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Export Market

Romania

ISO: RO / ROU

Country Profile

Capital Bucharest
Population 19.0M
GDP $382.6B (2024)
GDP per Capita $20,080
Income Level High Income
Currency Romanian leu (RON lei)
Language Romanian
Timezone UTC+02:00
Region Europe · Southeast Europe

Trade Partners

Romania Exports To

  • Germany 19.0%
  • Italy 10.0%
  • France 6.0%
  • UK 5.0%
  • Hungary 4.0%

Key exports: cars, vehicle parts/accessories, insulated wire, garments, wheat (2023)

Romania Imports From

  • Germany 19.0%
  • Italy 8.0%
  • Hungary 6.0%
  • Poland 6.0%
  • China 6.0%

Key imports: vehicle parts/accessories, packaged medicine, cars, crude petroleum, plastic products (2023)

Economic Overview

high-income, EU-member economy; euro membership delayed over macroeconomic indicators; persistent inflation, but consumption and EU-funded investments driving recovery; skilled labor shortage; high public debt and budget deficit; challenges include fiscal sustainability and political instability

Government: semi-presidential republic

UK Trade Status

FTA in Force

The UK has a free trade agreement with Romania, providing preferential market access for UK exporters.

Trade Barriers

1 active barrier affecting UK exporters

UK notarised documents not recognised in Romania

When UK firms are asked to bring notarised documents in "an authentic form" as per Romanian law, in order to conclude a transaction, they must sign this document in front of a civil law notary public (a service provided at …

Sectors: Financial and professional services

Reported: 11 Aug 2020

Geographic Region

Europe

Trading Bloc Memberships

Romania is a member of the following trade agreements and economic blocs.

EEA European Economic Area Single Market UK Agreement EU European Union Political/Economic Union UK Agreement

Export Guidance

Relevant guidance for exporting to Romania.

Start Your Export Journey

Export to the EU after Brexit Start exporting from the UK Manage your export compliance

Also in This Region

🇦🇱 Albania FTA 🇦🇩 Andorra 🇦🇹 Austria FTA 🇧🇪 Belgium FTA 🇧🇦 Bosnia and Herzegovina FTA 🇧🇬 Bulgaria FTA 🇭🇷 Croatia FTA 🇨🇾 Cyprus FTA

Official Resources

Government export support for Romania.

great.gov.uk Market Guide → GOV.UK Country Information →
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