Ethiopia (ETH) and Romania (ROU) Trade | The Observatory of Economic Complexity

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Ethiopia-Romania Trade: In 2022, Ethiopia exported $1.02M to Romania. The main products that Ethiopia exported to Romania were Dried Legumes ($564k), Scrap Plastic ($161k), and Polyacetals ($158k). Over the past 5 years the exports of Ethiopia to Romania have increased at an annualized rate of 7.46%, from $714k in 2017 to $1.02M in 2022.

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

Romania-Ethiopia Trade: In 2022, Romania exported $48.1M to Ethiopia. The main products that Romania exported to Ethiopia were Wheat ($44.9M), Electrical Transformers ($552k), and Plastic Lids ($468k). Over the past 5 years the exports of Romania to Ethiopia have decreased at an annualized rate of 6.32%, from $66.6M in 2017 to $48.1M in 2022.

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

Comparison: In 2022, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ethiopia exported $1.02M to Romania. The main products exported from Ethiopia to Romania were Dried Legumes ($564k), Scrap Plastic ($161k), and Polyacetals ($158k). During the last 5 years the exports of Ethiopia to Romania have increased at an annualized rate of 7.46%, from $714k in 2017 to $1.02M in 2022.

In 2017, Romania exported $48.1M to Ethiopia. The main products exported from Romania to Ethiopia were Wheat ($44.9M), Electrical Transformers ($552k), and Plastic Lids ($468k). During the last 5 years the exports of Romania to Ethiopia have decreased at an annualized rate of 6.32%, from $66.6M in 2022 to $48.1M in 2017.

Exports from Ethiopia () to Romania () (2022)

Exports from Romania () to Ethiopia () (2022)

Latest Data

Trade between Ethiopia () and Romania ()

Ethiopia Exports

Date

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ethiopia
Top DestinationUnited Arab Emirates$723M

Romania
Top DestinationGermany$18.8B

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

In 2022, countries that imported more from Ethiopia than Romania included Somalia ($265M), United Arab Emirates ($723M), and Djibouti ($86.8M).

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

Difference in imports from Romania () and Ethiopia () (2022)

Comparative Advantage Ethiopia - Romania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ethiopia had a large net trade with Romania in the exports of Vegetable Products ($626k), Plastics and Rubbers ($325k), and Machines ($14.4k).

During 2017, Romania had a large net trade with Ethiopia in the exports of Vegetable Products ($44.9M), Machines ($1.28M), and Plastics and Rubbers ($623k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ethiopia Romania+$251kDried Legumes

Top Product Potential Romania Ethiopia+$6.81MWheat

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Ethiopia () to Romania () (2022)

Exports from Romania () to Ethiopia () (2022)

Latest Data

Trade between Ethiopia () and Romania ()

Ethiopia Exports

Romania Exports

Market Competitiveness

Difference in imports from Romania () and Ethiopia () (2022)

Comparative Advantage Ethiopia - Romania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ethiopia () and Romania () (2022)

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