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.