2022
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GDP
$72.8BCURRENT US$
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2012-2022
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GDP GROWTH
10.8%CURRENT US$
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2022
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 GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
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GDP PC 
$7,905CURRENT US$
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2012-2022
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GDP PC GROWTH
13.7%CURRENT US$
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2022
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GDP PC
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
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About

Belarus-Romania In 2022, Belarus exported $52.7M to Romania. The main products that Belarus exported to Romania are Hot-Rolled Iron Bars ($9.82M), Insulated Wire ($5.89M), and Stranded Iron Wire ($3.72M). During the last 27 years the exports of Belarus to Romania have increased at an annualized rate of 2.84%, from $24.8M in 1995 to $52.7M in 2022.

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 2022, Romania exported $36.1M to Belarus. The main products that Romania exported to Belarus were Packaged Medicaments ($9.85M), Corn ($3.98M), and Other Iron Bars ($2.92M). During the last 27 years the exports of Romania to Belarus have increased at an annualized rate of 6.91%, from $5.95M in 1995 to $36.1M in 2022.

In 2022, Romania did not export any services to Belarus.

Comparison In 2022,  Belarus ranked 30 in the Economic Complexity Index (ECI 0.86), and 100 in total exports ($10.4B). That same year, Romania ranked 22 in the Economic Complexity Index (ECI 1.05), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belarus exported $52.7M to Romania. The main products exported from Belarus to Romania were Hot-Rolled Iron Bars ($9.82M), Insulated Wire ($5.89M), and Stranded Iron Wire ($3.72M). During the last 27 years the exports of Belarus to Romania have increased at an annualized rate of 2.84%, from $24.8M in 1995 to $52.7M in 2022.

In 2022, Romania exported $36.1M to Belarus. The main products exported from Romania to Belarus were Packaged Medicaments ($9.85M), Corn ($3.98M), and Other Iron Bars ($2.92M). During the last 27 years the exports of Romania to Belarus have increased at an annualized rate of 6.91%, from $5.95M in 1995 to $36.1M in 2022.

Exports from Belarus (Flag) to Romania (Flag) (2022)

Exports from Romania (Flag) to Belarus (Flag) (2022)

Latest Data

Trade between Belarus (Flag) and Romania (Flag)

Belarus Exports

Romania Exports

Market Competitiveness

Color
Belarus
Top Destination
China$1.6B
Romania
Top Destination
Germany$18.8B

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 2021, countries that imported more from Belarus than Romania were Kazakhstan ($827M), Lithuania ($778M), and Uzbekistan ($386M).

In 2021, countries that imported more from Romania than Belarus were Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

Difference in imports from Romania (Flag) and Belarus (Flag) (2022)

Comparative Advantage Belarus - Romania

Flow
Scale

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

During 2022, Belarus had a large net trade with Romania in the exports of Metals ($19.4M), Wood Products ($9.73M), and Machines ($6.16M).

During 2022, Romania had a large net trade with Belarus in the exports of Chemical Products ($13.3M), Metals ($5.68M), and Machines ($4.58M).

Service Trade

Bilateral Service Trade

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.

Services Exports from Belarus (Flag) to Romania (Flag) (2014)

Economic Complexity

Competitive Landscape

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

Product Space of Belarus (Flag) and Romania (Flag) (2022)

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