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2023
Flag → Flag
Exports $7.45BRnk 62 / 208
2023
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Top Product $359MBroadcasting Equipment
2023
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Exports $1.88BRnk 16 / 199
2023
Flag → Flag
Top Product $156MMotor vehicles; parts and accessories (8701 to 8705)
2023
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Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
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Economic Complexity (ECI) ECI 1.02Rnk 28 / 132
2023
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GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
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GDP GROWTH85.9%CURRENT US$
Rnk 22 / 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 $12,614CURRENT US$
Rnk 80 / 195
2013-2023
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GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 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

China-Romania Trade: In 2023, China exported $7.45B to Romania. The main products that China exported to Romania were Broadcasting Equipment ($359M), Printed Circuit Boards ($295M), and Computers ($214M). Over the past 5 years the exports of China to Romania have increased at an annualized rate of 6.65%, from $5.4B in 2018 to $7.45B in 2023.

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

Romania-China In N/A, Romania did not export any products to China.

In 2020, Romania exported services to China worth $84M, with Transportation ($38.9M), Other business services ($20.3M), and Computer and information services ($16.6M) being the largest in terms of value.

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). 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, China exported $864M and imported $298M from Romania, resulting in a positive trade balance of $566M. Between December 2023 and December 2024 the exports of China have increased by $209M (31.8%) from $656M to $864M, while imports increased by $50.8M (20.5%) from $248M to $298M.

Trade In December 2024, the top exports of China to Romania were Telephones ($30.3M), Air Pumps ($29.2M), Other toys ($25.7M), Light Fixtures ($21.3M), and Motor vehicles; parts and accessories (8701... ($18.4M). In December 2024 the top imports of China from Romania were Electrical Control Boards ($29.7M), Motor vehicles; parts and accessories (8701... ($23.3M), Non-Knit Men's Coats ($14.7M), Thermostats ($8.72M), and Non-Knit Women's Coats ($7.95M).

Origins In December 2024 the exports of China were mainly from Guangdong Province ($199M), Zhejiang Province ($180M), Jiangsu Province ($151M), Shandong Province ($49.9M), and Hunan Province ($42.3M), while imports destinations were mainly Beijing ($92.9M), Shanghai Province ($74.6M), Liaoning Province ($27.8M), Jilin Province ($25.6M), and Guangdong Province ($17.1M).

Growth In December 2024, the increase in China's year-by-year exports to Romania was explained primarily by an increase in product exports in Telephones ($11.9M or 64.6%), Motor-working Tools ($10.6M or 159%), and Computers ($8.98M or 142%). In December 2024, the increase in China's year-by-year imports  from Romania was explained primarily by an increase in product imports  in Non-Knit Men's Coats ($6.37M or 77%), Electrical Control Boards ($5.65M or 23.5%), and Other Electrical Machinery ($4.17M or 161%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$209M(31.8%)
IMPORT GROWTH (December 2023 - December 2024)$50.8M(20.5%)
MAIN EXPORTER (December 2024)Guangdong Province$199M

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

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

For full datasets download visit Bulk Download page.

Explore Romania and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $7.45B to Romania. The main products exported from China to Romania were Broadcasting Equipment ($359M), Printed Circuit Boards ($295M), and Computers ($214M). During the last 5 years the exports of China to Romania have increased at an annualized rate of 6.65%, from $5.4B in 2018 to $7.45B in 2023.

Romania does not register exports to China. The main products exported from Romania to China were Motor vehicles; parts and accessories (8701 to 8705) ($156M), Ball Bearings ($137M), and Non-Knit Men's Coats ($103M).

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

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

Market Competitiveness

Color
China
Top DestinationUnited States$436B
Romania
Top DestinationGermany$19.9B

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

In 2023, countries that imported more from China than Romania included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, countries that imported more from Romania than China included Bulgaria ($4.03B), Moldova ($1.41B), and Gibraltar ($140M).

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

Comparative Advantage China - Romania

Flow
Scale

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

During 2023, China had a large net trade with Romania in the exports of Machines ($3.86B), Metals ($736M), and Miscellaneous ($452M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Romania+$297MTelephones
Top Product Potential Romania China+$158MMotor 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 China worth $84M, with Transportation ($38.9M), Other business services ($20.3M), and Computer and information services ($16.6M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of China (Flag) and Romania (Flag) (2023)

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