Romania: Exporter Guide
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Romania has been a growing market for U.S. food and agriculture exports. Romania’s total resident population is 19.05 million people, which is a marginal increase from last year, with about 48 percent living in rural areas (2023 data). Agriculture accounted for about 4.5 percent of Romania’s GDP in 2022, when Romania’s economy grew by 4.7 percent. The annual rate of inflation reached 8.1 percent in October 2023, an improvement from the 15.3 percent a year ago. Food prices have grown by 8.7 percent in October 2023 compared to a year ago. In 2022, Romania’s total agricultural imports reached $13.9 billion, a 16-percent increase over 2021, of which nearly 80 percent were sourced from EU Member States (MSs). Germany, Hungary, Poland, Ukraine, and the Netherlands were Romania’s major trading partners in 2022.