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Publication No. 2010-78E

Canadian Trade and Investment Activity -
Canada–Romania

Simon Lapointe
International Affairs, Trade and Finance Division

Parliamentary Information and Research Service
Library of Parliament

2 November 2010

pdf PDF (132 Kb, 5 pages)


Contents


Merchandise Trade

This figure shows the trade balance between Canada and Romania from 1990 to 2009, in millions of dollars. These numbers only account for merchandise trade and do not include trade in services. This figure shows the average annual growth between 2004 and 2009 of merchandise trade between Canada and Romania, and between Canada and the world. It also shows the share of total Canadian trade that is done with Romania, in 1994, 1999, 2004 and 2009. This figure shows the percentage of Canadian trade with Romania by province or group of provinces in 2009.

In 2009, Canada’s bilateral merchandise trade with Romania totalled $210.5 million, consisting of $89.5 million in Canadian exports to, and $121.0 million in imports from, Romania.

Romania was Canada’s 76th largest export destination in the world in 2009, and the 18th largest in the European Union. It was Canada’s 77th largest source of imports in that year, and the 21st largest source in the European Union.

Canadian exports to Romania have generally grown since 2000, while imports from Romania grew in the first half of the decade before beginning to decline in 2006.

Quebec is the largest provincial exporter to Romania, followed by Ontario. In 2009, Quebec exports to Romania were $47.1 million, while exports from Ontario totalled $28.6 million.

Quebec has also been Canada’s fastest-growing provincial exporter to Romania in recent years.


Products

This figure shows the Canadian exports to Romania in millions of dollars, by category of product, in 2004 and 2009. This figure shows the Canadian imports in millions of dollars from Romania, by category of products, in 2004 and 2009. This figure shows the trade balance between Canada and Romania in millions of dollars, by category of product, in 2004 and 2009.

Miscellaneous chemical products accounted for the largest part of Canada’s exports to Romania in 2009, comprising 43% of total exports to that country. This category of exports increased by 9,126% between 2008 and 2009. Other major exports to Romania in 2009 were machinery and equipment, and electrical and electronic products. In earlier years, major export products varied considerably from year to year.

Clothing, apparel and footwear were the largest Canadian imports from Romania in 2009, representing about 37% of total imports from that country. Other major import products in that year included articles of iron and steel, machinery and equipment, and electrical and electronic products.

In 2009, Canada was a net importer of clothing and textiles, as well as of metals, mine and energy products. At that time, it was a net exporter of other manufactured goods. Bilateral trade was largely balanced in other product categories in 2009.


Services and Investment

This figure shows the stock of Canadian investment in Romania in billions of dollars for the period 1987-2009.

Data on Canada’s investment relationship with Romania are limited. Statistics are suppressed in some years, particularly when there are too few investors and business confidentiality needs to be protected. That being said, in 2009, the total stock of Canadian direct investment in Romania was $240.0 million, a significantly higher amount than the 2004 level of $7.0 million.

Data on Romanian investment in Canada are not available.

Data on trade in services between Canada and Romania are not available.


Note

All figures were prepared by the author using Statistics Canada annual figures as of spring 2010. The merchandise trade data are customs-based; the services trade and foreign direct investment data are balance of payments-based. [ Return to text ]


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