- overview
- strengths
- Bilateral Agreements
- bilateral trade
- agencies
- Indian Mission
Indian investment in Romania is estimated to be in the range of USD 1-1.5 billion
India and Romania regularly support each other on several multilateral issues and work in tandem at the UN and other international organisations
Several Indian companies in IT, manufacturing, pharmaceuticals have made their mark in Romania
US$ 12.80mn
worth FDI came into India from Romania between 2000-2021
US$ 855.84mn
is bilateral trade value in 2021-22
4200
Indians live in Romania
Concurrent Accreditation The Mission in Romania also handles India's bilateral relations with Albania and Moldova
Oil and gas
Lot of potential in oil exploration and drilling including erection and maintenance of oil rigs offshore.
Power
Romania was involved in setting up a thermal power plant in Singareni
Laser based technology
Potential to import this technology into India especially in medical and avionics industries
Pharmaceuticals and healthcare
Many Indian companies in these sectors have made a mark in Romania
India's Exports and Imports to Romania
Source: Department of Commerce
Dated: 09/02/2023
Values in US $ Millions
Country / Region: ROMANIA
| S.No. | \Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 |
|---|---|---|---|---|---|---|
| 1. | EXPORT | 398.90 | 430.30 | 366.89 | 371.84 | 592.74 |
| 2. | %Growth | 7.87 | -14.74 | 1.35 | 59.41 | |
| 3. | India’s Total Export | 303,526.16 | 330,078.09 | 313,361.04 | 291,808.48 | 422,004.40 |
| 4. | %Growth | 8.75 | -5.06 | -6.88 | 44.62 | |
| 5. | %Share | 0.13 | 0.13 | 0.12 | 0.13 | 0.14 |
| 6. | IMPORT | 411.72 | 315.29 | 261.34 | 193.97 | 263.10 |
| 7. | %Growth | -23.42 | -17.11 | -25.78 | 35.64 | |
| 8. | India’s Total Import | 465,580.99 | 514,078.42 | 474,709.28 | 394,435.88 | 613,052.05 |
| 9. | %Growth | 10.42 | -7.66 | -16.91 | 55.43 | |
| 10. | %Share | 0.09 | 0.06 | 0.06 | 0.05 | 0.04 |
| 11. | TOTAL TRADE | 810.62 | 745.59 | 628.24 | 565.81 | 855.84 |
| 12. | %Growth | -8.02 | -15.74 | -9.94 | 51.26 | |
| 13. | India’s Total Trade | 769,107.15 | 844,156.51 | 788,070.32 | 686,244.36 | 1,035,056.45 |
| 14. | %Growth | 9.76 | -6.64 | -12.92 | 50.83 | |
| 15. | %Share | 0.11 | 0.09 | 0.08 | 0.08 | 0.08 |
| 16. | TRADE BALANCE | -12.82 | 115.01 | 105.55 | 177.87 | 329.65 |
| 17. | India’s Trade Balance | -162,054.83 | -184,000.33 | -161,348.24 | -102,627.40 | -191,047.65 |
The Chamber of Commerce & Industry o Romania
+40-21-319-0093
CCIR Business Center, 2 Octavian Goga Blvd. Bucharest 030982, Romania
CII
+91-11-4577-1000; 2462-9994/7
