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
$404BCURRENT US$
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GDP GROWTH
54.4%CURRENT US$
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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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GDP PC
$3,499CURRENT US$
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GDP PC GROWTH
30.9%CURRENT US$
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About

Romania-Philippines In 2022, Romania exported $18.4M to Philippines. The main products that Romania exported to Philippines are Sawn Wood ($6.27M), Plywood ($1.48M), and Electric Heaters ($996k). During the last 27 years the exports of Romania to Philippines have increased at an annualized rate of 2.44%, from $9.6M in 1995 to $18.4M in 2022.

In 2020, Romania exported services to Philippines worth $5.94M, with Computer and information services ($2.4M), Other business services ($2.17M), and Transportation ($685k) being the largest in terms of value.

Philippines-Romania In 2022, Philippines exported $67.7M to Romania. The main products that Philippines exported to Romania were Integrated Circuits ($44.5M), Low-voltage Protection Equipment ($2.97M), and Other Measuring Instruments ($2.58M). During the last 27 years the exports of Philippines to Romania have increased at an annualized rate of 20.5%, from $436k in 1995 to $67.7M in 2022.

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

Comparison In 2022,  Romania ranked 22 in the Economic Complexity Index (ECI 1.05), and 43 in total exports ($99.5B). That same year, Philippines ranked 38 in the Economic Complexity Index (ECI 0.63), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $18.4M to Philippines. The main products exported from Romania to Philippines were Sawn Wood ($6.27M), Plywood ($1.48M), and Electric Heaters ($996k). During the last 27 years the exports of Romania to Philippines have increased at an annualized rate of 2.44%, from $9.6M in 1995 to $18.4M in 2022.

In 2022, Philippines exported $67.7M to Romania. The main products exported from Philippines to Romania were Integrated Circuits ($44.5M), Low-voltage Protection Equipment ($2.97M), and Other Measuring Instruments ($2.58M). During the last 27 years the exports of Philippines to Romania have increased at an annualized rate of 20.5%, from $436k in 1995 to $67.7M in 2022.

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

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

Latest Data

Trade between Romania (Flag) and Philippines (Flag)

Romania Exports

Philippines Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Philippines
Top Destination
United States$15.5B

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

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

In 2021, countries that imported more from Philippines than Romania were China ($15.3B), Hong Kong ($12.6B), and United States ($15.5B).

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

Comparative Advantage Romania - Philippines

Flow
Scale

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

During 2022, Romania had a large net trade with Philippines in the exports of Wood Products ($8.67M), Machines ($4.29M), and Metals ($974k).

During 2022, Philippines had a large net trade with Romania in the exports of Machines ($55M), Instruments ($5.5M), and Foodstuffs ($3M).

Service Trade

Bilateral Service Trade

In 2020, Romania exported services to Philippines worth $5.94M, with Computer and information services ($2.4M), Other business services ($2.17M), and Transportation ($685k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania (Flag) to Philippines (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 Philippines. Similarly, the more yellow a dot/product is, the more Philippines has comparative advantage over Romania.

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

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