Romania (ROU) and Singapore (SGP) Trade | The Observatory of Economic Complexity

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Romania-Singapore In 2022, Romania exported $172M to Singapore. The main products that Romania exported to Singapore are Gas Turbines ($72.9M), Ball Bearings ($7.72M), and Rubber Tires ($7.15M). During the last 27 years the exports of Romania to Singapore have increased at an annualized rate of 0.83%, from $137M in 1995 to $172M in 2022.

In 2020, Romania exported services to Singapore worth $247M, with Computer and information services ($212M), Other business services ($25.5M), and Transportation ($3.54M) being the largest in terms of value.

Singapore-Romania In 2022, Singapore exported $151M to Romania. The main products that Singapore exported to Romania were Integrated Circuits ($82.4M), Broadcasting Equipment ($7.6M), and Uncoated Paper ($5.74M). During the last 27 years the exports of Singapore to Romania have increased at an annualized rate of 7.13%, from $23.5M in 1995 to $151M in 2022.

In 2022, Singapore 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, Singapore ranked 5 in the Economic Complexity Index (ECI 1.53), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Romania exported $172M to Singapore. The main products exported from Romania to Singapore were Gas Turbines ($72.9M), Ball Bearings ($7.72M), and Rubber Tires ($7.15M). During the last 27 years the exports of Romania to Singapore have increased at an annualized rate of 0.83%, from $137M in 1995 to $172M in 2022.

In 2022, Singapore exported $151M to Romania. The main products exported from Singapore to Romania were Integrated Circuits ($82.4M), Broadcasting Equipment ($7.6M), and Uncoated Paper ($5.74M). During the last 27 years the exports of Singapore to Romania have increased at an annualized rate of 7.13%, from $23.5M in 1995 to $151M in 2022.

Exports from Romania () to Singapore () (2022)

Exports from Singapore () to Romania () (2022)

Latest Data

Trade between Romania () and Singapore ()

Romania Exports

Date

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$18.8B

Singapore
Top DestinationHong Kong$51.6B

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

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

In 2021, countries that imported more from Singapore than Romania were Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

Difference in imports from Singapore () and Romania () (2022)

Comparative Advantage Romania - Singapore

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Romania had a large net trade with Singapore in the exports of Machines ($106M), Mineral Products ($12.8M), and Transportation ($10.5M).

During 2022, Singapore had a large net trade with Romania in the exports of Machines ($126M), Paper Goods ($5.77M), and Instruments ($5M).

Service Trade

Bilateral Service Trade

Rou Year

In 2020, Romania exported services to Singapore worth $247M, with Computer and information services ($212M), Other business services ($25.5M), and Transportation ($3.54M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania () to Singapore () (2020)

Economic Complexity

Competitive Landscape

Year

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 Singapore. Similarly, the more yellow a dot/product is, the more Singapore has comparative advantage over Romania.

About

Historical Data

Bilateral Trade by Products

Exports from Romania () to Singapore () (2022)

Exports from Singapore () to Romania () (2022)

Latest Data

Trade between Romania () and Singapore ()

Romania Exports

Singapore Exports

Market Competitiveness

Difference in imports from Singapore () and Romania () (2022)

Comparative Advantage Romania - Singapore

Service Trade

Bilateral Service Trade

Services Exports from Romania () to Singapore () (2020)

Economic Complexity

Competitive Landscape

Product Space of Romania () and Singapore () (2022)

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