2022
Flag  
GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
 GDP
$301BCURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP GROWTH
68.2%CURRENT US$
Rnk 30 / 186
2022
Flag
GDP PC 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186
2022
Flag
GDP PC
$15,892CURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP PC GROWTH
77.9%CURRENT US$
Rnk 16 / 186

About

Finland-Romania In 2022, Finland exported $291M to Romania. The main products that Finland exported to Romania are Large Flat-Rolled Stainless Steel ($30.7M), Electric Motors ($15.3M), and Ethylene Polymers ($14.6M). During the last 27 years the exports of Finland to Romania have increased at an annualized rate of 9.81%, from $23.3M in 1995 to $291M in 2022.

In 2020, Finland exported services to Romania worth $27.4M, with Computer and information services ($18.3M), Transportation ($3.43M), and Other business services ($3.43M) being the largest in terms of value.

Romania-Finland In 2022, Romania exported $317M to Finland. The main products that Romania exported to Finland were Motor vehicles; parts and accessories (8701 to 8705) ($34.8M), Cars ($22M), and Iron Pipes ($14.1M). During the last 27 years the exports of Romania to Finland have increased at an annualized rate of 13.4%, from $10.6M in 1995 to $317M in 2022.

In 2020, Romania exported services to Finland worth $150M, with Communications services ($78.8M), Computer and information services ($45.6M), and Other business services ($15.1M) being the largest in terms of value.

Comparison In 2022,  Finland ranked 11 in the Economic Complexity Index (ECI 1.39), and 46 in total exports ($89.9B). 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
Value

In 2022, Finland exported $291M to Romania. The main products exported from Finland to Romania were Large Flat-Rolled Stainless Steel ($30.7M), Electric Motors ($15.3M), and Ethylene Polymers ($14.6M). During the last 27 years the exports of Finland to Romania have increased at an annualized rate of 9.81%, from $23.3M in 1995 to $291M in 2022.

In 2022, Romania exported $317M to Finland. The main products exported from Romania to Finland were Motor vehicles; parts and accessories (8701 to 8705) ($34.8M), Cars ($22M), and Iron Pipes ($14.1M). During the last 27 years the exports of Romania to Finland have increased at an annualized rate of 13.4%, from $10.6M in 1995 to $317M in 2022.

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

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

Latest Data

Trade between Finland (Flag) and Romania (Flag)

Finland Exports

Romania Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Romania
Top Destination
Germany$18.8B

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

In 2021, countries that imported more from Finland than Romania were Sweden ($9.1B), United States ($9.17B), and China ($4.94B).

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

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

Comparative Advantage Finland - Romania

Flow
Scale

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

During 2022, Finland had a large net trade with Romania in the exports of Metals ($81.7M), Machines ($74.1M), and Plastics and Rubbers ($33.6M).

During 2022, Romania had a large net trade with Finland in the exports of Machines ($101M), Transportation ($58.8M), and Metals ($50.5M).

Service Trade

Bilateral Service Trade

In 2020, Finland exported services to Romania worth $27.4M, with Computer and information services ($18.3M), Transportation ($3.43M), and Other business services ($3.43M) being the largest in terms of value.

In 2020, Romania exported services to Finland worth $150M, with Communications services ($78.8M), Computer and information services ($45.6M), and Other business services ($15.1M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

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 Finland has comparative advantage over Romania. Similarly, the more yellow a dot/product is, the more Romania has comparative advantage over Finland.

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with