Romania-Armenia Trade: In 2023, Romania exported $30.6M to Armenia. The main products that Romania exported to Armenia were Refined Petroleum ($5.05M), Non-Knit Men's Suits ($1.86M), and Soybean Meal ($1.68M). Over the past 5 years the exports of Romania to Armenia have increased at an annualized rate of 7.17%, from $21.7M in 2018 to $30.6M in 2023.
In 2023, Romania did not export any services to Armenia.
Armenia-Romania Trade: In 2023, Armenia exported $6.64M to Romania. The main products that Armenia exported to Romania were Plastic Pipes ($5.61M), Plastic Building Materials ($321k), and Hard Liquor ($226k). Over the past 5 years the exports of Armenia to Romania have decreased at an annualized rate of 34.5%, from $55M in 2018 to $6.64M in 2023.
In 2023, Armenia did not export any services to Romania.
Comparison: In 2023, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B). That same year, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B).