Flag Romania / China Flag

2020
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Exports
: $1.03B, Rnk 18 / 194

2020
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Top Product
: $192M, Ball Bearings

2020
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Exports
: $5.76B, Rnk 55 / 209

2020
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Top Product
: $304M, Other Cloth Articles

2020
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Economic Complexity (ECI)
: ECI 1.01, Rnk 26 / 127

2020
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Economic Complexity (ECI)
: ECI 0.96, Rnk 28 / 127

2020
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GDP
: $249B, CURRENT US$
Rnk 45 / 195

2010-2020
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GDP GROWTH
: 49.5%, CURRENT US$
Rnk 58 / 195

2020
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 GDP
: $14.7T, CURRENT US$
Rnk 2 / 195

2010-2020
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GDP GROWTH
: 142%, CURRENT US$
Rnk 5 / 195

2020
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GDP PC 
: $12,896, CURRENT US$
Rnk 62 / 195

2010-2020
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GDP PC GROWTH
: 57%, CURRENT US$
Rnk 25 / 195

2020
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GDP PC
: $10,435, CURRENT US$
Rnk 68 / 195

2010-2020
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GDP PC GROWTH
: 129%, CURRENT US$
Rnk 5 / 195

Romania-China In 2020, Romania exported $1.03B to China. The main products that Romania exported to China are Ball Bearings ($192M), Sawn Wood ($112M), and Electrical Control Boards ($80.5M). During the last 25 years the exports of Romania to China have increased at an annualized rate of 5.56%, from $265M in 1995 to $1.03B in 2020.

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 In 2020, China exported $5.76B to Romania. The main products that China exported to Romania were Other Cloth Articles ($304M), Broadcasting Equipment ($233M), and Air Pumps ($222M). During the last 25 years the exports of China to Romania have increased at an annualized rate of 16.2%, from $136M in 1995 to $5.76B in 2020.

In 2020, China did not export any services to Romania.

Comparison In 2020,  Romania ranked 26 in the Economic Complexity Index (ECI 1.01), and 41 in total exports ($73B). That same year, China ranked 28 in the Economic Complexity Index (ECI 0.96), and 1 in total exports ($2.65T).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Romania exported $1.03B to China. The main products exported from Romania to China were Ball Bearings ($192M), Sawn Wood ($112M), and Electrical Control Boards ($80.5M). During the last 25 years the exports of Romania to China have increased at an annualized rate of 5.56%, from $265M in 1995 to $1.03B in 2020.

In 2020, China exported $5.76B to Romania. The main products exported from China to Romania were Other Cloth Articles ($304M), Broadcasting Equipment ($233M), and Air Pumps ($222M). During the last 25 years the exports of China to Romania have increased at an annualized rate of 16.2%, from $136M in 1995 to $5.76B in 2020.

Romania Exports

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Market Competitiveness

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Measure

Romania
Top Destination
: Germany, $15.9B

China
Top Destination
: United States, $438B

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 2019, countries that imported more from Romania than China were Bulgaria ($2.59B), Moldova ($1.03B), and Gibraltar ($169M).

In 2019, countries that imported more from China than Romania were United States ($438B), Hong Kong ($262B), and Japan ($151B).

Comparative Advantage Romania - China

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Flow

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

During 2020, Romania had a large net trade with China in the exports of Machines ($480M), Wood Products ($193M), and Instruments ($86.1M).

During 2020, China had a large net trade with Romania in the exports of Machines ($2.91B), Textiles ($656M), and Metals ($437M).

Bilateral Service Trade

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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.

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 yellow.  This mean that the more blue a dot/product is, the more Romania has comparative advantage over China. Similarly, the more yellow a dot/product is, the more China has comparative advantage over Romania.