Romania - Trade Openness 2022
93.95%
+6.88% from 2021
Romania's trade openness was 93.95% in 2022, increased +6.88% from 87.07% in 2021. This was the 103rd highest globally.
Global Ranking - 2022▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Sudan | 2.70% | -34.6% |
| 2nd | United States | 27.31% | 6.7% |
| 3rd | Argentina | 31.58% | -4.5% |
| 4th | Pakistan | 33.03% | 22.2% |
| 5th | Bangladesh | 33.78% | 21.8% |
| 6th | Uganda | 34.51% | -17.3% |
| 7th | Tanzania | 35.00% | 17.0% |
| 8th | Syrian Arab Republic | 35.61% | -41.8% |
| 9th | Haiti | 36.53% | -1.4% |
| 10th | Egypt, Arab Republic of | 36.98% | 23.9% |
| 11th | Turkmenistan | 37.36% | 13.0% |
| 12th | China | 37.44% | 2.5% |
| 13th | Brazil | 38.82% | 3.1% |
| 14th | Kenya | 40.28% | 15.1% |
| 15th | Cameroon | 41.29% | 12.4% |
| 16th | Russian Federation | 42.78% | -15.4% |
| 17th | Malawi | 43.62% | -2.2% |
| 18th | Benin | 44.38% | -7.6% |
| 19th | Gambia, The | 44.72% | 6.2% |
| 20th | Sierra Leone | 45.05% | 6.9% |
| 21st | Central African Republic | 45.23% | 2.4% |
| 22nd | Indonesia | 45.46% | 13.1% |
| 23rd | Australia | 45.69% | 13.7% |
| 24th | Guinea-Bissau | 45.76% | 2.1% |
| 25th | Sri Lanka | 46.68% | 13.2% |
| 26th | Japan | 46.81% | 27.4% |
| 27th | Chad | 47.99% | 9.2% |
| 28th | Colombia | 48.28% | 20.5% |
| 29th | Iran, Islamic Republic of | 48.92% | 14.6% |
| 30th | Nepal | 48.97% | 13.7% |
| 31st | India | 50.08% | 10.2% |
| 32nd | Comoros | 50.39% | 19.8% |
| 33rd | New Caledonia | 50.47% | 2.9% |
| 34th | Algeria | 51.19% | 9.3% |
| 35th | Niger | 52.81% | 42.7% |
| 36th | Côte d'Ivoire | 52.87% | 17.2% |
| 37th | New Zealand | 53.48% | 10.2% |
| 38th | Dominican Republic | 54.38% | 4.7% |
| 39th | Guatemala | 54.43% | 10.5% |
| 40th | Zimbabwe | 55.07% | 24.8% |
| 41st | Angola | 55.25% | -10.2% |
| 42nd | Saudi Arabia | 56.82% | 11.7% |
| 43rd | Peru | 57.30% | 3.4% |
| 44th | Bolivia, Plurinational State of | 57.52% | 20.7% |
| 45th | Israel | 60.64% | 10.5% |
| 46th | Samoa | 60.85% | 1.8% |
| 47th | Uruguay | 61.03% | 4.7% |
| 48th | Rwanda | 61.15% | 12.6% |
| 49th | Mali | 61.56% | 8.5% |
| 50th | Togo | 61.58% | 9.2% |
| 51st | Ecuador | 61.88% | 16.2% |
| 52nd | Uzbekistan | 62.84% | 9.4% |
| 53rd | Vanuatu | 63.60% | 6.1% |
| 54th | South Africa | 64.95% | 15.6% |
| 55th | Tajikistan | 65.44% | -8.9% |
| 56th | Canada | 67.32% | 8.1% |
| 57th | Burkina Faso | 67.52% | 8.2% |
| 58th | Kazakhstan | 68.33% | 16.5% |
| 59th | Iraq | 68.76% | 11.8% |
| 60th | United Kingdom | 69.20% | 18.2% |
| 61st | Zambia | 69.30% | -19.6% |
| 62nd | French Polynesia | 69.53% | 31.2% |
| 63rd | Ghana | 70.12% | 11.8% |
| 64th | Tonga | 70.13% | 2.3% |
| 65th | Madagascar | 70.55% | 27.8% |
| 66th | Guam | 71.87% | 16.2% |
| 67th | Italy | 72.02% | 19.4% |
| 68th | Philippines | 72.43% | 14.1% |
