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Romania Trade (% GDP)

Romania's trade (% GDP) fell to 77.29% in 2024, down from 83.09% in 2023, according to World Bank. This represents a decrease of 5.8% from the previous year. Romania has trade (% GDP) lower than the global median (77.29% vs median 84.49%). Compared with the median in Europe, Romania is lower (77.29% vs regional median 111.00%) and ranks 38th out of 44 countries in Europe.

Yearly Historical Data (1990-2024)

(in %)
Year Trade (% GDP)
2024 77.29%
2023 83.09%
2022 93.62%
2021 86.61%
2020 77.92%
2019 84.37%
2018 86.49%
2017 87.16%
2016 85.89%
2015 83.52%
2014 83.38%
2013 81.4%
2012 76.59%
2011 76.27%
2010 69.95%
2009 58.47%
2008 65.18%
2007 63.51%
2006 61.68%
2005 59.36%
2004 60.63%
2003 56.18%
2002 53.71%
2001 51.93%
2000 48.52%
1999 57.97%
1998 53.84%
1997 63.21%
1996 60.78%
1995 56.29%
1994 51.87%
1993 51%
1992 63.99%
1991 39.14%
1990 42.91%
Romania Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Romania divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $100.37B $100.64B 2024
Annual Imports $136.52B $131.96B 2024
Balance of Trade -€2.6B -€2.6B Aug'25
Exports €6.8B €8.9B Aug'25
Exports (% GDP) 35.6% 39.15% 2024
FDI Inflows (% GDP) 1.92% 2.48% 2024
Imports €9.4B €11.5B Aug'25
Imports (% GDP) 41.7% 43.94% 2024
Net Trade (Goods & Services, BoP) -$23.32B -$16.94B 2024
Tariff Rate 1.95% 2.24% 2022