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

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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.

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.

Comparison: In 2023, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B). 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, 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 2018 to $3.56B in 2023.

In 2018, 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 2023 to $1.55B in 2018.

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

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

Latest Data

Trade between Ukraine () and Romania ()

Ukraine Exports

Date

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ukraine
Top DestinationPoland$4.83B

Romania
Top DestinationGermany$19.9B

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

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

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

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

Comparative Advantage Ukraine - Romania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, 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).

During 2018, Romania had a large net trade with Ukraine in the exports of Mineral Products ($833M), Transportation ($161M), and Machines ($124M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ukraine Romania+$54.3MCorn

Top Product Potential Romania Ukraine+$67.1MRefined Petroleum

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Ukraine () and Romania ()

Ukraine Exports

Romania Exports

Market Competitiveness

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

Comparative Advantage Ukraine - Romania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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