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
$586BCURRENT US$
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GDP GROWTH
6.06%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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2022
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GDP PC
$55,873CURRENT US$
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GDP PC GROWTH
-3.73%CURRENT US$
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About

Romania-Sweden In 2022, Romania exported $735M to Sweden. The main products that Romania exported to Sweden are Motor vehicles; parts and accessories (8701 to 8705) ($71.5M), Prefabricated Buildings ($44M), and Wood Carpentry ($37.3M). During the last 27 years the exports of Romania to Sweden have increased at an annualized rate of 11%, from $44M in 1995 to $735M in 2022.

In 2020, Romania exported services to Sweden worth $420M, with Other business services ($174M), Computer and information services ($99.7M), and Transportation ($87.8M) being the largest in terms of value.

Sweden-Romania In 2022, Sweden exported $671M to Romania. The main products that Sweden exported to Romania were Cars ($46.1M), Broadcasting Equipment ($29.4M), and Rough Wood ($29M). During the last 27 years the exports of Sweden to Romania have increased at an annualized rate of 8.31%, from $77.8M in 1995 to $671M in 2022.

In 2020, Sweden exported services to Romania worth $151M, with Other business services ($29.8M), Royalties and license fees ($28.6M), and Computer and information services ($28M) being the largest in terms of value.

Comparison In 2022,  Romania ranked 22 in the Economic Complexity Index (ECI 1.05), and 43 in total exports ($99.5B). That same year, Sweden ranked 7 in the Economic Complexity Index (ECI 1.5), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $735M to Sweden. The main products exported from Romania to Sweden were Motor vehicles; parts and accessories (8701 to 8705) ($71.5M), Prefabricated Buildings ($44M), and Wood Carpentry ($37.3M). During the last 27 years the exports of Romania to Sweden have increased at an annualized rate of 11%, from $44M in 1995 to $735M in 2022.

In 2022, Sweden exported $671M to Romania. The main products exported from Sweden to Romania were Cars ($46.1M), Broadcasting Equipment ($29.4M), and Rough Wood ($29M). During the last 27 years the exports of Sweden to Romania have increased at an annualized rate of 8.31%, from $77.8M in 1995 to $671M in 2022.

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

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

Latest Data

Trade between Romania (Flag) and Sweden (Flag)

Romania Exports

Sweden Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Sweden
Top Destination
Germany$19.2B

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

In 2021, countries that imported more from Romania than Sweden were Hungary ($6.75B), Bulgaria ($3.9B), and Italy ($9.55B).

In 2021, countries that imported more from Sweden than Romania were Norway ($18.7B), United States ($17.8B), and Denmark ($14.6B).

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

Comparative Advantage Romania - Sweden

Flow
Scale

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

During 2022, Romania had a large net trade with Sweden in the exports of Machines ($183M), Transportation ($118M), and Metals ($110M).

During 2022, Sweden had a large net trade with Romania in the exports of Machines ($194M), Metals ($108M), and Transportation ($103M).

Service Trade

Bilateral Service Trade

In 2020, Romania exported services to Sweden worth $420M, with Other business services ($174M), Computer and information services ($99.7M), and Transportation ($87.8M) being the largest in terms of value.

In 2020, Sweden exported services to Romania worth $151M, with Other business services ($29.8M), Royalties and license fees ($28.6M), and Computer and information services ($28M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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