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$301BCURRENT US$
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68.2%CURRENT US$
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$15,892CURRENT US$
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77.9%CURRENT US$
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$33,815CURRENT US$
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About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $899M in 2022.

In 2017, 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 2022 to $474M in 2017.

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

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

Latest Data

Trade between Romania (Flag) and Japan (Flag)

Romania Exports

Japan Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Japan
Top Destination
United States$137B

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

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

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

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

Comparative Advantage Romania - Japan

Flow
Scale

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

During 2022, Romania had a large net trade with Japan in the exports of N/A.

During 2017, Japan had a large net trade with Romania in the exports of Transportation ($218M), Machines ($116M), and Metals ($61.2M).

Potential Exports

Potential Exports

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

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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Economic Complexity

Competitive Landscape

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

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

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