2022
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GDP
$2.14TCURRENT US$
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2012-2022
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GDP GROWTH
17%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 
$54,966CURRENT US$
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2012-2022
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GDP PC GROWTH
4.36%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

Canada-Romania In 2022, Canada exported $75M to Romania. The main products that Canada exported to Romania are Spark-Ignition Engines ($6.67M), Liquid Pumps ($3.63M), and Non-fillet Frozen Fish ($3.46M). During the last 27 years the exports of Canada to Romania have increased at an annualized rate of 2.38%, from $39.8M in 1995 to $75M in 2022.

In 2020, Canada exported services to Romania worth $17.9M, with Royalties and license fees ($12.7M), Computer and information services ($2.98M), and Communications services ($2.24M) being the largest in terms of value.

Romania-Canada In 2022, Romania exported $440M to Canada. The main products that Romania exported to Canada were Passenger and Cargo Ships ($71.3M), Rubber Tires ($34.5M), and Iron Pipes ($30.5M). During the last 27 years the exports of Romania to Canada have increased at an annualized rate of 8.43%, from $49.6M in 1995 to $440M in 2022.

In 2020, Romania exported services to Canada worth $149M, with Computer and information services ($66.1M), Other business services ($36.1M), and Transportation ($25M) being the largest in terms of value.

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.85), and 9 in total exports ($587B). 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, Canada exported $75M to Romania. The main products exported from Canada to Romania were Spark-Ignition Engines ($6.67M), Liquid Pumps ($3.63M), and Non-fillet Frozen Fish ($3.46M). During the last 27 years the exports of Canada to Romania have increased at an annualized rate of 2.38%, from $39.8M in 1995 to $75M in 2022.

In 2022, Romania exported $440M to Canada. The main products exported from Romania to Canada were Passenger and Cargo Ships ($71.3M), Rubber Tires ($34.5M), and Iron Pipes ($30.5M). During the last 27 years the exports of Romania to Canada have increased at an annualized rate of 8.43%, from $49.6M in 1995 to $440M in 2022.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Romania
Top Destination
Germany$18.8B

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

In 2021, countries that imported more from Canada than Romania were United States ($438B), China ($25.4B), and Japan ($14.3B).

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

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

Comparative Advantage Canada - Romania

Flow
Scale

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

During 2022, Canada had a large net trade with Romania in the exports of Machines ($38.3M), Metals ($5.73M), and Foodstuffs ($5.42M).

During 2022, Romania had a large net trade with Canada in the exports of Machines ($115M), Transportation ($111M), and Metals ($54.4M).

Service Trade

Bilateral Service Trade

In 2020, Canada exported services to Romania worth $17.9M, with Royalties and license fees ($12.7M), Computer and information services ($2.98M), and Communications services ($2.24M) being the largest in terms of value.

In 2020, Romania exported services to Canada worth $149M, with Computer and information services ($66.1M), Other business services ($36.1M), and Transportation ($25M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada (Flag) to Romania (Flag) (2020)

Services Exports from Romania (Flag) to Canada (Flag) (2020)

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 Canada has comparative advantage over Romania. Similarly, the more yellow a dot/product is, the more Romania has comparative advantage over Canada.

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

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