| 69th | Afghanistan | 72.89% | 41.8% |
| 70th | Paraguay | 73.74% | 5.7% |
| 71st | Solomon Islands | 74.84% | 11.0% |
| 72nd | Bermuda | 75.20% | 5.3% |
| 73rd | Chile | 75.20% | 15.9% |
| 74th | France | 75.96% | 19.1% |
| 75th | Bahamas, The | 75.98% | 15.2% |
| 76th | Spain | 78.47% | 17.9% |
| 77th | Senegal | 79.60% | 14.7% |
| 78th | Türkiye | 79.90% | 14.8% |
| 79th | Equatorial Guinea | 81.81% | 6.3% |
| 80th | Costa Rica | 82.23% | 16.2% |
| 81st | West Bank and Gaza | 82.39% | 12.7% |
| 82nd | Norway | 82.61% | 16.0% |
| 83rd | Albania | 84.70% | 12.0% |
| 84th | Bhutan | 85.57% | 10.3% |
| 85th | Botswana | 85.61% | -3.5% |
| 86th | Congo, Democratic Republic of | 85.82% | 13.8% |
| 87th | Azerbaijan | 86.98% | 14.0% |
| 88th | Ukraine | 87.40% | 5.7% |
| 89th | El Salvador | 88.70% | 8.4% |
| 90th | Germany | 88.79% | 11.1% |
| 91st | Mexico | 88.80% | 6.9% |
| 92nd | Korea | 90.59% | 20.3% |
| 93rd | Micronesia, Federated States of | 90.63% | 3.8% |
| 94th | Somalia, Fed. Rep. | 90.76% | 14.7% |
| 95th | Kuwait | 90.92% | 10.9% |
| 96th | Gabon | 92.06% | 7.9% |
| 97th | Eswatini | 92.57% | 2.9% |
| 98th | Iceland | 93.05% | 22.1% |
| 99th | Northern Mariana Islands | 93.16% | 18.1% |
| 100th | Greenland | 93.37% | 11.6% |
| 101st | Panama | 93.48% | 16.6% |
| 102nd | Cuba | 93.86% | 17.3% |
| 103rd | Romania | 93.95% | 7.9% |
| 104th | Guinea | 94.17% | -18.3% |
| 105th | Finland | 94.56% | 18.5% |
| 106th | Cabo Verde | 96.99% | 25.2% |
| 107th | Timor-Leste | 97.62% | -2.2% |
| 108th | Congo, Republic of | 98.16% | 14.7% |
| 109th | Puerto Rico (US) | 98.26% | 1.6% |
| 110th | Namibia | 99.26% | 18.8% |
| 111th | Qatar | 100.21% | 8.0% |
| 112th | Morocco | 100.91% | 33.6% |
| 113th | Portugal | 101.36% | 18.0% |
| 114th | Mauritania | 102.03% | 15.5% |
| 115th | European Union | 103.71% | 13.7% |
| 116th | Armenia | 103.88% | 31.1% |
| 117th | Jordan | 104.10% | 29.6% |
| 118th | Palau | 105.20% | 29.6% |
| 119th | Oman | 105.75% | 10.2% |
| 120th | Sweden | 107.11% | 17.6% |
| 121st | Kiribati | 107.69% | 44.5% |
| 122nd | Belize | 107.84% | 8.9% |
| 123rd | Greece | 108.12% | 22.8% |
| 124th | Kosovo | 110.01% | 11.5% |
| 125th | Bosnia and Herzegovina | 110.21% | 13.9% |
| 126th | Moldova | 112.12% | 26.7% |
| 127th | Honduras | 112.70% | 9.0% |
| 128th | Georgia | 114.70% | 12.9% |
| 129th | Lebanon | 114.89% | 45.7% |
| 130th | Nicaragua | 115.45% | 8.7% |
| 131st | Tunisia | 116.10% | 24.0% |
| 132nd | Antigua and Barbuda | 117.70% | 16.5% |
| 133rd | Belarus | 120.02% | -11.8% |
| 134th | Faroe Islands | 122.86% | 18.7% |
| 135th | Poland | 123.02% | 11.0% |
| 136th | Austria | 123.58% | 11.3% |
| 137th | American Samoa | 124.68% | -8.9% |
| 138th | Croatia | 125.41% | 22.6% |
| 139th | Montenegro | 125.46% | 18.7% |
| 140th | Marshall Islands | 128.34% | 6.9% |
