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2022
Flag → Flag
Exports $2.93BRnk 10 / 196
2022
Flag → Flag
Top Product $336MSteel Ingots
2022
Flag → Flag
Exports $1.27BRnk 73 / 219
2022
Flag → Flag
Top Product $123MNavigation Equipment
2022
Flag
Economic Complexity (ECI) ECI 1.03Rnk 26 / 133
2022
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Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP GROWTH68.2%CURRENT US$
Rnk 30 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC $15,892CURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP PC GROWTH77.9%CURRENT US$
Rnk 16 / 186
2022
Flag
GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Romania-United States Trade: In 2022, Romania exported $2.93B to United States. The main products that Romania exported to United States were Steel Ingots ($336M), Rubber Tires ($219M), and Iron Pipes ($172M). Over the past 5 years the exports of Romania to United States have increased at an annualized rate of 13%, from $1.59B in 2017 to $2.93B in 2022.

In 2020, Romania exported services to United States worth $1.52B, with Computer and information services ($829M), Other business services ($394M), and Travel ($129M) being the largest in terms of value.

United States-Romania Trade: In 2022, United States exported $1.27B to Romania. The main products that United States exported to Romania were Navigation Equipment ($123M), Explosive Ammunition ($105M), and Broadcasting Equipment ($73.3M). Over the past 5 years the exports of United States to Romania have increased at an annualized rate of 0.4%,  from $1.24B in 2017 to $1.27B in 2022.

In 2017, United States exported services to Romania worth $745M, with Travel ($287M), Other business services ($118M), and Royalties and license fees ($106M) 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $2.93B to United States. The main products exported from Romania to United States were Steel Ingots ($336M), Rubber Tires ($219M), and Iron Pipes ($172M). During the last 5 years the exports of Romania to United States have increased at an annualized rate of 13%, from $1.59B in 2017 to $2.93B in 2022.

In 2017, United States exported $1.27B to Romania. The main products exported from United States to Romania were Navigation Equipment ($123M), Explosive Ammunition ($105M), and Broadcasting Equipment ($73.3M). During the last 5 years the exports of United States to Romania have increased at an annualized rate of 0.4%, from $1.24B in 2022 to $1.27B in 2017.

Exports from Romania (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Romania (Flag) (2022)

Latest Data

Trade between Romania (Flag) and United States (Flag)

Romania Exports

United States Exports

Market Competitiveness

Color
Romania
Top DestinationGermany$18.8B
United States
Top DestinationCanada$308B

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

In 2022, countries that imported more from Romania than United States included Hungary ($6.75B), Bulgaria ($3.9B), and Moldova ($2.14B).

In 2022, countries that imported more from United States than Romania included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Romania (Flag) (2022)

Comparative Advantage Romania - United States

Flow
Scale

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

During 2022, Romania had a large net trade with United States in the exports of Machines ($1.05B), Metals ($654M), and Plastics and Rubbers ($288M).

During 2017, United States had a large net trade with Romania in the exports of Machines ($554M), Instruments ($130M), and Transportation ($109M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania United States+$252MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential United States Romania+$49.7MIntegrated Circuits

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

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

Product Space of Romania (Flag) and United States (Flag) (2022)

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