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2023
Flag → Flag
Exports $3.91MRnk 119 / 199
2023
Flag → Flag
Top Product $1.72MWood Fiberboard
2023
Flag → Flag
Exports $56.5kRnk 47 / 76
2023
Flag → Flag
Top Product $21.7kCleaning Products
2023
Flag
Economic Complexity (ECI) ECI 1.02Rnk 28 / 132
2023
Flag  
GDP$351BCURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP GROWTH84.8%CURRENT US$
Rnk 24 / 195
2023
Flag
 GDP$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH28.9%CURRENT US$
Rnk 117 / 195
2023
Flag
GDP PC $18,404CURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP PC GROWTH93.8%CURRENT US$
Rnk 11 / 195
2023
Flag
GDP PC$3,372CURRENT US$
Rnk 140 / 196
2013-2023
Flag
GDP PC GROWTH1.72%CURRENT US$
Rnk 151 / 195

About

Romania-Palestine Trade: In 2023, Romania exported $3.91M to Palestine. The main products that Romania exported to Palestine were Wood Fiberboard ($1.72M), Cars ($1.61M), and Baked Goods ($361k). Over the past 5 years the exports of Romania to Palestine have decreased at an annualized rate of 19.3%, from $11.4M in 2018 to $3.91M in 2023.

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

Palestine-Romania Trade: In 2023, Palestine exported $56.5k to Romania. The main products that Palestine exported to Romania were Cleaning Products ($21.7k), Soap ($16.9k), and Beauty Products ($10.5k). Over the past 5 years the exports of Palestine to Romania have increased at an annualized rate of 34%,  from $13.1k in 2018 to $56.5k in 2023.

In 2023, Palestine 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, Palestine ranked 189 in total exports ($189M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Romania exported $3.91M to Palestine. The main products exported from Romania to Palestine were Wood Fiberboard ($1.72M), Cars ($1.61M), and Baked Goods ($361k). During the last 5 years the exports of Romania to Palestine have decreased at an annualized rate of 19.3%, from $11.4M in 2018 to $3.91M in 2023.

In 2018, Palestine exported $56.5k to Romania. The main products exported from Palestine to Romania were Cleaning Products ($21.7k), Soap ($16.9k), and Beauty Products ($10.5k). During the last 5 years the exports of Palestine to Romania have increased at an annualized rate of 34%, from $13.1k in 2023 to $56.5k in 2018.

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

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

Latest Data

Trade between Romania (Flag) and Palestine (Flag)

Romania Exports

Palestine Exports

Market Competitiveness

Color
Romania
Top DestinationGermany$19.9B
Palestine
Top DestinationJordan$96.6M

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

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

In 2023, no countries were registered that imported more from Palestine than from Romania.

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

Comparative Advantage Romania - Palestine

Flow
Scale

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

During 2023, Romania had a large net trade with Palestine in the exports of Wood Products ($1.75M), Transportation ($1.61M), and Foodstuffs ($390k).

During 2018, Palestine had a large net trade with Romania in the exports of Chemical Products ($50.7k), Wood Products ($4.57k), and Paper Goods ($891).

Economic Complexity

Competitive Landscape

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

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

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