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2023
Flag → Flag
Exports $181MRnk 81 / 213
2023
Flag → Flag
Top Product $46.2MRubber Tires
2023
Flag → Flag
Exports $61.3MRnk 75 / 199
2023
Flag → Flag
Top Product $11.5MOther Heating Machinery
2023
Flag
Economic Complexity (ECI) ECI -0.085Rnk 65 / 132
2023
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Economic Complexity (ECI) ECI 1.02Rnk 28 / 132
2023
Flag  
GDP$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
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GDP GROWTH50.3%CURRENT US$
Rnk 75 / 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 $4,876CURRENT US$
Rnk 123 / 195
2013-2023
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GDP PC GROWTH36.7%CURRENT US$
Rnk 66 / 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

Indonesia-Romania Trade: In 2023, Indonesia exported $181M to Romania. The main products that Indonesia exported to Romania were Rubber Tires ($46.2M), Rubber ($29.7M), and Electric Heaters ($19.1M). Over the past 5 years the exports of Indonesia to Romania have increased at an annualized rate of 6.47%, from $132M in 2018 to $181M in 2023.

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

Romania-Indonesia Trade: In 2023, Romania exported $61.3M to Indonesia. The main products that Romania exported to Indonesia were Other Heating Machinery ($11.5M), Ball Bearings ($3.66M), and Iron Pipes ($3.32M). Over the past 5 years the exports of Romania to Indonesia have increased at an annualized rate of 8.25%,  from $41.2M in 2018 to $61.3M in 2023.

In 2020, Romania exported services to Indonesia worth $4M, with Computer and information services ($2.63M), Other business services ($685k), and Transportation ($457k) being the largest in terms of value.

Comparison: In 2023,  Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B). 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, Indonesia exported $181M to Romania. The main products exported from Indonesia to Romania were Rubber Tires ($46.2M), Rubber ($29.7M), and Electric Heaters ($19.1M). During the last 5 years the exports of Indonesia to Romania have increased at an annualized rate of 6.47%, from $132M in 2018 to $181M in 2023.

In 2018, Romania exported $61.3M to Indonesia. The main products exported from Romania to Indonesia were Other Heating Machinery ($11.5M), Ball Bearings ($3.66M), and Iron Pipes ($3.32M). During the last 5 years the exports of Romania to Indonesia have increased at an annualized rate of 8.25%, from $41.2M in 2023 to $61.3M in 2018.

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

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

Latest Data

Trade between Indonesia (Flag) and Romania (Flag)

Indonesia Exports

Romania Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$70.7B
Romania
Top DestinationGermany$19.9B

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

In 2023, countries that imported more from Indonesia than Romania included China ($70.7B), United States ($27.9B), and India ($24B).

In 2023, countries that imported more from Romania than Indonesia included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

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

Comparative Advantage Indonesia - Romania

Flow
Scale

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

During 2023, Indonesia had a large net trade with Romania in the exports of Plastics and Rubbers ($78.8M), Machines ($32.4M), and Animal and Vegetable Bi-Products ($16.9M).

During 2018, Romania had a large net trade with Indonesia in the exports of Machines ($34.9M), Metals ($11.6M), and Instruments ($3.32M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Romania+$12.7MRubber Tires
Top Product Potential Romania Indonesia+$4.67MIron Pipes

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 Indonesia worth $4M, with Computer and information services ($2.63M), Other business services ($685k), and Transportation ($457k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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