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2022
Flag → Flag
Exports $663MRnk 29 / 198
2022
Flag → Flag
Top Product $170MPrinted Circuit Boards
2022
Flag → Flag
Exports $63.3MRnk 71 / 196
2022
Flag → Flag
Top Product $9.91MBroadcasting Equipment
2022
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Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
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Economic Complexity (ECI) ECI 1.03Rnk 26 / 133
2022
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GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
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GDP GROWTH37%CURRENT US$
Rnk 89 / 186
2022
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 GDP$301BCURRENT US$
Rnk 44 / 186
2012-2022
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GDP GROWTH68.2%CURRENT US$
Rnk 30 / 186
2022
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GDP PC $48,984CURRENT US$
Rnk 20 / 186
2012-2022
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GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186
2022
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GDP PC$15,892CURRENT US$
Rnk 60 / 186
2012-2022
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GDP PC GROWTH77.9%CURRENT US$
Rnk 16 / 186

About

Hong Kong-Romania Trade: In 2022, Hong Kong exported $663M to Romania. The main products that Hong Kong exported to Romania were Printed Circuit Boards ($170M), Integrated Circuits ($116M), and Broadcasting Equipment ($72.7M). Over the past 5 years the exports of Hong Kong to Romania have increased at an annualized rate of 85%, from $30.6M in 2017 to $663M in 2022.

In 2022, Hong Kong did not export any services to Romania.

Romania-Hong Kong Trade: In 2022, Romania exported $63.3M to Hong Kong. The main products that Romania exported to Hong Kong were Broadcasting Equipment ($9.91M), Integrated Circuits ($9.82M), and Ball Bearings ($9.28M). Over the past 5 years the exports of Romania to Hong Kong have decreased at an annualized rate of 4.46%,  from $79.5M in 2017 to $63.3M in 2022.

In 2020, Romania exported services to Hong Kong worth $28.4M, with Computer and information services ($7.54M), Communications services ($6.85M), and Transportation ($6.62M) being the largest in terms of value.

Comparison: In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). 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, Hong Kong exported $663M to Romania. The main products exported from Hong Kong to Romania were Printed Circuit Boards ($170M), Integrated Circuits ($116M), and Broadcasting Equipment ($72.7M). During the last 5 years the exports of Hong Kong to Romania have increased at an annualized rate of 85%, from $30.6M in 2017 to $663M in 2022.

In 2017, Romania exported $63.3M to Hong Kong. The main products exported from Romania to Hong Kong were Broadcasting Equipment ($9.91M), Integrated Circuits ($9.82M), and Ball Bearings ($9.28M). During the last 5 years the exports of Romania to Hong Kong have decreased at an annualized rate of 4.46%, from $79.5M in 2022 to $63.3M in 2017.

Exports from Hong Kong (Flag) to Romania (Flag) (2022)

Exports from Romania (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Romania (Flag)

Hong Kong Exports

Romania Exports

Market Competitiveness

Color
Hong Kong
Top DestinationChina$23.4B
Romania
Top DestinationGermany$18.8B

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

In 2022, countries that imported more from Hong Kong than Romania included China ($23.4B), India ($14.3B), and Malaysia ($3.84B).

In 2022, countries that imported more from Romania than Hong Kong included Germany ($18.8B), Italy ($9.55B), and France ($5.73B).

Difference in imports from Romania (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Romania

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Romania in the exports of Machines ($587M), Instruments ($25.2M), and Precious Metals ($9.44M).

During 2017, Romania had a large net trade with Hong Kong in the exports of Machines ($42.5M), Transportation ($5.48M), and Plastics and Rubbers ($3.87M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hong Kong Romania+$38.2MTelephones
Top Product Potential Romania Hong Kong+$22MTelephones

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Romania exported services to Hong Kong worth $28.4M, with Computer and information services ($7.54M), Communications services ($6.85M), and Transportation ($6.62M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania (Flag) to Hong Kong (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Hong Kong (Flag) and Romania (Flag) (2022)

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