2023
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GDP
$514BCURRENT US$
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2013-2023
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GDP GROWTH
72.6%CURRENT US$
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2023
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 GDP
$351BCURRENT US$
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2013-2023
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GDP GROWTH
84.8%CURRENT US$
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2023
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GDP PC 
$52,642CURRENT US$
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2013-2023
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GDP PC GROWTH
42.5%CURRENT US$
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2023
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GDP PC
$18,404CURRENT US$
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2013-2023
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GDP PC GROWTH
93.8%CURRENT US$
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About

Israel-Romania Trade: In 2023, Israel exported $390M to Romania. The main products that Israel exported to Romania were N/A. Over the past 5 years the exports of Israel to Romania have increased at an annualized rate of 18.7%, from $166M in 2018 to $390M in 2023.

In 2012, Israel exported services to Romania worth $67.6M, with Computer and information services ($67.6M) being the largest in terms of value.

Romania-Israel Trade: In 2023, Romania exported $518M to Israel. The main products that Romania exported to Israel were Bovine ($55.5M), Other Vegetable Residues ($46.4M), and Dried Vegetables ($30.7M). Over the past 5 years the exports of Romania to Israel have increased at an annualized rate of 1.89%,  from $430M in 2018 to $518M in 2023.

In 2011, Romania exported services to Israel worth $161M, with Services not allocated ($79.7M), Travel ($44M), and Other business services ($22M) being the largest in terms of value.

Comparison: In 2023,  Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). 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, Israel exported $390M to Romania. There were not main exports from Israel to Romania in 2023. During the last 5 years the exports of Israel to Romania have increased at an annualized rate of 18.7%, from $166M in 2018 to $390M in 2023.

In 2018, Romania exported $518M to Israel. The main products exported from Romania to Israel were Bovine ($55.5M), Other Vegetable Residues ($46.4M), and Dried Vegetables ($30.7M). During the last 5 years the exports of Romania to Israel have increased at an annualized rate of 1.89%, from $430M in 2023 to $518M in 2018.

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

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

Latest Data

Trade between Israel (Flag) and Romania (Flag)

Israel Exports

Romania Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Romania
Top Destination
Germany$19.9B

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

In 2023, countries that imported more from Israel than Romania included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

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

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

Comparative Advantage Israel - Romania

Flow
Scale

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

During 2023, Israel had a large net trade with Romania in the exports of Mineral Products ($181M), Machines ($62.1M), and Chemical Products ($49.2M).

During 2018, Romania had a large net trade with Israel in the exports of Machines ($86.2M), Transportation ($69.4M), and Foodstuffs ($68M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Romania+$17.1MRefined Petroleum
Top Product Potential Romania Israel+$31.8MCars

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

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

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

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