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2022
Exports $1.2BWorld Rnk 33 / 223
Flag Rnk 18 / 96
2022
Destination $40.9M Germany
2021 - 2022
FASTEST GROWING MARKET $40.9MUnited States
2022
PRODUCT COMPLEXITY IN Pharmaceutical products1.38Rnk 75 / 1025
2022
Imports $4.63BWorld Rnk 31 / 226
Flag Rnk 7 / 96
2022
Origin $73.5M Germany
2021 - 2022
FASTEST GROWING ORIGIN $73.5MHungary
2022
ECONOMIC COMPLEXITY of Romania1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $1.2B in Pharmaceutical products, making it the 33rd largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 18th most exported product in Romania. The main destination of Pharmaceutical products exports from Romania are: Germany ($210M), Czechia ($117M), Hungary ($103M), United States ($70.6M), and Netherlands ($63.8M).

The fastest growing export markets for Pharmaceutical products of Romania between 2021 and 2022 were United States ($40.9M), United Kingdom ($19.2M), and Croatia ($12.5M).

Imports In 2022, Romania imported $4.63B in Pharmaceutical products, becoming the 31st largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 7th most imported product in Romania. Romania imports Pharmaceutical products primarily from: Germany ($1.05B), Hungary ($711M), Switzerland ($560M), Belgium ($341M), and Netherlands ($325M).

The fastest growing import markets in Pharmaceutical products for Romania between 2021 and 2022 were Hungary ($73.5M), Netherlands ($68.4M), and Poland ($63.1M).

Latest Trends

Mar 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Pharmaceutical products. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.2B
IMPORTS (2022)$4.63B
NET TRADE (2022)-$3.42B

In 2022, Romania exported $1.2B in Pharmaceutical products. The main destinations of Romania exports on Pharmaceutical products were Germany ($210M), Czechia ($117M), Hungary ($103M), United States ($70.6M), and Netherlands ($63.8M).

In 2022, Romania imported $4.63B in Pharmaceutical products, mainly from Germany ($1.05B), Hungary ($711M), Switzerland ($560M), Belgium ($341M), and Netherlands ($325M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Romania WERE (2021 - 2022):
United States$40.9M (137%)
United Kingdom$19.2M (107%)
Croatia$12.5M (521%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Romania WERE (2021 - 2022):
Russia-$58.3M (-68.1%)
South Korea-$37.1M (-99.1%)
Denmark-$19.2M (-55.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Pharmaceutical products were:
Germany $125B
Switzerland $93.8B
United States $90B
In 2022, Romania's main importing competitors in Pharmaceutical products were:
United States $168B
Germany $71.1B
Switzerland $48.5B

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Trade Value of Pharmaceutical products by Exporters

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