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Pricing

2022
Flag → Flag
Exports $4.91MRnk 116 / 196
2022
Flag → Flag
Top Product $2MPoultry Meat
2022
Flag → Flag
Exports $15.2kRnk 78 / 109
2022
Flag → Flag
Top Product $9.45kLiquid Pumps
2022
Flag
Economic Complexity (ECI) ECI 1.03Rnk 26 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.42Rnk 124 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP GROWTH68.2%CURRENT US$
Rnk 30 / 186
2022
Flag
 GDP$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH-17.4%CURRENT US$
Rnk 178 / 186
2022
Flag
GDP PC $15,892CURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP PC GROWTH77.9%CURRENT US$
Rnk 16 / 186
2022
Flag
GDP PC$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH-34.8%CURRENT US$
Rnk 180 / 186

About

Romania-Republic of the Congo Trade: In 2022, Romania exported $4.91M to Republic of the Congo. The main products that Romania exported to Republic of the Congo were Poultry Meat ($2M), Iron Pipes ($797k), and Valves ($619k). Over the past 5 years the exports of Romania to Republic of the Congo have decreased at an annualized rate of 4.39%, from $6.15M in 2017 to $4.91M in 2022.

In 2022, Romania did not export any services to Republic of the Congo.

Republic of the Congo-Romania Trade: In 2022, Republic of the Congo exported $15.2k to Romania. The main products that Republic of the Congo exported to Romania were Liquid Pumps ($9.45k), Machinery Having Individual Functions ($2.19k), and Metalworking Machine Parts ($1.86k). Over the past 5 years the exports of Republic of the Congo to Romania have decreased at an annualized rate of 59.4%,  from $1.37M in 2017 to $15.2k in 2022.

In 2022, Republic of the Congo 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, Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $4.91M to Republic of the Congo. The main products exported from Romania to Republic of the Congo were Poultry Meat ($2M), Iron Pipes ($797k), and Valves ($619k). During the last 5 years the exports of Romania to Republic of the Congo have decreased at an annualized rate of 4.39%, from $6.15M in 2017 to $4.91M in 2022.

In 2017, Republic of the Congo exported $15.2k to Romania. The main products exported from Republic of the Congo to Romania were Liquid Pumps ($9.45k), Machinery Having Individual Functions ($2.19k), and Metalworking Machine Parts ($1.86k). During the last 5 years the exports of Republic of the Congo to Romania have decreased at an annualized rate of 59.4%, from $1.37M in 2022 to $15.2k in 2017.

Exports from Romania (Flag) to Republic of the Congo (Flag) (2022)

Exports from Republic of the Congo (Flag) to Romania (Flag) (2022)

Latest Data

Trade between Romania (Flag) and Republic of the Congo (Flag)

Romania Exports

Republic of the Congo Exports

Market Competitiveness

Color
Romania
Top DestinationGermany$18.8B
Republic of the Congo
Top DestinationChina$4.82B

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

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

In 2022, countries that imported more from Republic of the Congo than Romania included China ($4.82B), India ($2.44B), and United Arab Emirates ($1.87B).

Difference in imports from Republic of the Congo (Flag) and Romania (Flag) (2022)

Comparative Advantage Romania - Republic of the Congo

Flow
Scale

This chart compares trade between Romania and Republic of the Congo by product, considering products traded by both, Romania and Republic of the Congo.

During 2022, Romania had a large net trade with Republic of the Congo in the exports of Animal Products ($2.11M), Machines ($1.37M), and Metals ($872k).

During 2017, Republic of the Congo had a large net trade with Romania in the exports of Machines ($13.5k) and Metals ($1.66k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Republic of the Congo+$396kIron Pipes
Top Product Potential Republic of the Congo Romania+$13.9kLiquid Pumps

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

Product Space of Romania (Flag) and Republic of the Congo (Flag) (2022)

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