Flag Belarus / Romania Flag

2020
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Exports
: $113M, Rnk 27 / 173

2020
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Top Product
: $11.7M, Wood Fiberboard

2020
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Exports
: $49.8M, Rnk 75 / 194

2020
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Top Product
: $13.5M, Packaged Medicaments

2020
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Economic Complexity (ECI)
: ECI 0.77, Rnk 33 / 127

2020
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Economic Complexity (ECI)
: ECI 1.01, Rnk 26 / 127

2020
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GDP
: $60.3B, CURRENT US$
Rnk 78 / 195

2010-2020
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GDP GROWTH
: 5.31%, CURRENT US$
Rnk 148 / 195

2020
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 GDP
: $249B, CURRENT US$
Rnk 45 / 195

2010-2020
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GDP GROWTH
: 49.5%, CURRENT US$
Rnk 58 / 195

2020
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GDP PC 
: $6,424, CURRENT US$
Rnk 92 / 195

2010-2020
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GDP PC GROWTH
: 6.47%, CURRENT US$
Rnk 116 / 195

2020
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GDP PC
: $12,896, CURRENT US$
Rnk 62 / 195

2010-2020
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GDP PC GROWTH
: 57%, CURRENT US$
Rnk 25 / 195

Belarus-Romania In 2020, Belarus exported $113M to Romania. The main products that Belarus exported to Romania are Wood Fiberboard ($11.7M), Packaged Medicaments ($11.1M), and Sawn Wood ($7.83M). During the last 25 years the exports of Belarus to Romania have increased at an annualized rate of 6.27%, from $24.6M in 1995 to $113M in 2020.

In 2014, Belarus exported services to Romania worth $223k, with Insurance services ($97.9k), Government services, n.i.e. ($89.1k), and Computer and information services ($28.9k) being the largest in terms of value.

Romania-Belarus In 2020, Romania exported $49.8M to Belarus . The main products that Romania exported to Belarus were Packaged Medicaments ($13.5M), Other Heating Machinery ($3.64M), and Other Iron Products ($2.68M). During the last 25 years the exports of Romania to Belarus have increased at an annualized rate of 8.87%, from $5.95M in 1995 to $49.8M in 2020.

In 2020, Romania did not export any services to Belarus.

Comparison In 2020,  Belarus ranked 33 in the Economic Complexity Index (ECI 0.77), and 64 in total exports ($28.1B). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.01), and 41 in total exports ($73B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2020, Belarus exported $113M to Romania. The main products exported from Belarus to Romania were Wood Fiberboard ($11.7M), Packaged Medicaments ($11.1M), and Sawn Wood ($7.83M). During the last 25 years the exports of Belarus to Romania have increased at an annualized rate of 6.27%, from $24.6M in 1995 to $113M in 2020.

In 2020, Romania exported $49.8M to Belarus. The main products exported from Romania to Belarus were Packaged Medicaments ($13.5M), Other Heating Machinery ($3.64M), and Other Iron Products ($2.68M). During the last 25 years the exports of Romania to Belarus have increased at an annualized rate of 8.87%, from $5.95M in 1995 to $49.8M in 2020.

Belarus Exports

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Romania Exports

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Market Competitiveness

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Measure

Belarus
Top Destination
: Russia, $12.8B

Romania
Top Destination
: Germany, $15.9B

This map shows whether countries import more from Belarus or Romania. Each country is colored based on the difference in imports they receive from Belarus and Romania or the difference in the growth in imports.

In 2019, countries that imported more from Belarus than Romania were Russia ($12.8B), Ukraine ($3.15B), and Lithuania ($1.05B).

In 2019, countries that imported more from Romania than Belarus were Germany ($15.9B), Italy ($7.45B), and France ($4.65B).

Comparative Advantage Belarus - Romania

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Flow

This chart compares trade between Belarus and Romania by product, considering products traded by both, Belarus and Romania.

During 2020, Belarus had a large net trade with Romania in the exports of Wood Products ($36.8M), Metals ($28.4M), and Chemical Products ($16M).

During 2020, Romania had a large net trade with Belarus in the exports of Chemical Products ($16.7M), Machines ($11.7M), and Metals ($8.68M).

Tariff Section

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This section shows import tariffs for products traded between Belarus and Romania (using the HS6 product classification and the last year reported).

In 2019, the products from Belarus that paid the highest import tariffs to enter Romania were Ethyl alcohol and other spirits, denatured (2.4M%)and Undenatured ethyl alcohol > 80% by volume (1.34M%).

In 2019, the products from Romania that paid the highest import tariffs to enter Belarus were Vermouth and other flavoured grape wines - pack > 2l (72.3k%)and Sugar beet (168%).

*The tariffs present between Belarus and Romania are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

Bilateral Service Trade

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In 2014, Belarus exported services to Romania worth $223k, with Insurance services ($97.9k), Government services, n.i.e. ($89.1k), and Computer and information services ($28.9k) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Belarus has comparative advantage over Romania. Similarly, the more red a dot/product is, the more Romania has comparative advantage over Belarus.