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2022
Flag → Flag
Exports $4.38BRnk 60 / 211
2022
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Top Product $314MAir Pumps
2022
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Exports $975MRnk 18 / 196
2022
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Top Product $139MPetroleum Coke
2022
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Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
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Economic Complexity (ECI) ECI 1.03Rnk 26 / 133
2022
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GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
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GDP GROWTH111%CURRENT US$
Rnk 11 / 186
2022
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 GDP$301BCURRENT US$
Rnk 44 / 186
2012-2022
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GDP GROWTH68.2%CURRENT US$
Rnk 30 / 186
2022
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GDP PC $12,720CURRENT US$
Rnk 67 / 186
2012-2022
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GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186
2022
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GDP PC$15,892CURRENT US$
Rnk 60 / 186
2012-2022
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GDP PC GROWTH77.9%CURRENT US$
Rnk 16 / 186

About

China-Romania Trade: In 2022, China exported $4.38B to Romania. The main products that China exported to Romania were Air Pumps ($314M), Broadcasting Equipment ($273M), and Broadcasting Accessories ($169M). Over the past 5 years the exports of China to Romania have increased at an annualized rate of 101%, from $134M in 2017 to $4.38B in 2022.

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

Romania-China Trade: In 2022, Romania exported $975M to China. The main products that Romania exported to China were Petroleum Coke ($139M), Ball Bearings ($115M), and Sawn Wood ($111M). Over the past 5 years the exports of Romania to China have increased at an annualized rate of 29.7%,  from $265M in 2017 to $975M in 2022.

In 2020, Romania exported services to China worth $84M, with Transportation ($38.9M), Other business services ($20.3M), and Computer and information services ($16.6M) being the largest in terms of value.

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Latest Trends

May, 2024

About

Overview In May 2024, China exported $880M and imported $428M from Romania, resulting in a positive trade balance of $451M. Between May 2023 and May 2024 the exports of China have increased by $132M (17.6%) from $748M to $880M, while imports increased by $187M (77.6%) from $241M to $428M.

Trade In May 2024, the top exports of China to Romania were Air Pumps ($24.4M), Other toys ($21.5M), Telephones ($18.4M), Electrical Transformers ($18.3M), and Semiconductor Devices ($17M). In May 2024 the top imports of China from Romania were Petroleum Coke ($40.1M), Electrical Control Boards ($24.1M), Motor vehicles; parts and accessories (8701... ($22M), Thermostats ($15.6M), and Low-voltage Protection Equipment ($10.4M).

Origins In May 2024 the exports of China were mainly from Zhejiang Province ($243M), Guangdong Province ($204M), Jiangsu Province ($159M), Shandong Province ($50.8M), and Shanghai Province ($41.8M), while imports destinations were mainly Beijing ($225M), Shanghai Province ($73.3M), Liaoning Province ($39.9M), Jilin Province ($22.6M), and Jiangsu Province ($13.3M).

Growth In May 2024, the increase in China's year-by-year exports to Romania was explained primarily by an increase in product exports in Electric Generating Sets ($15M or 967%), Semiconductor Devices ($13.4M or 370%), and Iron Wire ($10.6M or 2.89k%). In May 2024, the increase in China's year-by-year imports  from Romania was explained primarily by an increase in product imports  in Petroleum Coke ($27.4M or 215%), Insulated Wire ($4.38M or 117%), and Thermostats ($2.67M or 20.6%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (May 2023 - May 2024)$132M(17.6%)
IMPORT GROWTH (May 2023 - May 2024)$187M(77.6%)
MAIN EXPORTER (May 2024)Zhejiang Province$243M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Romania and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Romania and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $4.38B to Romania. The main products exported from China to Romania were Air Pumps ($314M), Broadcasting Equipment ($273M), and Broadcasting Accessories ($169M). During the last 5 years the exports of China to Romania have increased at an annualized rate of 101%, from $134M in 2017 to $4.38B in 2022.

In 2017, Romania exported $975M to China. The main products exported from Romania to China were Petroleum Coke ($139M), Ball Bearings ($115M), and Sawn Wood ($111M). During the last 22 years the exports of Romania to China have increased at an annualized rate of 29.7%, from $265M in 1995 to $975M in 2017.

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

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

Market Competitiveness

Color
China
Top DestinationUnited States$551B
Romania
Top DestinationGermany$18.8B

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

In 2022, countries that imported more from China than Romania included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from Romania than China included Moldova ($2.14B), Bulgaria ($3.9B), and Gibraltar ($244M).

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

Comparative Advantage China - Romania

Flow
Scale

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

During 2022, China had a large net trade with Romania in the exports of Machines ($3.57B), Metals ($728M), and Miscellaneous ($527M).

During 2017, Romania had a large net trade with China in the exports of Machines ($500M), Mineral Products ($217M), and Wood Products ($212M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Romania+$297MTelephones
Top Product Potential Romania China+$158MMotor vehicles; parts and accessories (8701 to 8705)

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Romania exported services to China worth $84M, with Transportation ($38.9M), Other business services ($20.3M), and Computer and information services ($16.6M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of China and Romania. This means that a dot/product with the flag of China indicates it has a comparative advantage over Romania. Similarly, a dot/product with the flag of Romania indicates it has a comparative advantage over China.

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

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