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2023
Flag → Flag
Exports $364MRnk 70 / 221
2023
Flag → Flag
Top Product $130MSoybean Meal
2023
Flag → Flag
Exports $364MRnk 40 / 199
2023
Flag → Flag
Top Product $87.2MMotor vehicles; parts and accessories (8701 to 8705)
2023
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Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
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Economic Complexity (ECI) ECI 1.02Rnk 28 / 132
2023
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GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
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GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
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 GDP$351BCURRENT US$
Rnk 43 / 195
2013-2023
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GDP GROWTH84.8%CURRENT US$
Rnk 24 / 195
2023
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GDP PC $10,295CURRENT US$
Rnk 89 / 195
2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 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

Brazil-Romania Trade: In 2023, Brazil exported $364M to Romania. The main products that Brazil exported to Romania were Soybean Meal ($130M), Raw Sugar ($97.3M), and Raw Tobacco ($29.9M). Over the past 5 years the exports of Brazil to Romania have decreased at an annualized rate of 3.96%, from $445M in 2018 to $364M in 2023.

In 2023, Brazil did not export any services to Romania.

Romania-Brazil Trade: In 2023, Romania exported $364M to Brazil. The main products that Romania exported to Brazil were Motor vehicles; parts and accessories (8701 to 8705) ($87.2M), Engine Parts ($22.6M), and Thermostats ($21.8M). Over the past 5 years the exports of Romania to Brazil have increased at an annualized rate of 1.83%,  from $333M in 2018 to $364M in 2023.

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 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). That same year, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B).

Latest Trends

December, 2024

About

Overview In December 2024, Brazil exported $11.9M and imported $32.7M from Romania, resulting in a negative trade balance of $20.9M. Between December 2023 and December 2024 the exports of Brazil have decreased by $-85.4M (-87.8%) from $97.2M to $11.9M, while imports increased by $11.3M (52.5%) from $21.5M to $32.7M.

Trade In December 2024, the top exports of Brazil to Romania were Large Construction Vehicles ($1.23M), Raw Tobacco ($1.23M), Iron Pipes ($819k), Animal Organs ($410k), and Narrow Woven Fabric ($385k). In December 2024 the top imports of Brazil from Romania were Motor vehicles; parts and accessories (8701... ($7.16M), Engine Parts ($1.98M), Thermostats ($1.48M), Electrical Lighting and Signalling Equipment ($1.16M), and Insulated Wire ($1.06M).

Origins In December 2024 the exports of Brazil were mainly from São Paulo ($7.83M), Espírito Santo ($1.17M), Santa Catarina ($777k), Paraná ($725k), and Rio Grande do Sul ($481k), while imports destinations were mainly Paraná ($11.6M), São Paulo ($9.28M), Maranhão ($5.21M), Santa Catarina ($2.16M), and Rio de Janeiro ($1.56M).

Growth In December 2024, the decrease in Brazil's year-by-year exports to Romania was explained primarily by an decrease in product exports in Raw Tobacco ($-1.17M or -48.8%), Coffee ($-351k or -55%), and Coffee and Tea Extracts ($-196k or -66%). In December 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... ($1.68M or 30.8%), Seats ($533k or 136%), and Engine Parts ($531k or 36.8%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$-85.4M(-87.8%)
IMPORT GROWTH (December 2023 - December 2024)$11.3M(52.5%)
MAIN EXPORTER (December 2024)São Paulo$7.83M

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.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $364M to Romania. The main products exported from Brazil to Romania were Soybean Meal ($130M), Raw Sugar ($97.3M), and Raw Tobacco ($29.9M). During the last 5 years the exports of Brazil to Romania have decreased at an annualized rate of 3.96%, from $445M in 2018 to $364M in 2023.

In 2018, Romania exported $364M to Brazil. The main products exported from Romania to Brazil were Motor vehicles; parts and accessories (8701 to 8705) ($87.2M), Engine Parts ($22.6M), and Thermostats ($21.8M). During the last 5 years the exports of Romania to Brazil have increased at an annualized rate of 1.83%, from $333M in 2023 to $364M in 2018.

Exports from Brazil (Flag) to Romania (Flag) (2023)

Exports from Romania (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Romania
Top DestinationGermany$19.9B

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 2023, countries that imported more from Brazil than Romania included China ($106B), United States ($37B), and Argentina ($17.2B).

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

Difference in imports from Romania (Flag) and Brazil (Flag) (2023)

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 2023, Brazil had a large net trade with Romania in the exports of Foodstuffs ($264M), Mineral Products ($26.8M), and Paper Goods ($26.2M).

During 2018, Romania had a large net trade with Brazil in the exports of Machines ($172M), Transportation ($88.9M), and Instruments ($35.5M).

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.

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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) (2023)

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