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ExportsRomania-Belgium Trade: In 2023, Romania exported $2.1B to Belgium. The main products that Romania exported to Belgium were Rapeseed ($440M), Insulated Wire ($207M), and Cars ($137M). Over the past 5 years the exports of Romania to Belgium have increased at an annualized rate of 8.53%, from $1.39B in 2018 to $2.1B in 2023.
In 2020, Romania exported services to Belgium worth $1.06B, with Transportation ($551M), Other business services ($202M), and Computer and information services ($148M) being the largest in terms of value.
Belgium-Romania Trade: In 2023, Belgium exported $3.25B to Romania. The main products that Belgium exported to Romania were Packaged Medicaments ($307M), Copper Wire ($289M), and Cars ($123M). Over the past 5 years the exports of Belgium to Romania have increased at an annualized rate of 7.11%, from $2.31B in 2018 to $3.25B in 2023.
In 2020, Belgium exported services to Romania worth $553M, with Other business services ($182M), Travel ($128M), and Computer and information services ($112M) being the largest in terms of value.
Comparison: In 2023, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B). That same year, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B).
