to Romania have increased at an annualized rate of 2.73%, from $414M in 2017 to $474M in 2022.

In 2017, Romania exported $899M to Japan. The main products exported from Romania to Japan were Processed Tobacco ($430M), Wood Carpentry ($126M), and Sawn Wood ($67.6M). During the last 5 years the exports of Romania to Japan have increased at an annualized rate of 16.2%, from $425M in 2022 to $899M in 2017.

Exports from Japan (Flag) to Romania (Flag) (2022)

Exports from Romania (Flag) to Japan (Flag) (2022)

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Romania
Top DestinationGermany$18.8B

This map shows whether countries import more from Japan or Romania. Each country is colored based on the difference in imports they receive from Japan and Romania or the difference in the growth in imports.

In 2022, countries that imported more from Japan than Romania included United States ($137B), China ($135B), and South Korea ($50.8B).

In 2022, countries that imported more from Romania than Japan included Hungary ($6.75B), Italy ($9.55B), and Bulgaria ($3.9B).

Difference in imports from Romania (Flag) and Japan (Flag) (2022)

Comparative Advantage Japan - Romania

Flow
Scale

This chart compares trade between Japan and Romania by product, considering products traded by both, Japan and Romania.

During 2022, Japan had a large net trade with Romania in the exports of Transportation ($218M), Machines ($116M), and Metals ($61.2M).

During 2017, Romania had a large net trade with Japan in the exports of Foodstuffs ($432M), Wood Products ($213M), and Machines ($120M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Romania+$126MCars
Top Product Potential Romania Japan+$37.8MTelephones

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Romania exported services to Japan worth $52.9M, with Computer and information services ($41.6M), Other business services ($4M), and Transportation ($3.77M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania (Flag) to Japan (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Japan and Romania. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over Romania. Similarly, a dot/product with the flag of Romania indicates it has a comparative advantage over Japan.

Product Space of Japan (Flag) and Romania (Flag) (2022)

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