2022
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GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
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GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
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 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
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GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186
2022
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GDP PC
$15,892CURRENT US$
Rnk 60 / 186
2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
Rnk 16 / 186

About

Estonia-Romania Trade: In 2022, Estonia exported $107M to Romania. The main products that Estonia exported to Romania were Gold ($11.6M), Broadcasting Equipment ($10.9M), and Glaziers Putty ($4.94M). Over the past 5 years the exports of Estonia to Romania have increased at an annualized rate of 126%, from $1.81M in 2017 to $107M in 2022.

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 Trade: In 2022, Romania exported $74.1M to Estonia. The main products that Romania exported to Estonia were Vacuum Cleaners ($44.4M), Telephones ($6.07M), and Electric Heaters ($5.56M). Over the past 5 years the exports of Romania to Estonia have increased at an annualized rate of 224%,  from $209k in 2017 to $74.1M in 2022.

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 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Estonia exported $107M to Romania. The main products exported from Estonia to Romania were Gold ($11.6M), Broadcasting Equipment ($10.9M), and Glaziers Putty ($4.94M). During the last 5 years the exports of Estonia to Romania have increased at an annualized rate of 126%, from $1.81M in 2017 to $107M in 2022.

In 2017, Romania exported $74.1M to Estonia. The main products exported from Romania to Estonia were Vacuum Cleaners ($44.4M), Telephones ($6.07M), and Electric Heaters ($5.56M). During the last 22 years the exports of Romania to Estonia have increased at an annualized rate of 224%, from $209k in 1995 to $74.1M in 2017.

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

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

Latest Data

Trade between Estonia (Flag) and Romania (Flag)

Estonia Exports

Romania Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Romania
Top Destination
Germany$18.8B

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 2022, countries that imported more from Estonia than Romania included Latvia ($2.77B), Finland ($3B), and Lithuania ($1.51B).

In 2022, countries that imported more from Romania than Estonia included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

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

Comparative Advantage Estonia - Romania

Flow
Scale

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

During 2022, Estonia had a large net trade with Romania in the exports of Machines ($27.2M), Chemical Products ($15M), and Precious Metals ($11.8M).

During 2017, Romania had a large net trade with Estonia in the exports of Machines ($76.4M), Metals ($13.6M), and Textiles ($7.73M).

Service Trade

Bilateral Service Trade

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.

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

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

Economic Complexity

Competitive Landscape

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

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

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