China
Economic Relations Between China and Romania: A 2025 Perspective
In 2024, Romania and China celebrate 75 years of diplomatic relations, emphasizing mutual respect and cooperation. Bilateral trade has surged by 26.4% in 2024, with Romania exporting cosmetics and wine, while China supplies machinery and vehicles, enhancing regional connectivity.
In 2024, Romania and China commemorate the 75th anniversary of their diplomatic relations, a testament to the enduring ties between the two nations. Since 1949, this partnership has evolved through various historical, social, and economic phases, influenced by geopolitical dynamics and cultural exchanges. Both countries have consistently adhered to principles of mutual respect, equality, and win-win cooperation, fostering tangible benefits for their citizens.
Romania and China maintain regular and high-level interactions, which have strengthened their collaborative approach to advancing practical cooperation. This is grounded in the 2013 Joint Declaration by the Governments of China and Romania on Deepening Bilateral Cooperation in New Circumstances.
Romania remains an active participant in the 17+1 cooperation format, a framework facilitating collaboration between China and Central and Eastern European countries (CEECs). This format emphasizes infrastructure development, trade, and cultural exchanges, positioning Romania as a key partner in advancing regional connectivity and mutual economic growth.
In this article, we explore the trade and investment interactions between China and Romania and examine the future prospects.
Bilateral trade between China and Romania continues to grow significantly.
In the first eight months of 2024, trade between the two countries grew by 26.4 percent year-on-year increaseS$8.98 billion. China’s exports to Romania totaled US$6.28 billion, marking a 20.5 percent increase, while imports from Romania rose by 24.4 percent to US$2.69 billion (a 24.4 percent increase). Key export categories from China include machinery, electrical equipment, and vehicles, while Romania exports high-quality products such as cosmetics, mineral water, and wine, which have gained popularity in the Chinese market.
| This article was first published by China Briefing , which is produced by Dezan Shira & Associates. The firm assists foreign investors throughout Asia from offices across the world, including in in China, Hong Kong, Vietnam, Singapore, and India . Readers may write to info@dezshira.com for more support. |
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