Flag United Kingdom / Romania Flag

2019
Flag β†’ Flag  
Exports
: $1.74B, Rnk 41 / 221

2019
Flag β†’ Flag
Top Product
: $81.2M, Vehicle Parts

2019
Flag β†’ Flag
Exports
: $2.83B, Rnk 5 / 195

2019
Flag β†’ Flag
Top Product
: $261M, Vehicle Parts

2019
Flag
Economic Complexity (ECI)
: ECI 1.5, Rnk 14 / 157

2019
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Economic Complexity (ECI)
: ECI 1.15, Rnk 24 / 157

2019
Flag  
GDP
: $2.83T, CURRENT US$
Rnk 6 / 187

2009-2019
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GDP GROWTH
: 17.3%, CURRENT US$
Rnk 152 / 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
Flag
GDP PC 
: $42,330, CURRENT US$
Rnk 23 / 187

2009-2019
Flag
GDP PC GROWTH
: 9.34%, CURRENT US$
Rnk 143 / 187

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

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

United Kingdom-Romania: In 2019, United Kingdom exported $1.74B to Romania. The main products that United Kingdom exported to Romania are Vehicle Parts ($81.2M), Cars ($56M), and Synthetic Filament Yarn Woven Fabric ($50.1M). During the last 24 years the exports of United Kingdom to Romania have increased at an annualized rate of 7.31%, from $319M in 1995 to $1.74B in 2019.

In 2016, United Kingdom exported services to Romania worth $682M, with Travel ($623M), Transportation ($36.4M), and Government services, n.i.e. ($22.9M) being the largest in terms of value.

Romania-United Kingdom: In 2019, Romania exported $2.83B to United Kingdom . The main products that Romania exported to United Kingdom were Vehicle Parts ($261M), Cars ($237M), and Insulated Wire ($190M). During the last 24 years the exports of Romania to United Kingdom have increased at an annualized rate of 10.4%, from $265M in 1995 to $2.83B in 2019.

In 2016, Romania exported services to United Kingdom worth $1.09B, with Other business services ($351M), Computer and information services ($319M), and Transportation ($204M) being the largest in terms of value.

Comparison: In 2019,  United Kingdom ranked 14 in the Economic Complexity Index (ECI 1.5), and 10 in total exports ($446B). That same year, Romania ranked 24 in the Economic Complexity Index (ECI 1.15), and 41 in total exports ($78.7B).

Bilateral Trade by Products

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Depth
Value

In 2019, United Kingdom exported $1.74B to Romania. The main products exported from United Kingdom to Romania were Vehicle Parts ($81.2M), Cars ($56M), and Synthetic Filament Yarn Woven Fabric ($50.1M). During the last 24 years the exports of United Kingdom to Romania have increased at an annualized rate of 7.31%, from $319M in 1995 to $1.74B in 2019.

In 2019, Romania exported $2.83B to United Kingdom. The main products exported from Romania to United Kingdom were Vehicle Parts ($261M), Cars ($237M), and Insulated Wire ($190M). During the last 24 years the exports of Romania to United Kingdom have increased at an annualized rate of 10.4%, from $265M in 1995 to $2.83B in 2019.

Market Competitiveness

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Measure

United Kingdom
Top Destination
: United States, $64.7B

Romania
Top Destination
: Germany, $17.3B

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

In 2019, countries that imported more from United Kingdom than Romania were United States ($64.7B), China ($29.8B), and Germany ($44.3B).

In 2019, countries that imported more from Romania than United Kingdom were Bulgaria ($2.63B), Hungary ($3.32B), and Moldova ($1.19B).

Comparative Advantage United Kingdom - Romania

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Depth

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

During 2019, United Kingdom had a large net trade with Romania in the exports of Machines ($587M), Textiles ($240M), and Chemical Products ($224M).

During 2019, Romania had a large net trade with United Kingdom in the exports of Machines ($920M), Transportation ($578M), and Textiles ($370M).

Bilateral Service Trade

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In 2016, United Kingdom exported services to Romania worth $682M, with Travel ($623M), Transportation ($36.4M), and Government services, n.i.e. ($22.9M) being the largest in terms of value.

In 2016, Romania exported services to United Kingdom worth $1.09B, with Other business services ($351M), Computer and information services ($319M), and Transportation ($204M) 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 United Kingdom has comparative advantage over Romania. Similarly, the more red a dot/product is, the more Romania has comparative advantage over United Kingdom.