Flag Italy / Romania Flag

2019
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Exports
: $8.75B, Rnk 15 / 224

2019
FlagFlag
Top Product
: $231M, Tanned Equine and Bovine Hides

2019
FlagFlag
Exports
: $8.17B, Rnk 2 / 195

2019
FlagFlag
Top Product
: $1.02B, Cars

2019
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Economic Complexity (ECI)
: ECI 1.36, Rnk 17 / 146

2019
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Economic Complexity (ECI)
: ECI 1.08, Rnk 24 / 146

2019
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GDP
: $2T, CURRENT US$
Rnk 8 / 187

2009-2019
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GDP GROWTH
: -8.56%, CURRENT US$
Rnk 180 / 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
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GDP PC 
: $33,228, CURRENT US$
Rnk 29 / 187

2009-2019
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GDP PC GROWTH
: -10.4%, CURRENT US$
Rnk 176 / 187

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

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

Italy-Romania In 2019, Italy exported $8.75B to Romania. The main products that Italy exported to Romania are Tanned Equine and Bovine Hides ($231M), Vehicle Parts ($213M), and Footwear Parts ($196M). During the last 24 years the exports of Italy to Romania have increased at an annualized rate of 8.19%, from $1.32B in 1995 to $8.75B in 2019.

In 2018, Italy exported services to Romania worth $1.07B, with Travel ($461M), Transportation ($231M), and Other business services ($176M) being the largest in terms of value.

Romania-Italy In 2019, Romania exported $8.17B to Italy . The main products that Romania exported to Italy were Cars ($1.02B), Rolled Tobacco ($364M), and Telephones ($348M). During the last 24 years the exports of Romania to Italy have increased at an annualized rate of 7.75%, from $1.36B in 1995 to $8.17B in 2019.

In 2018, Romania exported services to Italy worth $980M, with Travel ($442M), Other business services ($273M), and Communications services ($171M) being the largest in terms of value.

Comparison In 2019,  Italy ranked 17 in the Economic Complexity Index (ECI 1.36), and 8 in total exports ($525B). That same year, Romania ranked 24 in the Economic Complexity Index (ECI 1.08), and 41 in total exports ($78.7B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Italy exported $8.75B to Romania. The main products exported from Italy to Romania were Tanned Equine and Bovine Hides ($231M), Vehicle Parts ($213M), and Footwear Parts ($196M). During the last 24 years the exports of Italy to Romania have increased at an annualized rate of 8.19%, from $1.32B in 1995 to $8.75B in 2019.

In 2019, Romania exported $8.17B to Italy. The main products exported from Romania to Italy were Cars ($1.02B), Rolled Tobacco ($364M), and Telephones ($348M). During the last 24 years the exports of Romania to Italy have increased at an annualized rate of 7.75%, from $1.36B in 1995 to $8.17B in 2019.

Romania Exports

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Market Competitiveness

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Measure

Italy
Top Destination
: Germany, $64.5B

Romania
Top Destination
: Germany, $17.3B

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 2019, countries that imported more from Italy than Romania were United States ($51.8B), France ($54.9B), and Germany ($64.5B).

In 2019, countries that imported more from Romania than Italy were Moldova ($1.19B), Liberia ($45.7M), and Sudan ($104M).

Comparative Advantage Italy - Romania

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Depth

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

During 2019, Italy had a large net trade with Romania in the exports of Machines ($2.16B), Metals ($1.43B), and Textiles ($1.14B).

During 2019, Romania had a large net trade with Italy in the exports of Machines ($1.8B), Transportation ($1.31B), and Textiles ($1.19B).

Bilateral Service Trade

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In 2018, Italy exported services to Romania worth $1.07B, with Travel ($461M), Transportation ($231M), and Other business services ($176M) being the largest in terms of value.

In 2018, Romania exported services to Italy worth $980M, with Travel ($442M), Other business services ($273M), and Communications services ($171M) 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 Italy has comparative advantage over Romania. Similarly, the more red a dot/product is, the more Romania has comparative advantage over Italy.