Romania’s vehicle industry grew in 2022 since the pandemic started as a result of COVID-19. In 2020, the industry went through a decline in both the imports and exports of vehicles, consisting of passenger cars and accessories.
The vehicle industry of Romania accounted for total imports of $10.3 billion in 2021 and $8.2 in 2020 respectively. The total exports of Romania’s vehicle industry amounted to $12.9 billion in 2021 and $12.1 billion in 2020. However, 2022 might be a tough year for Romania’s vehicle industry.
Romania Vehicle Imports Statistics
The year 2020 was a distressing year for countries around the world, including Romania. However, Romania’s vehicle industry experienced an upward trend in the year 2021. Look at the Romania import data below, showing the comparison of vehicle (quarterly) imports on a yearly basis. The imports in 2020 amounted to $8.3 billion, while in 2021 amounted to $10.3 billion.
As per Romania import data 2021, the top importing countries for Romania’s imports of vehicles and its parts & accessories were—Germany (34.3%, $3.5B), France (7.3%, $752M), Italy (6.1%, $626M), Czech Republic (5.6%, $576M), Turkey (5.3%, $548M), Poland (5.3%, $543M), Austria (4.7%, $484M), Hungary (4.1%, $423M), Spain (3.7%, $380M), and Belgium (2.5%, $261M).
Delving further deep into the import data of Romania, the below representation of Romania’s import data for vehicles features the top commodities imported by Romania in 2021, as per segregation of the products on a basis of tariff line. Look at the data to understand better.
| HS Code | Commodity | Value USD Million |
| 87084099 | Parts For Gear Boxes of Tractors, Special Purpose Motor Vehicles, etc. | 1,158.43 |
| 87032210 | Single Combustion Vehicles Designed Principally For The Transport Of <10 Persons With Cylinder Capacity >1.000cm3 But <=1.500 cm3 | 678.76 |
| 87089997 | Parts & Accessories For Tractors and Other Motor Vehicles | 677.29 |
| 87082990 | Parts & Accessories For Industrial Assembly Of Bodies Of Different Vehicles For The Transport Of >=10 Persons | 584.03 |
| 87034010 | Double Combustion Vehicles Designed Principally For The Transport Of < 10 Persons | 354.39 |
| 87012010 | Road Tractors For Semi-Trailers | 325.94 |
| 87032319 | Single Combustion Vehicles Designed Principally For The Transport Of <10 Persons With Cylinder Capacity >1.500 cm3 But <=3.000 cm3 | 311.91 |
| 87033219 | Diesel Engine Vehicles Designed Principally For The Transport Of < 10 Persons With Cylinder Capacity >1.500 cm3 But <=2.500 cm3 | 289.44 |
| 87084050 | Gear Boxes For Tractors, Special Purpose Motor Vehicles, etc. | 258.36 |
| 87042191 | Diesel/Semi-Diesel Engine Vehicles Of Weight <=5 Tons For The Transport Of Goods With Cylinder Capacity <=2.500 cm3 | 247.92 |
Romania Vehicle Exports Statistics
In 2020, Romania’s vehicle industry went through turmoil as exports decline due to COVID-19. However, the exports in 2021 show an increase for the vehicles and their parts imports from Romania. As per the below-shown data, the exports in 2020 amounted to $12.1 billion and $12.9 billion in 2021. This shows an increase in the exports for 2021 with a percentile of 6.07%.
As per Romania export data 2021, the top exporting countries for the exports of vehicles and its parts & accessories were—Germany (32.8%, $4.2B), France (10.2%, $1.3B), Italy (9.1%, $1.1B), the Netherlands (4.9%, $636M), Turkey (4.5%, $581M), Poland (4.5%, $578M), Spain (4.4%, $571M), Hungary (3.6%, $466M), Czech Republic (2.8%, $361M), and Russia (2.4%, $312M).
Delving further deep into the export data of Romania, the featured exports are segregated on the basis of products at the tariff line classification. Romania export data represented below shows the top exported commodities from Romania in Chapter 87 – Vehicles, for the year 2021.
| HS Code | Commodity | Value USD Million |
| 87032110 | Single Combustion Vehicles Designed Principally For The Transport Of <10 Persons With Cylinder Capacity <=1.000 cm3 | 1,968.91 |
| 87084050 | Gear Boxes For Tractors, Special Purpose Motor Vehicles, etc. | 1,720.72 |
| 87034010 | Double Combustion Vehicles Designed Principally For The Transport Of < 10 Persons | 1,461.96 |
| 87033110 | Diesel Engine Vehicles Designed Principally For The Transport Of < 10 Persons With Cylinder Capacity <=1.500 cm3 | 1,146.81 |
| 87089435 | Steering Wheels, Columns, and Boxes For Tractors, Special Purpose Motor Vehicles, etc. | 878.13 |
| 87082990 | Parts & Accessories For Industrial Assembly Of Bodies Of Different Vehicles | 787.66 |
| 87089997 | Parts & Accessories For Tractors and Other Motor Vehicles | 722.10 |
| 87032210 | Single Combustion Vehicles Designed Principally For The Transport Of <10 Persons With Cylinder Capacity >1.000cm3 But <=1.500 cm3 | 644.53 |
| 87089599 | Safety Airbags With Inflator System and Parts For Tractors, Special Purpose Motor Vehicles, etc. | 548.55 |
| 87082190 | Safety Seat Belts For Motor Vehicles | 442.62 |
Romania’s Vehicle Industry – 2022 Trends
Romania’s vehicle industry is on a rising slate this year and grew by 35.56% in units of sales. The registration of cars in Romania increased in the year 2022. However, Romania’s import-export data for 2022 suggests something otherwise in comparison to 2021.
Romania’s imports and exports in 2022 are shown below for the first quarter of 2022, in comparison with imports and exports in 2021. The imports in Q1-2021 amounted to $1.2 billion, while the imports in Q1-2022 amounted to $1.2 billion. This shows an increase in imports by 3.9% in 2022 so far.
Romania’s exports of vehicles and parts amounted to $1.9 billion in Q1-2021. On the other hand, the exports in Romania amounted to $1.7 billion in Q1-2022. This shows that exports in 2022 are rising, more than the imports. However, Romania’s imports amounted higher than its exports.
So far, from the representation of Romania’s import and export data, we learned that:
- Romania’s imports in 2021 increased in comparison to 2020 (by 24.1%)
- Romania’s top importing country for vehicles in 2021 was Germany (34%)
- Parts for gearboxes account for the highest value of imports in Romania ($1B)
- Romania’s exports in 2021 increased in comparison to 2020 (by 6.07%)
- Germany also accounted for the highest exports from Romania in 2021 (32%)
- Single combustion vehicles accounted for the highest exports from Romania in 2021 ($1B)
- Safety commodities installed in vehicles are also one of the top exports from Romania
- In 2022, the imports and exports of vehicles and their parts went down for Romania
- Romania imports vehicles and their parts from other countries more than it exports
There are other certain factors that will impact the import and export of vehicles and their parts for Romania this year. These factors include the global inflation rate, shortage of semiconductor chips, and disturbance in the supply and demand of vehicles because of these factors.
Romania’s vehicle industry is a traditional one for Romania and employs about tens of thousands of people. With the use of certain financial instruments, Romanian import-export companies will safeguard the import-export of automobiles and their components, as per the report. Growth might be slow but significant.
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