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2023
Flag → Flag
Exports $128MRnk 106 / 216
2023
Flag → Flag
Top Product $22.7MRefined Petroleum
2023
Flag → Flag
Exports $655MRnk 27 / 199
2023
Flag → Flag
Top Product $81MWheat
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
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Economic Complexity (ECI) ECI 1.02Rnk 28 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
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GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP$351BCURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP GROWTH84.8%CURRENT US$
Rnk 24 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
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GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
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GDP PC$18,404CURRENT US$
Rnk 66 / 196
2013-2023
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GDP PC GROWTH93.8%CURRENT US$
Rnk 11 / 195

About

United Arab Emirates-Romania Trade: In 2023, United Arab Emirates exported $128M to Romania. The main products that United Arab Emirates exported to Romania were Refined Petroleum ($22.7M), Perfumes ($17.9M), and Coated Flat-Rolled Iron ($15.4M). Over the past 5 years the exports of United Arab Emirates to Romania have increased at an annualized rate of 8.91%, from $83.6M in 2018 to $128M in 2023.

In 2023, United Arab Emirates did not export any services to Romania.

Romania-United Arab Emirates Trade: In 2023, Romania exported $655M to United Arab Emirates. The main products that Romania exported to United Arab Emirates were Wheat ($81M), Iron Pipes ($53.1M), and Forage Crops ($46.7M). Over the past 5 years the exports of Romania to United Arab Emirates have increased at an annualized rate of 4.39%,  from $529M in 2018 to $655M in 2023.

In 2023, Romania did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). 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
Value

In 2023, United Arab Emirates exported $128M to Romania. The main products exported from United Arab Emirates to Romania were Refined Petroleum ($22.7M), Perfumes ($17.9M), and Coated Flat-Rolled Iron ($15.4M). During the last 5 years the exports of United Arab Emirates to Romania have increased at an annualized rate of 8.91%, from $83.6M in 2018 to $128M in 2023.

In 2018, Romania exported $655M to United Arab Emirates. The main products exported from Romania to United Arab Emirates were Wheat ($81M), Iron Pipes ($53.1M), and Forage Crops ($46.7M). During the last 5 years the exports of Romania to United Arab Emirates have increased at an annualized rate of 4.39%, from $529M in 2023 to $655M in 2018.

Exports from United Arab Emirates (Flag) to Romania (Flag) (2023)

Exports from Romania (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Romania (Flag)

United Arab Emirates Exports

Romania Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Romania
Top DestinationGermany$19.9B

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

In 2023, countries that imported more from United Arab Emirates than Romania included China ($40.2B), India ($38.2B), and Japan ($37.4B).

In 2023, countries that imported more from Romania than United Arab Emirates included Germany ($19.9B), Italy ($10.2B), and Hungary ($4.22B).

Difference in imports from Romania (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Romania

Flow
Scale

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

During 2023, United Arab Emirates had a large net trade with Romania in the exports of Metals ($26.5M), Machines ($24.3M), and Mineral Products ($22.8M).

During 2018, Romania had a large net trade with United Arab Emirates in the exports of Machines ($191M), Vegetable Products ($151M), and Metals ($61.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Romania+$9.18MCars
Top Product Potential Romania United Arab Emirates+$34.5MRefined 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

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

Product Space of United Arab Emirates (Flag) and Romania (Flag) (2023)

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