Export of Goods Value from Romania (1990-2023)

Export of Goods Value from Romania (1990-2023)

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TGM StatBox. (2024). Export of Goods Value from Romania (1990-2023). TGM StatBox.
Chart Details
Timeframe: 1990-2023
Country: Romania
Published date: 2024
Note: Merchandise exports by product group – annual (Million US dollars), as defined by the World Trade Organization (WTO), measures the total value of goods exported from a country, categorized by specific product groups, and expressed in millions of U.S. dollars.
Key Takeaways
Romania's exports have grown substantially since 1990, starting at $4.96 billion and reflecting a transition from a centralized economy to market-driven dynamics. The early 2000s marked a pivotal era, with exports rising from $10.41 billion in 2000 to $40.49 billion by 2007, fueled by EU accession in 2007 and foreign investment in manufacturing and technology sectors.

The global financial crisis in 2009 caused a temporary drop to $40.57 billion. However, by 2023, exports climbed to $100.61 billion, aided by robust automotive and electronics sectors. Trade diversification and Romania’s integration into global supply chains played a crucial role in this upward trend.

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