Italy (ITA) and Romania (ROU) Trade | The Observatory of Economic Complexity

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Italy-Romania In 2021, Italy exported $10.1B to Romania. The main products that Italy exported to Romania are Motor vehicles; parts and accessories (8701 to 8705) ($263M), Coated Flat-Rolled Iron ($217M), and Tanned Equine and Bovine Hides ($198M). During the last 26 years the exports of Italy to Romania have increased at an annualized rate of 8.02%, from $1.36B in 1995 to $10.1B in 2021.

In 2020, Italy exported services to Romania worth $684M, with Travel ($285M), Transportation ($168M), and Other business services ($118M) being the largest in terms of value.

Romania-Italy In 2021, Romania exported $8.85B to Italy. The main products that Romania exported to Italy were Cars ($1.17B), Electric Heaters ($351M), and Rolled Tobacco ($319M). During the last 26 years the exports of Romania to Italy have increased at an annualized rate of 7.39%, from $1.39B in 1995 to $8.85B in 2021.

In 2020, Romania exported services to Italy worth $1.47B, with Transportation ($747M), Other business services ($239M), and Travel ($181M) being the largest in terms of value.

Comparison In 2021, Italy ranked 19 in the Economic Complexity Index (ECI 1.27), and 7 in total exports ($597B). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.07), and 42 in total exports ($90.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Italy exported $10.1B to Romania. The main products exported from Italy to Romania were Motor vehicles; parts and accessories (8701 to 8705) ($263M), Coated Flat-Rolled Iron ($217M), and Tanned Equine and Bovine Hides ($198M). During the last 26 years the exports of Italy to Romania have increased at an annualized rate of 8.02%, from $1.36B in 1995 to $10.1B in 2021.

In 2021, Romania exported $8.85B to Italy. The main products exported from Romania to Italy were Cars ($1.17B), Electric Heaters ($351M), and Rolled Tobacco ($319M). During the last 26 years the exports of Romania to Italy have increased at an annualized rate of 7.39%, from $1.39B in 1995 to $8.85B in 2021.

Exports from Italy () to Romania () (2021)

Exports from Romania () to Italy () (2021)

Latest Data

Trade between Italy () and Romania ()

Italy Exports

Date

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Italy
Top DestinationGermany$78.4B

Romania
Top DestinationGermany$17.7B

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

In 2021, countries that imported more from Italy than Romania were Germany ($78.4B), France ($61.6B), and United States ($58.1B).

In 2021, countries that imported more from Romania than Italy were Moldova ($1.34B), Bulgaria ($3.45B), and Namibia ($158M).

Difference in imports from Romania () and Italy () (2021)

Comparative Advantage Italy - Romania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Italy had a large net trade with Romania in the exports of Machines ($2.61B), Metals ($1.76B), and Textiles ($1.09B).

During 2021, Romania had a large net trade with Italy in the exports of Machines ($1.88B), Transportation ($1.46B), and Textiles ($966M).

Service Trade

Bilateral Service Trade

Rou Year

Ita Year

In 2020, Italy exported services to Romania worth $684M, with Travel ($285M), Transportation ($168M), and Other business services ($118M) being the largest in terms of value.

In 2020, Romania exported services to Italy worth $1.47B, with Transportation ($747M), Other business services ($239M), and Travel ($181M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Romania () to Italy () (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 Italy has comparative advantage over Romania. Similarly, the more yellow a dot/product is, the more Romania has comparative advantage over Italy.

About

Historical Data

Bilateral Trade by Products

Exports from Italy () to Romania () (2021)

Exports from Romania () to Italy () (2021)

Latest Data

Trade between Italy () and Romania ()

Italy Exports

Romania Exports

Market Competitiveness

Difference in imports from Romania () and Italy () (2021)

Comparative Advantage Italy - Romania

Service Trade

Bilateral Service Trade

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

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

Economic Complexity

Competitive Landscape

Product Space of Italy () and Romania () (2021)

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