Page 32 - THE ROMANIAN HEALTH CARE

Chapter 5: Business opportunities in the Romanian health sector

5.1 Total trade of Romania

Over the last 5 years, trade between Romania and the world is increasing at a rapid pace.

Romania’s global imports were strongly growing in the last 5 years. In 2013 imports totalled

55.3 billion euro, by 2017 they have risen to 75.5 billion. In 2017 they grew by 12% compared

to the previous year.

Figure 5.1 - Romania imports and exports with world
80.0
70.0
60.0
50.0
40.0
30.0
2013 2014 2015 2016 2017

Romania import from world Romania export to world

Source: Trade Map, unit EUR billion

Exports grew less fast than the imports, from 49.6 billion euro in 2013 to 62.5 billion in 2017.

Exports of Romania lie below the imports. Compared to total Dutch exports of 577 billion

euro in 2017, Romanian export is limited.

The major trade partners are Germany and Italy, for imports as well as exports. Germany is by

far the largest trade partner, doubling in volume runner up Italy. The Netherlands are the 7 th

import partner of Romania and the 11 th export partner. Romanian imports from the

Netherlands are 3.0 billion euro and Romanian exports to the Netherlands are 1.6 billion

euro. Trade between Romania and the Netherlands has a growing trend. Romanian imports of

Dutch goods are rising since 2010 and accelerated since 2014. Between 2016 and 2017 they

rose by 10%. Export and import products are mainly the same, with the exception that

Romania imports a considerable amount of pharmaceutical products.

30