Romania
Ukraine & Romania economic dialogue
€1 bn
RO has been a net exporter to UA since 2023, peaking at €1 bn
5th
RO is the EU’s 5th largest host of UA refugees
19th
UA is RO’s 19th trading partner in services and recipient of 6% of extra-EU export of services in 2023
Largest RO companies in Ukraine are in trade&logistics, IT, construction
Centre for Economic Strategy (CES), an independent Ukrainian think tank that analyzes key public policies and promotes support for reforms.
With donor support, CES has launched a series of studies on trade relations between Ukraine and the European Union countries.
Free movements of goods and services
Pre-war: UA was a net exporter of iron ore, wires, steel products, and minerals
1.1%
Pre-war: 1.1% of RO’s total imports came from UA
Since 2022: RO is a net exporter of ammunition, petroleum oils, and energy, amounting to €650 m
RO’s export of services to UA doubled from 2021 to 2022, mainly due to rerouting of UA trade through the port of Constanta and an influx of UA refugees to RO. This led to an increase in transport and tourism-related services
Trade Balance UA-RO 2024
Free movement of persons and capital
Ukrainians in RO, mostly women
under temporary protection scheme (October 2025)
of Ukrainian refugees in Europe live in RO
~68% are working age; 24% neither employed nor seeking employment; 22% are children under 14
new RO companies registered in UA since full-scale invasion as of September 2025, 886 operate in Ukraine
most attractive sectors in UA include construction, IT, trade&logistics and defenсe tech
RO’s FDI stock in UA, EUR million
Tighter co-operation potential
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Improvements to border infrastructure and transport routes can contribute significantly to economic growth in Romania and Ukraine.
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Joint R&D and production diversification in the defence and agrifood industry can benefit both countries.
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Cross-border cooperation can also support both countries in facing similar economic and environmental challenges.
Interesting fact
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