Estonia (EST) and Romania (ROU) Trade | The Observatory of Economic Complexity

About

Estonia-Romania In 2022, Estonia exported $113M to Romania. The main products that Estonia exported to Romania are Gold ($11.6M), Broadcasting Equipment ($10.9M), and Glaziers Putty ($4.94M). During the last 27 years the exports of Estonia to Romania have increased at an annualized rate of 16.5%, from $1.81M in 1995 to $113M in 2022.

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

Romania-Estonia In 2022, Romania exported $128M to Estonia. The main products that Romania exported to Estonia were Vacuum Cleaners ($44.4M), Telephones ($6.07M), and Electric Heaters ($5.56M). During the last 27 years the exports of Romania to Estonia have increased at an annualized rate of 26.8%, from $209k in 1995 to $128M 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 22 in the Economic Complexity Index (ECI 1.05), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Estonia exported $113M 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 27 years the exports of Estonia to Romania have increased at an annualized rate of 16.5%, from $1.81M in 1995 to $113M in 2022.

In 2022, Romania exported $128M 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 27 years the exports of Romania to Estonia have increased at an annualized rate of 26.8%, from $209k in 1995 to $128M in 2022.

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

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

Latest Data

Trade between Estonia () and Romania ()

Estonia Exports

Date

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Estonia
Top DestinationFinland$3B

Romania
Top DestinationGermany$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 2021, countries that imported more from Estonia than Romania were Latvia ($2.77B), Finland ($3B), and Lithuania ($1.51B).

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

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

Comparative Advantage Estonia - Romania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 2022, 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

Rou Year

Est Year

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 Romania () to Estonia () (2020)

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Estonia () and Romania ()

Estonia Exports

Romania Exports

Market Competitiveness

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

Comparative Advantage Estonia - Romania

Service Trade

Bilateral Service Trade

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

Economic Complexity

Competitive Landscape

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

Keep Exploring