| 141st | Serbia | 131.91% | 17.4% |
| 142nd | Denmark | 132.00% | 17.5% |
| 143rd | Thailand | 132.86% | 13.3% |
| 144th | Kyrgyz Republic | 133.79% | 33.4% |
| 145th | Mozambique | 135.28% | 20.7% |
| 146th | Mongolia | 136.33% | 14.5% |
| 147th | Switzerland | 138.50% | 6.5% |
| 148th | Bulgaria | 138.84% | 14.5% |
| 149th | Lesotho | 142.37% | 2.3% |
| 150th | Czechia | 144.01% | 4.8% |
| 151st | Cambodia | 145.87% | -0.2% |
| 152nd | Malaysia | 146.42% | 9.2% |
| 153rd | Brunei Darussalam | 146.97% | -0.1% |
| 154th | Mauritius | 147.66% | 9.2% |
| 155th | Libya | 156.32% | -4.8% |
| 156th | Latvia | 159.89% | 16.9% |
| 157th | Aruba | 160.63% | 14.8% |
| 158th | Maldives | 162.24% | 13.8% |
| 159th | North Macedonia | 166.15% | 13.2% |
| 160th | Bahrain | 167.14% | 8.7% |
| 161st | Nauru | 167.34% | 51.0% |
| 162nd | Macao SAR, China | 170.37% | -0.6% |
| 163rd | Lithuania | 175.65% | 13.5% |
| 164th | Estonia | 175.69% | 9.5% |
| 165th | Viet Nam | 183.15% | -1.9% |
| 166th | Netherlands | 184.11% | 12.8% |
| 167th | Hungary | 185.00% | 16.2% |
| 168th | United Arab Emirates | 185.74% | 1.5% |
| 169th | Slovenia | 186.65% | 15.4% |
| 170th | Seychelles | 189.83% | 3.3% |
| 171st | Belgium | 191.18% | 7.8% |
| 172nd | Slovak Republic | 204.06% | 12.1% |
| 173rd | Virgin Islands (US) | 205.63% | 14.1% |
| 174th | Cyprus | 205.75% | 16.4% |
| 175th | Ireland | 237.76% | 2.9% |
| 176th | Malta | 245.16% | 11.4% |
| 177th | Djibouti | 302.29% | 14.7% |
| 178th | Singapore | 332.35% | 1.0% |
| 179th | San Marino | 370.44% | 8.2% |
| 180th | Hong Kong SAR, China | 384.88% | -4.4% |
| 181st | Luxembourg | 412.18% | 3.7% |
FAQ
What was Romania's trade openness in 2022?▾
Romania's trade openness in 2022 was 93.95%. This ranked 103rd globally.
How did Romania's trade openness change in 2022?▾
Romania's trade openness increased by 7.9% in 2022 compared to 2021.
Which country had the highest trade openness in 2022?▾
Luxembourg had the highest trade openness in 2022 at 412.18%.
What is the trade openness of Romania in 2022?▾
The trade openness of Romania in 2022 was 93.95%. This ranked 103rd globally.
How does 2022 compare to 2021 for Romania's trade openness?▾
Romania's trade openness went from 87.07% in 2021 to 93.95% in 2022, a 7.9% increase.
HistorySaid - pattern alert
Romania matched the Fiscal Dominance Trap pattern in 2022. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 5.7%. View full analysis →
Related
2021
2023
All years
Full ranking 2022
Exports
Imports
Trade Balance
Current Account Balance
FDI Inflows
Peak: 2022
Lowest: 1991
Trade Openness 1990s
Trade Openness 2000s
Trade Openness 2010s
Trade Openness 2020s
Highest ever
Lowest ever
Average
vs French Polynesia
vs Antigua and Barbuda
vs St. Kitts and Nevis
vs Curaçao
European Union Trade Openness
NATO Trade Openness
Global Ranking