2022
Flag  
GDP
$301BCURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP GROWTH
68.2%CURRENT US$
Rnk 30 / 186
2022
Flag
 GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC 
$15,892CURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP PC GROWTH
77.9%CURRENT US$
Rnk 16 / 186
2022
Flag
GDP PC
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
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About

Romania-Portugal Trade: In 2022, Romania exported $551M to Portugal. The main products that Romania exported to Portugal were Sunflower Seeds ($104M), Cars ($84.1M), and Corn ($75.9M). Over the past 5 years the exports of Romania to Portugal have increased at an annualized rate of 11.5%, from $319M in 2017 to $551M in 2022.

In 2020, Romania exported services to Portugal worth $58.3M, with Transportation ($24.8M), Other business services ($9.48M), and Computer and information services ($8.68M) being the largest in terms of value.

Portugal-Romania Trade: In 2022, Portugal exported $616M to Romania. The main products that Portugal exported to Romania were Motor vehicles; parts and accessories (8701 to 8705) ($114M), Insulated Wire ($42.5M), and Revolution Counters ($39.1M). Over the past 5 years the exports of Portugal to Romania have increased at an annualized rate of 5.86%,  from $463M in 2017 to $616M in 2022.

In 2020, Portugal exported services to Romania worth $25.1M, with Travel ($25.1M) being the largest in terms of value.

Comparison: In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Latest Data

Trade between Romania (Flag) and Portugal (Flag)

Romania Exports

Portugal Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Portugal
Top Destination
Spain$20.5B

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

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

In 2022, countries that imported more from Portugal than Romania included Spain ($20.5B), France ($9.49B), and United States ($5.66B).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Portugal+$33.3MCars
Top Product Potential Portugal Romania+$21.1MMotor vehicles; parts and accessories (8701 to 8705)

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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Bilateral Service Trade

In 2020, Romania exported services to Portugal worth $58.3M, with Transportation ($24.8M), Other business services ($9.48M), and Computer and information services ($8.68M) being the largest in terms of value.

In 2020, Portugal exported services to Romania worth $25.1M, with Travel ($25.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania (Flag) to Portugal (Flag) (2020)

Services Exports from Portugal (Flag) to Romania (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Romania (Flag) and Portugal (Flag) (NaN)

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