2022
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GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
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 GDP
$38.1BCURRENT US$
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2012-2022
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GDP GROWTH
65.5%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
$28,333CURRENT US$
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2012-2022
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GDP PC GROWTH
62.8%CURRENT US$
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About

Romania-Estonia In 2022, Romania exported $128M to Estonia. The main products that Romania exported to Estonia are Vacuum Cleaners ($44.4M), Telephones ($6.07M), and Electric Heaters ($5.56M). During the last 27 years the exports of Romania to Estonia have increased at an annualized rate of 26.8%, from $209k in 1995 to $128M in 2022.

In 2020, Romania exported services to Estonia worth $21M, with Computer and information services ($13.5M), Other business services ($3.31M), and Transportation ($2.86M) being the largest in terms of value.

Estonia-Romania In 2022, Estonia exported $113M to Romania. The main products that Estonia exported to Romania were Gold ($11.6M), Broadcasting Equipment ($10.9M), and Glaziers Putty ($4.94M). During the last 27 years the exports of Estonia to Romania have increased at an annualized rate of 16.5%, from $1.81M in 1995 to $113M in 2022.

In 2020, Estonia exported services to Romania worth $13.7M, with Other business services ($9.14M), Travel ($2.17M), and Transportation ($1.03M) being the largest in terms of value.

Comparison In 2022,  Romania ranked 22 in the Economic Complexity Index (ECI 1.05),  and 43 in total exports ($99.5B). That same year, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $128M to Estonia. The main products exported from Romania to Estonia were Vacuum Cleaners ($44.4M), Telephones ($6.07M), and Electric Heaters ($5.56M). During the last 27 years the exports of Romania to Estonia have increased at an annualized rate of 26.8%, from $209k in 1995 to $128M in 2022.

In 2022, Estonia exported $113M to Romania. The main products exported from Estonia to Romania were Gold ($11.6M), Broadcasting Equipment ($10.9M), and Glaziers Putty ($4.94M). During the last 27 years the exports of Estonia to Romania have increased at an annualized rate of 16.5%, from $1.81M in 1995 to $113M in 2022.

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

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

Latest Data

Trade between Romania (Flag) and Estonia (Flag)

Romania Exports

Estonia Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Estonia
Top Destination
Finland$3B

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

In 2021, countries that imported more from Romania than Estonia were Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

In 2021, countries that imported more from Estonia than Romania were Latvia ($2.77B), Finland ($3B), and Lithuania ($1.51B).

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

Comparative Advantage Romania - Estonia

Flow
Scale

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

During 2022, Romania had a large net trade with Estonia in the exports of Machines ($76.4M), Metals ($13.6M), and Textiles ($7.73M).

During 2022, Estonia had a large net trade with Romania in the exports of Machines ($27.2M), Chemical Products ($15M), and Precious Metals ($11.8M).

Service Trade

Bilateral Service Trade

In 2020, Romania exported services to Estonia worth $21M, with Computer and information services ($13.5M), Other business services ($3.31M), and Transportation ($2.86M) being the largest in terms of value.

In 2020, Estonia exported services to Romania worth $13.7M, with Other business services ($9.14M), Travel ($2.17M), and Transportation ($1.03M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania (Flag) to Estonia (Flag) (2020)

Services Exports from Estonia (Flag) to Romania (Flag) (2020)

Economic Complexity

Competitive Landscape

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 Estonia. Similarly, the more yellow a dot/product is, the more Estonia has comparative advantage over Romania.

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

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