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Foreign Trade (As % of GDP) in Romania

Source: World Bank
Last Updated: May 1, 2021

Foreign trade as a share of GDP reached 84.6 % in 2019 in Romania, according to the National Statistical Office. This is 2.96 % less than in the previous year.

Historically, foreign trade as a share of GDP in Romania reached an all time high of 87.1 % in 2018 and an all time low of 39.1 % in 1991. When compared to Romania's main peers, foreign trade as a share of GDP in Bulgaria amounted to 125 %, 161 % in Hungary, 87.4 % in Moldova and 90.2 % in Ukraine in 2019.

Romania has been ranked 69th within the group of 152 countries we follow in terms of foreign trade as a share of GDP, 45 places above the position seen 10 years ago.

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.


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