Saudi Arabia (SAU) and Romania (ROU) Trade | The Observatory of Economic Complexity

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Saudi Arabia-Romania Trade: In 2023, Saudi Arabia exported $241M to Romania. The main products that Saudi Arabia exported to Romania were Refined Petroleum ($157M), Crude Petroleum ($28.4M), and Propylene Polymers ($16.1M). Over the past 5 years the exports of Saudi Arabia to Romania have increased at an annualized rate of 53.5%, from $28.3M in 2018 to $241M in 2023.

In 2023, Saudi Arabia did not export any services to Romania.

Romania-Saudi Arabia Trade: In 2023, Romania exported $1.06B to Saudi Arabia. The main products that Romania exported to Saudi Arabia were Wheat ($663M), Valves ($81.9M), and Sheep and Goats ($77.2M). Over the past 5 years the exports of Romania to Saudi Arabia have increased at an annualized rate of 17.3%, from $477M in 2018 to $1.06B in 2023.

In 2023, Romania did not export any services to Saudi Arabia.

Comparison: In 2023, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). That same year, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Saudi Arabia exported $241M to Romania. The main products exported from Saudi Arabia to Romania were Refined Petroleum ($157M), Crude Petroleum ($28.4M), and Propylene Polymers ($16.1M). During the last 5 years the exports of Saudi Arabia to Romania have increased at an annualized rate of 53.5%, from $28.3M in 2018 to $241M in 2023.

In 2018, Romania exported $1.06B to Saudi Arabia. The main products exported from Romania to Saudi Arabia were Wheat ($663M), Valves ($81.9M), and Sheep and Goats ($77.2M). During the last 5 years the exports of Romania to Saudi Arabia have increased at an annualized rate of 17.3%, from $477M in 2023 to $1.06B in 2018.

Exports from Saudi Arabia () to Romania () (2023)

Exports from Romania () to Saudi Arabia () (2023)

Latest Data

Trade between Saudi Arabia () and Romania ()

Saudi Arabia Exports

Date

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saudi Arabia
Top DestinationChina$64.4B

Romania
Top DestinationGermany$19.9B

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

In 2023, countries that imported more from Saudi Arabia than Romania included China ($64.4B), India ($34.8B), and Japan ($34.7B).

In 2023, countries that imported more from Romania than Saudi Arabia included Germany ($19.9B), Hungary ($4.22B), and Bulgaria ($4.03B).

Difference in imports from Romania () and Saudi Arabia () (2023)

Comparative Advantage Saudi Arabia - Romania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Saudi Arabia had a large net trade with Romania in the exports of Mineral Products ($185M), Plastics and Rubbers ($28.1M), and Chemical Products ($12.4M).

During 2018, Romania had a large net trade with Saudi Arabia in the exports of Vegetable Products ($676M), Machines ($149M), and Animal Products ($79.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Saudi Arabia Romania+$10.4MNitrogenous Fertilizers

Top Product Potential Romania Saudi Arabia+$27.2MCars

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 Saudi Arabia and Romania. This means that a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Romania. Similarly, a dot/product with the flag of Romania indicates it has a comparative advantage over Saudi Arabia.

About

Historical Data

Bilateral Trade by Products

Exports from Saudi Arabia () to Romania () (2023)

Exports from Romania () to Saudi Arabia () (2023)

Latest Data

Trade between Saudi Arabia () and Romania ()

Saudi Arabia Exports

Romania Exports

Market Competitiveness

Difference in imports from Romania () and Saudi Arabia () (2023)

Comparative Advantage Saudi Arabia - Romania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Saudi Arabia () and Romania () (2023)

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