2023
Exports
$9.37BWorld Rnk 21 / 210
Flag Rnk 1 / 1203
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$4.27BWorld Rnk 36 / 225
Flag Rnk 3 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $9.37B in Cars, making it the 21st largest exporter of Cars in the world. At the same year, Cars was the 1st most exported product in Romania. The main destination of Cars exports from Romania are: France ($2.07B), United Kingdom ($1.82B), Italy ($1.29B), Germany ($962M), and Spain ($684M).

The fastest growing export markets for Cars of Romania between 2022 and 2023 were United Kingdom ($497M), France ($348M), and Italy ($185M).

Imports In 2023, Romania imported $4.27B in Cars, becoming the 36th largest importer of Cars in the world. At the same year, Cars was the 3rd most imported product in Romania. Romania imports Cars primarily from: Germany ($1.15B), Czechia ($415M), Austria ($402M), Slovenia ($275M), and Spain ($264M).

The fastest growing import markets in Cars for Romania between 2022 and 2023 were Germany ($125M), Turkey ($120M), and Netherlands ($96.3M).

COMPANIES In 2024, leading companies such as IKEA Group (3), Arhaus (2), and TE Connectivity (1) were at the forefront of shipping Cars from Romania to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$9.37B
IMPORTS (2023)$4.27B
NET TRADE (2023)$5.1B

In 2023, Romania exported $9.37B in Cars. The main destinations of Romania exports on Cars were France ($2.07B), United Kingdom ($1.82B), Italy ($1.29B), Germany ($962M), and Spain ($684M).

In 2023, Romania imported $4.27B in Cars, mainly from Germany ($1.15B), Czechia ($415M), Austria ($402M), Slovenia ($275M), and Spain ($264M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Romania WERE (2022 - 2023):
United Kingdom$497M (37.6%)
France$348M (20.3%)
Italy$185M (16.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Romania WERE (2022 - 2023):
Netherlands-$148M (-43.4%)
Slovenia-$89.8M (-75.3%)
Hungary-$35.2M (-60.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Romania's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, Romania's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $451M
TOP IMPORT POTENTIALGermany+ $268M

Cars’s highest export potential is Germany. With an export gap of $451M.   Cars’s highest import potential is Germany with an import gap of $268M.

See methodology.

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