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2023
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Exports $433MRnk 76 / 211
2023
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Top Product $138MCars
2023
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Exports $1.3BRnk 19 / 199
2023
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Top Product $800MProcessed Tobacco
2023
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
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Economic Complexity (ECI) ECI 1.02Rnk 28 / 132
2023
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GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
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 GDP$351BCURRENT US$
Rnk 43 / 195
2013-2023
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GDP GROWTH84.8%CURRENT US$
Rnk 24 / 195
2023
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GDP PC $33,767CURRENT US$
Rnk 38 / 195
2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195
2023
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GDP PC$18,404CURRENT US$
Rnk 66 / 196
2013-2023
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GDP PC GROWTH93.8%CURRENT US$
Rnk 11 / 195

About

Japan-Romania Trade: In 2023, Japan exported $433M to Romania. The main products that Japan exported to Romania were Cars ($138M), Copper Plating ($21.7M), and Flat-Rolled Stainless Steel ($15.4M). Over the past 5 years the exports of Japan to Romania have increased at an annualized rate of 0.6%, from $420M in 2018 to $433M in 2023.

In 2023, Japan did not export any services to Romania.

Romania-Japan Trade: In 2023, Romania exported $1.3B to Japan. The main products that Romania exported to Japan were Processed Tobacco ($800M), Video Recording Equipment ($45.5M), and Wood Carpentry ($40M). Over the past 5 years the exports of Romania to Japan have increased at an annualized rate of 10.5%,  from $793M in 2018 to $1.3B in 2023.

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 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B).

Latest Trends

November, 2024

About

Overview In November 2024, Japan exported ¥5.77B and imported ¥13.6B from Romania, resulting in a negative trade balance of ¥7.83B. Between November 2023 and November 2024 the exports of Japan have decreased by ¥-809M (-12.3%) from ¥6.58B to ¥5.77B, while imports decreased by ¥-993M (-6.81%) from ¥14.6B to ¥13.6B.

Trade In November 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 November 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 November 2024 the exports of Japan were mainly from Aichi (¥3.07B), Yamaguchi (¥601M), Osaka (¥493M), Chiba (¥421M), and Hyōgo (¥263M), while imports destinations were mainly Hyōgo (¥6.5B), Chiba (¥2.4B), Tokyo (¥1.85B), Aichi (¥1.27B), and Osaka (¥752M).

Growth In November 2024, the decrease in Japan's year-by-year exports to Romania was explained primarily by an decrease in product exports in Commodities not elsewhere specified (¥-452M or -91.8%), Motor vehicles; parts and accessories (8701... (¥-131M or -34.3%), and Electric Batteries (¥-92M or -74.2%). In November 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 (November 2023 - November 2024)¥-809M(-12.3%)
IMPORT GROWTH (November 2023 - November 2024)¥-993M(-6.81%)
MAIN EXPORTER (November 2024)Aichi¥3.07B

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 2023, Japan exported $433M to Romania. The main products exported from Japan to Romania were Cars ($138M), Copper Plating ($21.7M), and Flat-Rolled Stainless Steel ($15.4M). During the last 5 years the exports of Japan to Romania have increased at an annualized rate of 0.6%, from $420M in 2018 to $433M in 2023.

In 2018, Romania exported $1.3B to Japan. The main products exported from Romania to Japan were Processed Tobacco ($800M), Video Recording Equipment ($45.5M), and Wood Carpentry ($40M). During the last 5 years the exports of Romania to Japan have increased at an annualized rate of 10.5%, from $793M in 2023 to $1.3B in 2018.

Exports from Japan (Flag) to Romania (Flag) (2023)

Exports from Romania (Flag) to Japan (Flag) (2023)

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Romania
Top DestinationGermany$19.9B

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 2023, countries that imported more from Japan than Romania included United States ($143B), China ($138B), and Chinese Taipei ($43B).

In 2023, countries that imported more from Romania than Japan included Italy ($10.2B), Bulgaria ($4.03B), and Hungary ($4.22B).

Difference in imports from Romania (Flag) and Japan (Flag) (2023)

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 2023, Japan had a large net trade with Romania in the exports of Transportation ($157M), Machines ($129M), and Metals ($67.5M).

During 2018, Romania had a large net trade with Japan in the exports of Foodstuffs ($802M), Machines ($162M), and Textiles ($133M).

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) (2023)

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