Romania (ROU) and Ethiopia (ETH) Trade | The Observatory of Economic Complexity

About

Romania-Ethiopia Trade: In 2022, Romania exported $48.1M to Ethiopia. The main products that Romania exported to Ethiopia were Wheat ($44.9M), Electrical Transformers ($552k), and Plastic Lids ($468k). Over the past 5 years the exports of Romania to Ethiopia have decreased at an annualized rate of 6.32%, from $66.6M in 2017 to $48.1M in 2022.

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

Ethiopia-Romania Trade: In 2022, Ethiopia exported $1.02M to Romania. The main products that Ethiopia exported to Romania were Dried Legumes ($564k), Scrap Plastic ($161k), and Polyacetals ($158k). Over the past 5 years the exports of Ethiopia to Romania have increased at an annualized rate of 7.46%, from $714k in 2017 to $1.02M in 2022.

In 2022, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Romania exported $48.1M to Ethiopia. The main products exported from Romania to Ethiopia were Wheat ($44.9M), Electrical Transformers ($552k), and Plastic Lids ($468k). During the last 5 years the exports of Romania to Ethiopia have decreased at an annualized rate of 6.32%, from $66.6M in 2017 to $48.1M in 2022.

In 2017, Ethiopia exported $1.02M to Romania. The main products exported from Ethiopia to Romania were Dried Legumes ($564k), Scrap Plastic ($161k), and Polyacetals ($158k). During the last 5 years the exports of Ethiopia to Romania have increased at an annualized rate of 7.46%, from $714k in 2022 to $1.02M in 2017.

Exports from Romania () to Ethiopia () (2022)

Exports from Ethiopia () to Romania () (2022)

Latest Data

Trade between Romania () and Ethiopia ()

Romania Exports

Date

Ethiopia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$18.8B

Ethiopia
Top DestinationUnited Arab Emirates$723M

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

In 2022, countries that imported more from Romania than Ethiopia included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

In 2022, countries that imported more from Ethiopia than Romania included Somalia ($265M), United Arab Emirates ($723M), and Djibouti ($86.8M).

Difference in imports from Ethiopia () and Romania () (2022)

Comparative Advantage Romania - Ethiopia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Romania had a large net trade with Ethiopia in the exports of Vegetable Products ($44.9M), Machines ($1.28M), and Plastics and Rubbers ($623k).

During 2017, Ethiopia had a large net trade with Romania in the exports of Vegetable Products ($626k), Plastics and Rubbers ($325k), and Machines ($14.4k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Romania Ethiopia+$6.81MWheat

Top Product Potential Ethiopia Romania+$251kDried Legumes

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Romania () to Ethiopia () (2022)

Exports from Ethiopia () to Romania () (2022)

Latest Data

Trade between Romania () and Ethiopia ()

Romania Exports

Ethiopia Exports

Market Competitiveness

Difference in imports from Ethiopia () and Romania () (2022)

Comparative Advantage Romania - Ethiopia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Romania () and Ethiopia () (2022)

Keep Exploring