2023
Flag  
GDP
$351BCURRENT US$
Rnk 43 / 195
2013-2023
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GDP GROWTH
84.8%CURRENT US$
Rnk 24 / 195
2023
Flag
 GDP
$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH
23.6%CURRENT US$
Rnk 130 / 195
2023
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GDP PC 
$18,404CURRENT US$
Rnk 66 / 195
2013-2023
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GDP PC GROWTH
93.8%CURRENT US$
Rnk 11 / 195
2023
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GDP PC
$11,379CURRENT US$
Rnk 85 / 196
2013-2023
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GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195

About

Romania-Malaysia Trade: In 2023, Romania exported $127M to Malaysia. The main products that Romania exported to Malaysia were Wheat ($21.2M), Refined Petroleum ($12M), and Veneer Sheets ($11M). Over the past 5 years the exports of Romania to Malaysia have increased at an annualized rate of 29.5%, from $34.9M in 2018 to $127M in 2023.

In 2020, Romania exported services to Malaysia worth $33.7M, with Other business services ($21.7M), Computer and information services ($4.91M), and Communications services ($3.77M) being the largest in terms of value.

Malaysia-Romania Trade: In 2023, Malaysia exported $204M to Romania. The main products that Malaysia exported to Romania were Integrated Circuits ($35.6M), Broadcasting Equipment ($21.9M), and Electrical Control Boards ($16.3M). Over the past 5 years the exports of Malaysia to Romania have increased at an annualized rate of 11.1%,  from $120M in 2018 to $204M in 2023.

In 2023, Malaysia did not export any services to Romania.

Comparison: In 2023,  Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B). That same year, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Romania exported $127M to Malaysia. The main products exported from Romania to Malaysia were Wheat ($21.2M), Refined Petroleum ($12M), and Veneer Sheets ($11M). During the last 5 years the exports of Romania to Malaysia have increased at an annualized rate of 29.5%, from $34.9M in 2018 to $127M in 2023.

In 2018, Malaysia exported $204M to Romania. The main products exported from Malaysia to Romania were Integrated Circuits ($35.6M), Broadcasting Equipment ($21.9M), and Electrical Control Boards ($16.3M). During the last 5 years the exports of Malaysia to Romania have increased at an annualized rate of 11.1%, from $120M in 2023 to $204M in 2018.

Exports from Romania (Flag) to Malaysia (Flag) (2023)

Exports from Malaysia (Flag) to Romania (Flag) (2023)

Latest Data

Trade between Romania (Flag) and Malaysia (Flag)

Romania Exports

Malaysia Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$19.9B
Malaysia
Top Destination
China$79.8B

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

In 2023, countries that imported more from Romania than Malaysia included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

In 2023, countries that imported more from Malaysia than Romania included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

Difference in imports from Malaysia (Flag) and Romania (Flag) (2023)

Comparative Advantage Romania - Malaysia

Flow
Scale

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

During 2023, Romania had a large net trade with Malaysia in the exports of Machines ($26.1M), Vegetable Products ($24.2M), and Animal and Vegetable Bi-Products ($14.3M).

During 2018, Malaysia had a large net trade with Romania in the exports of Machines ($127M), Chemical Products ($19.5M), and Metals ($17.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Malaysia+$4.67MLow-voltage Protection Equipment
Top Product Potential Malaysia Romania+$39.6MIntegrated Circuits

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

Product Space of Romania (Flag) and Malaysia (Flag) (2023)

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