2023
Flag  
GDP
$351BCURRENT US$
Rnk 43 / 195
2013-2023
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GDP GROWTH
84.8%CURRENT US$
Rnk 24 / 195
2023
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 GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 195
2023
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GDP PC 
$18,404CURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP PC GROWTH
93.8%CURRENT US$
Rnk 11 / 195
2023
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GDP PC
$54,343CURRENT US$
Rnk 21 / 196
2013-2023
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GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 195

About

Romania-Germany Trade: In 2023, Romania exported $19.9B to Germany. The main products that Romania exported to Germany were Motor vehicles; parts and accessories (8701 to 8705) ($3.81B), Electrical Control Boards ($1.49B), and Insulated Wire ($1.41B). Over the past 5 years the exports of Romania to Germany have increased at an annualized rate of 1.9%, from $18.1B in 2018 to $19.9B in 2023.

In 2020, Romania exported services to Germany worth $4.3B, with Computer and information services ($1.38B), Transportation ($1.29B), and Other business services ($1.18B) being the largest in terms of value.

Germany-Romania Trade: In 2023, Germany exported $25.1B to Romania. The main products that Germany exported to Romania were Motor vehicles; parts and accessories (8701 to 8705) ($2.21B), Integrated Circuits ($1.29B), and Cars ($1.15B). Over the past 5 years the exports of Germany to Romania have increased at an annualized rate of 4.08%,  from $19.8B in 2018 to $25.1B in 2023.

In 2020, Germany exported services to Romania worth $1.8B, with Other business services ($922M), Transportation ($395M), and Computer and information services ($239M) being the largest in terms of value.

Comparison: In 2023,  Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Romania exported $19.9B to Germany. The main products exported from Romania to Germany were Motor vehicles; parts and accessories (8701 to 8705) ($3.81B), Electrical Control Boards ($1.49B), and Insulated Wire ($1.41B). During the last 5 years the exports of Romania to Germany have increased at an annualized rate of 1.9%, from $18.1B in 2018 to $19.9B in 2023.

In 2018, Germany exported $25.1B to Romania. The main products exported from Germany to Romania were Motor vehicles; parts and accessories (8701 to 8705) ($2.21B), Integrated Circuits ($1.29B), and Cars ($1.15B). During the last 5 years the exports of Germany to Romania have increased at an annualized rate of 4.08%, from $19.8B in 2023 to $25.1B in 2018.

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

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

Latest Data

Trade between Romania (Flag) and Germany (Flag)

Romania Exports

Germany Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$19.9B
Germany
Top Destination
United States$157B

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

In 2023, countries that imported more from Romania than Germany included Moldova ($1.41B), Gibraltar ($140M), and Djibouti ($86.1M).

In 2023, countries that imported more from Germany than Romania included United States ($157B), France ($118B), and Netherlands ($108B).

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

Comparative Advantage Romania - Germany

Flow
Scale

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

During 2023, Romania had a large net trade with Germany in the exports of Machines ($8.63B), Transportation ($5.19B), and Metals ($1.32B).

During 2018, Germany had a large net trade with Romania in the exports of Machines ($9B), Transportation ($4.32B), and Chemical Products ($2.49B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Germany+$451MCars
Top Product Potential Germany Romania+$268MCars

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 Germany worth $4.3B, with Computer and information services ($1.38B), Transportation ($1.29B), and Other business services ($1.18B) being the largest in terms of value.

In 2020, Germany exported services to Romania worth $1.8B, with Other business services ($922M), Transportation ($395M), and Computer and information services ($239M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Romania (Flag) and Germany (Flag) (2023)

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