Flag Thailand / Romania Flag

2021
FlagFlag
Exports
: $247M, Rnk 62 / 217

2021
FlagFlag
Top Product
: $33.8M, Rubber

2021
FlagFlag
Exports
: $110M, Rnk 58 / 197

2021
FlagFlag
Top Product
: $32.3M, Wheat

2021
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Economic Complexity (ECI)
: ECI 0.97, Rnk 29 / 131

2021
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Economic Complexity (ECI)
: ECI 1.07, Rnk 26 / 131

2021
Flag  
GDP
: $506B, CURRENT US$
Rnk 24 / 182

2011-2021
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GDP GROWTH
: 36.4%, CURRENT US$
Rnk 76 / 182

2021
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 GDP
: $284B, CURRENT US$
Rnk 44 / 182

2011-2021
Flag
GDP GROWTH
: 55%, CURRENT US$
Rnk 47 / 182

2021
Flag
GDP PC 
: $7,233, CURRENT US$
Rnk 84 / 182

2011-2021
Flag
GDP PC GROWTH
: 31.7%, CURRENT US$
Rnk 57 / 182

2021
Flag
GDP PC
: $14,862, CURRENT US$
Rnk 55 / 182

2011-2021
Flag
GDP PC GROWTH
: 63.3%, CURRENT US$
Rnk 16 / 182

Thailand-Romania In 2021, Thailand exported $247M to Romania. The main products that Thailand exported to Romania are Rubber ($33.8M), Printed Circuit Boards ($33.2M), and Gas and Liquid Flow Measuring Instruments ($24M). During the last 26 years the exports of Thailand to Romania have increased at an annualized rate of 10.2%, from $19.7M in 1995 to $247M in 2021.

In 2021, Thailand did not export any services to Romania.

Romania-Thailand In 2021, Romania exported $110M to Thailand. The main products that Romania exported to Thailand were Wheat ($32.3M), Other Animals ($9.54M), and Iron Powder ($5.75M). During the last 26 years the exports of Romania to Thailand have increased at an annualized rate of 3.06%, from $50.2M in 1995 to $110M in 2021.

In 2020, Romania exported services to Thailand worth $9.37M, with Computer and information services ($3.77M), Other business services ($3.08M), and Transportation ($1.6M) being the largest in terms of value.

Comparison In 2021,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.97), and 25 in total exports ($285B). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.07), and 42 in total exports ($90.8B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Thailand exported $247M to Romania. The main products exported from Thailand to Romania were Rubber ($33.8M), Printed Circuit Boards ($33.2M), and Gas and Liquid Flow Measuring Instruments ($24M). During the last 26 years the exports of Thailand to Romania have increased at an annualized rate of 10.2%, from $19.7M in 1995 to $247M in 2021.

In 2021, Romania exported $110M to Thailand. The main products exported from Romania to Thailand were Wheat ($32.3M), Other Animals ($9.54M), and Iron Powder ($5.75M). During the last 26 years the exports of Romania to Thailand have increased at an annualized rate of 3.06%, from $50.2M in 1995 to $110M in 2021.

Thailand Exports

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Romania Exports

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Market Competitiveness

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Color

Thailand
Top Destination
: United States, $45.3B

Romania
Top Destination
: Germany, $17.7B

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

In 2021, countries that imported more from Thailand than Romania were United States ($45.3B), China ($37.7B), and Japan ($25.1B).

In 2021, countries that imported more from Romania than Thailand were Germany ($17.7B), Italy ($8.85B), and Hungary ($4.51B).

Comparative Advantage Thailand - Romania

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Flow
Scale

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

During 2021, Thailand had a large net trade with Romania in the exports of Machines ($118M), Plastics and Rubbers ($63.2M), and Instruments ($26.6M).

During 2021, Romania had a large net trade with Thailand in the exports of Vegetable Products ($34.1M), Machines ($21.6M), and Metals ($17.1M).

Bilateral Service Trade

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In 2020, Romania exported services to Thailand worth $9.37M, with Computer and information services ($3.77M), Other business services ($3.08M), and Transportation ($1.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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