2022
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GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
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 GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
12.7%CURRENT US$
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2022
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GDP PC 
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
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2022
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GDP PC
$15,356CURRENT US$
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2012-2022
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GDP PC GROWTH
-0.33%CURRENT US$
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About

Romania-Chile Trade: In 2022, Romania exported $44.1M to Chile. The main products that Romania exported to Chile were Cars ($10.2M), Ball Bearings ($3.58M), and Plastic Pipes ($2.54M). Over the past 5 years the exports of Romania to Chile have decreased at an annualized rate of 3.57%, from $52.9M in 2017 to $44.1M in 2022.

In 2020, Romania exported services to Chile worth $3.77M, with Computer and information services ($1.94M), Transportation ($1.14M), and Other business services ($457k) being the largest in terms of value.

Chile-Romania Trade: In 2022, Chile exported $6.44M to Romania. The main products that Chile exported to Romania were Processed Crustaceans ($1.18M), Electrical Control Boards ($770k), and Other Nuts ($759k). Over the past 5 years the exports of Chile to Romania have decreased at an annualized rate of 1.35%,  from $6.89M in 2017 to $6.44M in 2022.

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

Comparison: In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). That same year, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $44.1M to Chile. The main products exported from Romania to Chile were Cars ($10.2M), Ball Bearings ($3.58M), and Plastic Pipes ($2.54M). During the last 5 years the exports of Romania to Chile have decreased at an annualized rate of 3.57%, from $52.9M in 2017 to $44.1M in 2022.

In 2017, Chile exported $6.44M to Romania. The main products exported from Chile to Romania were Processed Crustaceans ($1.18M), Electrical Control Boards ($770k), and Other Nuts ($759k). During the last 5 years the exports of Chile to Romania have decreased at an annualized rate of 1.35%, from $6.89M in 2022 to $6.44M in 2017.

Exports from Romania (Flag) to Chile (Flag) (2022)

Exports from Chile (Flag) to Romania (Flag) (2022)

Latest Data

Trade between Romania (Flag) and Chile (Flag)

Romania Exports

Chile Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Chile
Top Destination
China$38.5B

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

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

In 2022, countries that imported more from Chile than Romania included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

Difference in imports from Chile (Flag) and Romania (Flag) (2022)

Comparative Advantage Romania - Chile

Flow
Scale

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

During 2022, Romania had a large net trade with Chile in the exports of Machines ($13.8M), Transportation ($11.3M), and Metals ($4.92M).

During 2017, Chile had a large net trade with Romania in the exports of Vegetable Products ($2.81M), Foodstuffs ($1.99M), and Machines ($800k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Chile+$18.6MCars
Top Product Potential Chile Romania+N/AN/A

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 Romania and Chile. This means that a dot/product with the flag of Romania indicates it has a comparative advantage over Chile. Similarly, a dot/product with the flag of Chile indicates it has a comparative advantage over Romania.

Product Space of Romania (Flag) and Chile (Flag) (2022)

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