Flag Ukraine / Romania Flag

2021
FlagFlag
Exports
: $1.53B, Rnk 13 / 196

2021
FlagFlag
Top Product
: $225M, Insulated Wire

2021
FlagFlag
Exports
: $856M, Rnk 23 / 197

2021
FlagFlag
Top Product
: $110M, Cars

2021
Flag
Economic Complexity (ECI)
: ECI 0.49, Rnk 44 / 131

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

2021
Flag  
GDP
: $200B, CURRENT US$
Rnk 51 / 182

2011-2021
Flag
GDP GROWTH
: 18.2%, CURRENT US$
Rnk 111 / 182

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

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

2021
Flag
GDP PC 
: $4,836, CURRENT US$
Rnk 103 / 182

2011-2021
Flag
GDP PC GROWTH
: 30.5%, CURRENT US$
Rnk 58 / 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

Ukraine-Romania In 2021, Ukraine exported $1.53B to Romania. The main products that Ukraine exported to Romania are Insulated Wire ($225M), Iron Ore ($192M), and Nitrogenous Fertilizers ($71.4M). During the last 26 years the exports of Ukraine to Romania have increased at an annualized rate of 8.69%, from $176M in 1995 to $1.53B in 2021.

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

Romania-Ukraine In 2021, Romania exported $856M to Ukraine. The main products that Romania exported to Ukraine were Cars ($110M), Insulated Wire ($73M), and Planes, Helicopters, and/or Spacecraft ($46.5M). During the last 26 years the exports of Romania to Ukraine have increased at an annualized rate of 7.29%, from $137M in 1995 to $856M in 2021.

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

Comparison In 2021,  Ukraine ranked 44 in the Economic Complexity Index (ECI 0.49), and 47 in total exports ($69.1B). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.07), and 42 in total exports ($90.8B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2021, Ukraine exported $1.53B to Romania. The main products exported from Ukraine to Romania were Insulated Wire ($225M), Iron Ore ($192M), and Nitrogenous Fertilizers ($71.4M). During the last 26 years the exports of Ukraine to Romania have increased at an annualized rate of 8.69%, from $176M in 1995 to $1.53B in 2021.

In 2021, Romania exported $856M to Ukraine. The main products exported from Romania to Ukraine were Cars ($110M), Insulated Wire ($73M), and Planes, Helicopters, and/or Spacecraft ($46.5M). During the last 26 years the exports of Romania to Ukraine have increased at an annualized rate of 7.29%, from $137M in 1995 to $856M in 2021.

Ukraine Exports

#permalink to section

Romania Exports

#permalink to section

Market Competitiveness

#permalink to section
Color

Ukraine
Top Destination
: China, $8.09B

Romania
Top Destination
: Germany, $17.7B

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 2021, countries that imported more from Ukraine than Romania were China ($8.09B), Russia ($3.61B), and India ($2.51B).

In 2021, countries that imported more from Romania than Ukraine were Germany ($17.7B), Italy ($8.85B), and France ($5.5B).

Comparative Advantage Ukraine - Romania

#permalink to section
Flow
Scale

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

During 2021, Ukraine had a large net trade with Romania in the exports of Mineral Products ($337M), Metals ($298M), and Machines ($264M).

During 2021, Romania had a large net trade with Ukraine in the exports of Machines ($222M), Transportation ($171M), and Chemical Products ($82.4M).

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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