2022
Flag  
GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
Flag
 GDP
$18TCURRENT US$
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2012-2022
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GDP GROWTH
111%CURRENT US$
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2022
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GDP PC 
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
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2022
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GDP PC
$12,720CURRENT US$
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2012-2022
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GDP PC GROWTH
102%CURRENT US$
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About

Romania-China Trade: In 2022, Romania exported $1.43B to China. The main products that Romania exported to China were Petroleum Coke ($139M), Ball Bearings ($115M), and Sawn Wood ($111M). Over the past 5 years the exports of Romania to China have increased at an annualized rate of 7.92%, from $975M in 2017 to $1.43B in 2022.

In 2020, Romania exported services to China worth $84M, with Transportation ($38.9M), Other business services ($20.3M), and Computer and information services ($16.6M) being the largest in terms of value.

China-Romania Trade: In 2022, China exported $7.45B to Romania. The main products that China exported to Romania were Air Pumps ($314M), Broadcasting Equipment ($273M), and Broadcasting Accessories ($169M). Over the past 5 years the exports of China to Romania have increased at an annualized rate of 11.2%,  from $4.38B in 2017 to $7.45B in 2022.

In 2022, China did not export any services to Romania.

Comparison: In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). That same year, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $1.43B to China. The main products exported from Romania to China were Petroleum Coke ($139M), Ball Bearings ($115M), and Sawn Wood ($111M). During the last 5 years the exports of Romania to China have increased at an annualized rate of 7.92%, from $975M in 2017 to $1.43B in 2022.

In 2017, China exported $7.45B to Romania. The main products exported from China to Romania were Air Pumps ($314M), Broadcasting Equipment ($273M), and Broadcasting Accessories ($169M). During the last 5 years the exports of China to Romania have increased at an annualized rate of 11.2%, from $4.38B in 2022 to $7.45B in 2017.

Exports from Romania (Flag) to China (Flag) (2022)

Exports from China (Flag) to Romania (Flag) (2022)

Latest Data

Trade between Romania (Flag) and China (Flag)

Romania Exports

China Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
China
Top Destination
United States$551B

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

In 2022, countries that imported more from Romania than China included Moldova ($2.14B), Bulgaria ($3.9B), and Gibraltar ($244M).

In 2022, countries that imported more from China than Romania included United States ($551B), Hong Kong ($276B), and Japan ($178B).

Difference in imports from China (Flag) and Romania (Flag) (2022)

Comparative Advantage Romania - China

Flow
Scale

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

During 2022, Romania had a large net trade with China in the exports of Machines ($500M), Mineral Products ($217M), and Wood Products ($212M).

During 2017, China had a large net trade with Romania in the exports of Machines ($3.57B), Metals ($728M), and Miscellaneous ($527M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania China+$158MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential China Romania+$297MTelephones

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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Economic Complexity

Competitive Landscape

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

Product Space of Romania (Flag) and China (Flag) (2022)

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