Flag Estonia / Romania Flag

2020
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Exports
: $58M, Rnk 32 / 184

2020
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Top Product
: $4.85M, Glaziers Putty

2020
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Exports
: $68.4M, Rnk 66 / 194

2020
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Top Product
: $21.7M, Vacuum Cleaners

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

2020
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GDP
: $30.7B, CURRENT US$
Rnk 99 / 204

2010-2020
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GDP GROWTH
: 57%, CURRENT US$
Rnk 50 / 204

2020
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 GDP
: $250B, CURRENT US$
Rnk 45 / 204

2010-2020
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GDP GROWTH
: 50%, CURRENT US$
Rnk 57 / 204

2020
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GDP PC 
: $23,054, CURRENT US$
Rnk 48 / 204

2010-2020
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GDP PC GROWTH
: 57.2%, CURRENT US$
Rnk 25 / 204

2020
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GDP PC
: $12,957, CURRENT US$
Rnk 70 / 204

2010-2020
Flag
GDP PC GROWTH
: 57.7%, CURRENT US$
Rnk 24 / 204

Estonia-Romania In 2020, Estonia exported $58M to Romania. The main products that Estonia exported to Romania are Glaziers Putty ($4.85M), Other Metal Fasteners ($4.44M), and Pig Meat ($3.84M). During the last 25 years the exports of Estonia to Romania have increased at an annualized rate of 14.9%, from $1.78M in 1995 to $58M in 2020.

In 2020, Estonia exported services to Romania worth $13.7M, with Other business services ($9.14M), Travel ($2.17M), and Transportation ($1.03M) being the largest in terms of value.

Romania-Estonia In 2020, Romania exported $68.4M to Estonia. The main products that Romania exported to Estonia were Vacuum Cleaners ($21.7M), Telephones ($10.2M), and Electric Heaters ($3.22M). During the last 25 years the exports of Romania to Estonia have increased at an annualized rate of 26.1%, from $208k in 1995 to $68.4M in 2020.

In 2020, Romania exported services to Estonia worth $21M, with Computer and information services ($13.5M), Other business services ($3.31M), and Transportation ($2.86M) being the largest in terms of value.

Comparison In 2020,  Estonia ranked 73 in total exports ($16.8B), and does not have data regarding Economic Complexity Index. 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

In 2020, Estonia exported $58M to Romania. The main products exported from Estonia to Romania were Glaziers Putty ($4.85M), Other Metal Fasteners ($4.44M), and Pig Meat ($3.84M). During the last 25 years the exports of Estonia to Romania have increased at an annualized rate of 14.9%, from $1.78M in 1995 to $58M in 2020.

In 2020, Romania exported $68.4M to Estonia. The main products exported from Romania to Estonia were Vacuum Cleaners ($21.7M), Telephones ($10.2M), and Electric Heaters ($3.22M). During the last 25 years the exports of Romania to Estonia have increased at an annualized rate of 26.1%, from $208k in 1995 to $68.4M in 2020.

Estonia Exports

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Romania Exports

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Market Competitiveness

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Measure

Estonia
Top Destination
: Finland, $2.24B

Romania
Top Destination
: Germany, $15.9B

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

In 2019, countries that imported more from Estonia than Romania were Finland ($2.24B), Latvia ($1.37B), and Sweden ($1.53B).

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

Comparative Advantage Estonia - Romania

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Flow

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

During 2020, Estonia had a large net trade with Romania in the exports of Machines ($12M), Metals ($8.99M), and Animal Products ($8.87M).

During 2020, Romania had a large net trade with Estonia in the exports of Machines ($43.6M), Textiles ($5.68M), and Foodstuffs ($3.9M).

Bilateral Service Trade

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In 2020, Estonia exported services to Romania worth $13.7M, with Other business services ($9.14M), Travel ($2.17M), and Transportation ($1.03M) being the largest in terms of value.

In 2020, Romania exported services to Estonia worth $21M, with Computer and information services ($13.5M), Other business services ($3.31M), and Transportation ($2.86M) 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 yellow.  This mean that the more blue a dot/product is, the more Estonia has comparative advantage over Romania. Similarly, the more yellow a dot/product is, the more Romania has comparative advantage over Estonia.