Sign In
Pricing

2022
Flag → Flag
Exports $414MRnk 65 / 223
2022
Flag → Flag
Top Product $155MSoybean Meal
2022
Flag → Flag
Exports $293MRnk 45 / 196
2022
Flag → Flag
Top Product $73.3MMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.03Rnk 26 / 133
2022
Flag  
GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP GROWTH68.2%CURRENT US$
Rnk 30 / 186
2022
Flag
GDP PC $8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC$15,892CURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP PC GROWTH77.9%CURRENT US$
Rnk 16 / 186

About

Brazil-Romania Trade: In 2022, Brazil exported $414M to Romania. The main products that Brazil exported to Romania were Soybean Meal ($155M), Soybeans ($84.2M), and Raw Sugar ($59.7M). Over the past 5 years the exports of Brazil to Romania have increased at an annualized rate of 5.79%, from $312M in 2017 to $414M in 2022.

In 2022, Brazil did not export any services to Romania.

Romania-Brazil Trade: In 2022, Romania exported $293M to Brazil. The main products that Romania exported to Brazil were Motor vehicles; parts and accessories (8701 to 8705) ($73.3M), Thermostats ($15.7M), and Ball Bearings ($14.6M). Over the past 5 years the exports of Romania to Brazil have increased at an annualized rate of 0.36%,  from $287M in 2017 to $293M in 2022.

In 2020, Romania exported services to Brazil worth $12.2M, with Computer and information services ($7.31M), Transportation ($2.86M), and Other business services ($1.14M) being the largest in terms of value.

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Latest Trends

July, 2024

About

Overview In July 2024, Brazil exported $10.6M and imported $37.1M from Romania, resulting in a negative trade balance of $26.5M. Between July 2023 and July 2024 the exports of Brazil have decreased by $-14M (-57%) from $24.6M to $10.6M, while imports increased by $9.81M (35.9%) from $27.3M to $37.1M.

Trade In July 2024, the top exports of Brazil to Romania were Raw Tobacco ($2.4M), Coffee ($638k), Animal Organs ($573k), Narrow Woven Fabric ($371k), and Leather Footwear ($350k). In July 2024 the top imports of Brazil from Romania were Motor vehicles; parts and accessories (8701... ($5.47M), Thermostats ($2.02M), Telephones ($1.71M), Fork-Lifts ($1.65M), and Ball Bearings ($1.52M).

Origins In July 2024 the exports of Brazil were mainly from São Paulo ($4.03M), Rio Grande do Sul ($2.37M), Minas Gerais ($1.52M), Paraná ($969k), and Santa Catarina ($685k), while imports destinations were mainly Paraná ($19.2M), São Paulo ($11.3M), Santa Catarina ($2.65M), Rio de Janeiro ($1.2M), and Pernambuco ($890k).

Growth In July 2024, the decrease in Brazil's year-by-year exports to Romania was explained primarily by an decrease in product exports in Raw Tobacco ($-4M or -62.5%), Narrow Woven Fabric ($-276k or -42.6%), and Coffee and Tea Extracts ($-174k or -37%). In July 2024, the increase in Brazil's year-by-year imports  from Romania was explained primarily by an increase in product imports  in Motor vehicles; parts and accessories (8701... ($2.17M or 65.6%), Engine Parts ($1.27M or 734%), and Fork-Lifts ($1.08M or 191%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$-14M(-57%)
IMPORT GROWTH (July 2023 - July 2024)$9.81M(35.9%)
MAIN EXPORTER (July 2024)São Paulo$4.03M

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Romania and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Romania and Brazil Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $414M to Romania. The main products exported from Brazil to Romania were Soybean Meal ($155M), Soybeans ($84.2M), and Raw Sugar ($59.7M). During the last 5 years the exports of Brazil to Romania have increased at an annualized rate of 5.79%, from $312M in 2017 to $414M in 2022.

In 2017, Romania exported $293M to Brazil. The main products exported from Romania to Brazil were Motor vehicles; parts and accessories (8701 to 8705) ($73.3M), Thermostats ($15.7M), and Ball Bearings ($14.6M). During the last 5 years the exports of Romania to Brazil have increased at an annualized rate of 0.36%, from $287M in 2022 to $293M in 2017.

Exports from Brazil (Flag) to Romania (Flag) (2022)

Exports from Romania (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
Romania
Top DestinationGermany$18.8B

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

In 2022, countries that imported more from Brazil than Romania included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Romania than Brazil included Germany ($18.8B), Hungary ($6.75B), and Italy ($9.55B).

Difference in imports from Romania (Flag) and Brazil (Flag) (2022)

Comparative Advantage Brazil - Romania

Flow
Scale

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

During 2022, Brazil had a large net trade with Romania in the exports of Foodstuffs ($243M), Vegetable Products ($96.7M), and Mineral Products ($29.5M).

During 2017, Romania had a large net trade with Brazil in the exports of Machines ($128M), Transportation ($74.9M), and Instruments ($27M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Romania+$37.9MSoybeans
Top Product Potential Romania Brazil+$68.9MMotor vehicles; parts and accessories (8701 to 8705)

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

In 2020, Romania exported services to Brazil worth $12.2M, with Computer and information services ($7.31M), Transportation ($2.86M), and Other business services ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania (Flag) to Brazil (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Brazil (Flag) and Romania (Flag) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms