Flag China / Romania Flag

2019
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Exports
: $4.92B, Rnk 58 / 209

2019
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Top Product
: $208M, Broadcasting Equipment

2019
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Exports
: $1.01B, Rnk 19 / 195

2019
FlagFlag
Top Product
: $133M, Ball Bearings

2019
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Economic Complexity (ECI)
: ECI 1.01, Rnk 29 / 146

2019
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Economic Complexity (ECI)
: ECI 1.08, Rnk 24 / 146

2019
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GDP
: $14.3T, CURRENT US$
Rnk 2 / 187

2009-2019
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GDP GROWTH
: 181%, CURRENT US$
Rnk 6 / 187

2019
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 GDP
: $250B, CURRENT US$
Rnk 46 / 187

2009-2019
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GDP GROWTH
: 43.6%, CURRENT US$
Rnk 103 / 187

2019
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GDP PC 
: $10,262, CURRENT US$
Rnk 71 / 187

2009-2019
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GDP PC GROWTH
: 168%, CURRENT US$
Rnk 2 / 187

2019
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GDP PC
: $12,920, CURRENT US$
Rnk 62 / 187

2009-2019
Flag
GDP PC GROWTH
: 51.1%, CURRENT US$
Rnk 55 / 187

China-Romania In 2019, China exported $4.92B to Romania. The main products that China exported to Romania are Broadcasting Equipment ($208M), Printed Circuit Boards ($204M), and Air Pumps ($180M). During the last 24 years the exports of China to Romania have increased at an annualized rate of 16.3%, from $132M in 1995 to $4.92B in 2019.

In 2019, China did not export any services to Romania.

Romania-China In 2019, Romania exported $1.01B to China . The main products that Romania exported to China were Ball Bearings ($133M), Sawn Wood ($108M), and Electrical Control Boards ($85.6M). During the last 24 years the exports of Romania to China have increased at an annualized rate of 5.74%, from $265M in 1995 to $1.01B in 2019.

In 2018, Romania exported services to China worth $53.9M, with Transportation ($32M), Other business services ($11.7M), and Communications services ($6.61M) being the largest in terms of value.

Comparison In 2019,  China ranked 29 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($2.57T). That same year, Romania ranked 24 in the Economic Complexity Index (ECI 1.08), and 41 in total exports ($78.7B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, China exported $4.92B to Romania. The main products exported from China to Romania were Broadcasting Equipment ($208M), Printed Circuit Boards ($204M), and Air Pumps ($180M). During the last 24 years the exports of China to Romania have increased at an annualized rate of 16.3%, from $132M in 1995 to $4.92B in 2019.

In 2019, Romania exported $1.01B to China. The main products exported from Romania to China were Ball Bearings ($133M), Sawn Wood ($108M), and Electrical Control Boards ($85.6M). During the last 24 years the exports of Romania to China have increased at an annualized rate of 5.74%, from $265M in 1995 to $1.01B in 2019.

Romania Exports

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Market Competitiveness

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Measure

China
Top Destination
: United States, $429B

Romania
Top Destination
: Germany, $17.3B

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 2019, countries that imported more from China than Romania were United States ($429B), Hong Kong ($268B), and Japan ($152B).

In 2019, countries that imported more from Romania than China were Bulgaria ($2.63B), Moldova ($1.19B), and Gibraltar ($117M).

Comparative Advantage China - Romania

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Depth

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

During 2019, China had a large net trade with Romania in the exports of Machines ($2.48B), Metals ($391M), and Textiles ($362M).

During 2019, Romania had a large net trade with China in the exports of Machines ($444M), Wood Products ($180M), and Instruments ($88M).

Tariff Section

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

In 2019, the products from China that paid the highest import tariffs to enter Romania were Vermouth and other flavoured grape wines - pack < 2l (65%) and Vermouth and other flavoured grape wines - pack > 2l (65%).

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

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

Bilateral Service Trade

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In 2018, Romania exported services to China worth $53.9M, with Transportation ($32M), Other business services ($11.7M), and Communications services ($6.61M) 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 China has comparative advantage over Romania. Similarly, the more red a dot/product is, the more Romania has comparative advantage over China.