Turkish Embassy in Bucharest

Info Notes

Turkey-Romania Bilateral Economic Relations, 25.03.2016

Turkey and Romania are each other’s largest trading partners in the Balkans.

In 2015, Turkey’s exports to Romania were 2,8 billion USD and its imports from Romania amounted to 2,6 billion USD. Bilateral trade volume between the two countries has reached to 5,4 billion USD. This figure represents a 15 % annual decline in bilateral trade as compared to 2014.

Turkey is among the largest investors in Romania with its current value of investment exceeding 6 billion USD including those coming from third countries. Currently, around 7.000 Turkish companies are actively operating in Romania. Two Turkish banks, Credit Europe and Garanti Bank Romania, are also operating in Romania. Romania continues to offer significant opportunities for both Turkish exports and investments. 

In Romania, the construction projects which have been completed by Turkish contractors so far amount to 6,2 billion USD. 

441.000 Romanian tourists visited Turkey in 2015.