Romania (ROU) and Ukraine (UKR) Trade | The Observatory of Economic Complexity

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Romania-Ukraine Trade: In 2023, Romania exported $1.55B to Ukraine. The main products that Romania exported to Ukraine were Refined Petroleum ($516M), Petroleum Gas ($282M), and Cars ($93.9M). Over the past 5 years the exports of Romania to Ukraine have increased at an annualized rate of 21.3%, from $589M in 2018 to $1.55B in 2023.

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

Ukraine-Romania Trade: In 2023, Ukraine exported $3.56B to Romania. The main products that Ukraine exported to Romania were Seed Oils ($958M), Corn ($574M), and Wheat ($416M). Over the past 5 years the exports of Ukraine to Romania have increased at an annualized rate of 28.2%, from $1.03B in 2018 to $3.56B in 2023.

In 2023, Ukraine 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, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Romania exported $1.55B to Ukraine. The main products exported from Romania to Ukraine were Refined Petroleum ($516M), Petroleum Gas ($282M), and Cars ($93.9M). During the last 5 years the exports of Romania to Ukraine have increased at an annualized rate of 21.3%, from $589M in 2018 to $1.55B in 2023.

In 2018, Ukraine exported $3.56B to Romania. The main products exported from Ukraine to Romania were Seed Oils ($958M), Corn ($574M), and Wheat ($416M). During the last 5 years the exports of Ukraine to Romania have increased at an annualized rate of 28.2%, from $1.03B in 2023 to $3.56B in 2018.

Exports from Romania () to Ukraine () (2023)

Exports from Ukraine () to Romania () (2023)

Latest Data

Trade between Romania () and Ukraine ()

Romania Exports

Date

Ukraine Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$19.9B

Ukraine
Top DestinationPoland$4.83B

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

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

In 2023, countries that imported more from Ukraine than Romania included Poland ($4.83B), China ($2.5B), and Lithuania ($619M).

Difference in imports from Ukraine () and Romania () (2023)

Comparative Advantage Romania - Ukraine

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Romania had a large net trade with Ukraine in the exports of Mineral Products ($833M), Transportation ($161M), and Machines ($124M).

During 2018, Ukraine had a large net trade with Romania in the exports of Vegetable Products ($1.27B), Animal and Vegetable Bi-Products ($1B), and Foodstuffs ($371M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Romania Ukraine+$67.1MRefined Petroleum

Top Product Potential Ukraine Romania+$54.3MCorn

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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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Romania () to Ukraine () (2023)

Exports from Ukraine () to Romania () (2023)

Latest Data

Trade between Romania () and Ukraine ()

Romania Exports

Ukraine Exports

Market Competitiveness

Difference in imports from Ukraine () and Romania () (2023)

Comparative Advantage Romania - Ukraine

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Romania () and Ukraine () (2023)

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