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2022
Flag → Flag
Exports $246MRnk 47 / 196
2022
Flag → Flag
Top Product $108MCorn
2022
Flag → Flag
Exports $71.4MRnk 22 / 127
2022
Flag → Flag
Top Product $39.6MStyrene Polymers
2022
Flag
Economic Complexity (ECI) ECI 1.03Rnk 26 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP GROWTH68.2%CURRENT US$
Rnk 30 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC $15,892CURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP PC GROWTH77.9%CURRENT US$
Rnk 16 / 186
2022
Flag
GDP PC$4,388CURRENT US$
Rnk 116 / 186
2012-2022
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GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Romania-Iran Trade: In 2022, Romania exported $246M to Iran. The main products that Romania exported to Iran were Corn ($108M), Barley ($99M), and Seed Oils ($33.5M). Over the past 5 years the exports of Romania to Iran have decreased at an annualized rate of 13%, from $492M in 2017 to $246M in 2022.

In 2011, Romania exported services to Iran worth $2.75M, with Services not allocated ($1.53M), Travel ($1.22M), and Communications services ($305k) being the largest in terms of value.

Iran-Romania Trade: In 2022, Iran exported $71.4M to Romania. The main products that Iran exported to Romania were Styrene Polymers ($39.6M), Petroleum Jelly ($4.77M), and Ethylene Polymers ($3.12M). Over the past 5 years the exports of Iran to Romania have increased at an annualized rate of 1.22%,  from $67.2M in 2017 to $71.4M in 2022.

In 2022, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $246M to Iran. The main products exported from Romania to Iran were Corn ($108M), Barley ($99M), and Seed Oils ($33.5M). During the last 5 years the exports of Romania to Iran have decreased at an annualized rate of 13%, from $492M in 2017 to $246M in 2022.

In 2017, Iran exported $71.4M to Romania. The main products exported from Iran to Romania were Styrene Polymers ($39.6M), Petroleum Jelly ($4.77M), and Ethylene Polymers ($3.12M). During the last 5 years the exports of Iran to Romania have increased at an annualized rate of 1.22%, from $67.2M in 2022 to $71.4M in 2017.

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

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

Latest Data

Trade between Romania (Flag) and Iran (Flag)

Romania Exports

Market Competitiveness

Color
Romania
Top DestinationGermany$18.8B
Iran
Top DestinationChina$5.72B

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

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

In 2022, countries that imported more from Iran than Romania included China ($5.72B), Kuwait ($960M), and Armenia ($557M).

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

Comparative Advantage Romania - Iran

Flow
Scale

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

During 2022, Romania had a large net trade with Iran in the exports of Vegetable Products ($207M), Animal and Vegetable Bi-Products ($33.5M), and Machines ($2.14M).

During 2017, Iran had a large net trade with Romania in the exports of Plastics and Rubbers ($47.3M), Stone And Glass ($5.49M), and Mineral Products ($4.93M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Iran+$14.4MCorn
Top Product Potential Iran Romania+$5.27MEthylene Polymers

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 Iran. This means that a dot/product with the flag of Romania indicates it has a comparative advantage over Iran. Similarly, a dot/product with the flag of Iran indicates it has a comparative advantage over Romania.

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

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