Romania (ROU) and Greece (GRC) Trade | The Observatory of Economic Complexity

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Romania-Greece In 2022, Romania exported $1.08B to Greece. The main products that Romania exported to Greece are Insulated Wire ($49.8M), Scrap Iron ($39.2M), and Rolled Tobacco ($38.5M). During the last 27 years the exports of Romania to Greece have increased at an annualized rate of 6.8%, from $183M in 1995 to $1.08B in 2022.

In 2020, Romania exported services to Greece worth $133M, with Transportation ($42.7M), Other business services ($30.5M), and Travel ($23.9M) being the largest in terms of value.

Greece-Romania In 2022, Greece exported $1.82B to Romania. The main products that Greece exported to Romania were Other toys ($114M), Copper Wire ($113M), and Hot-Rolled Iron Bars ($112M). During the last 27 years the exports of Greece to Romania have increased at an annualized rate of 8.71%, from $191M in 1995 to $1.82B in 2022.

In 2020, Greece exported services to Romania worth $222M, with Travel ($91.5M), Transportation ($50M), and Other business services ($33.8M) 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, Greece ranked 47 in the Economic Complexity Index (ECI 0.32), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Romania exported $1.08B to Greece. The main products exported from Romania to Greece were Insulated Wire ($49.8M), Scrap Iron ($39.2M), and Rolled Tobacco ($38.5M). During the last 27 years the exports of Romania to Greece have increased at an annualized rate of 6.8%, from $183M in 1995 to $1.08B in 2022.

In 2022, Greece exported $1.82B to Romania. The main products exported from Greece to Romania were Other toys ($114M), Copper Wire ($113M), and Hot-Rolled Iron Bars ($112M). During the last 27 years the exports of Greece to Romania have increased at an annualized rate of 8.71%, from $191M in 1995 to $1.82B in 2022.

Exports from Romania () to Greece () (2022)

Exports from Greece () to Romania () (2022)

Latest Data

Trade between Romania () and Greece ()

Romania Exports

Date

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$18.8B

Greece
Top DestinationItaly$5.82B

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

In 2021, countries that imported more from Romania than Greece were Germany ($18.8B), Hungary ($6.75B), and France ($5.73B).

In 2021, countries that imported more from Greece than Romania were Cyprus ($2.92B), Libya ($1.95B), and Lebanon ($1.78B).

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

Comparative Advantage Romania - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Romania had a large net trade with Greece in the exports of Metals ($150M), Machines ($142M), and Foodstuffs ($115M).

During 2022, Greece had a large net trade with Romania in the exports of Metals ($449M), Chemical Products ($234M), and Vegetable Products ($201M).

Service Trade

Bilateral Service Trade

Grc Year

Rou Year

In 2020, Romania exported services to Greece worth $133M, with Transportation ($42.7M), Other business services ($30.5M), and Travel ($23.9M) being the largest in terms of value.

In 2020, Greece exported services to Romania worth $222M, with Travel ($91.5M), Transportation ($50M), and Other business services ($33.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania () to Greece () (2020)

Services Exports from Greece () to Romania () (2020)

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Romania () to Greece () (2022)

Exports from Greece () to Romania () (2022)

Latest Data

Trade between Romania () and Greece ()

Romania Exports

Greece Exports

Market Competitiveness

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

Comparative Advantage Romania - Greece

Service Trade

Bilateral Service Trade

Services Exports from Romania () to Greece () (2020)

Services Exports from Greece () to Romania () (2020)

Economic Complexity

Competitive Landscape

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

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