2023
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GDP
$351BCURRENT US$
Rnk 43 / 195
2013-2023
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GDP GROWTH
84.8%CURRENT US$
Rnk 24 / 195
2023
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 GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
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GDP GROWTH
62.2%CURRENT US$
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2023
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GDP PC 
$18,404CURRENT US$
Rnk 66 / 195
2013-2023
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GDP PC GROWTH
93.8%CURRENT US$
Rnk 11 / 195
2023
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GDP PC
$30,133CURRENT US$
Rnk 47 / 196
2013-2023
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GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195

About

Romania-Estonia Trade: In 2023, Romania exported $76.1M to Estonia. The main products that Romania exported to Estonia were Vacuum Cleaners ($9.23M), Electric Heaters ($6.16M), and Narrow Woven Fabric ($2.59M). Over the past 5 years the exports of Romania to Estonia have decreased at an annualized rate of 2.03%, from $84.3M in 2018 to $76.1M in 2023.

In 2020, Romania exported services to Estonia worth $21M, with Computer and information services ($13.5M), Other business services ($3.31M), and Transportation ($2.86M) being the largest in terms of value.

Estonia-Romania Trade: In 2023, Estonia exported $100M to Romania. The main products that Estonia exported to Romania were Calculators ($7.05M), Other Metal Fasteners ($5.75M), and Machinery Having Individual Functions ($4.75M). Over the past 5 years the exports of Estonia to Romania have decreased at an annualized rate of 6.12%,  from $137M in 2018 to $100M in 2023.

In 2020, Estonia exported services to Romania worth $13.7M, with Other business services ($9.14M), Travel ($2.17M), and Transportation ($1.03M) being the largest in terms of value.

Comparison In 2023,  Romania ranked 28 in the Economic Complexity Index (ECI 1.02),  and 41 in total exports ($104B). That same year, Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Romania exported $76.1M to Estonia. The main products exported from Romania to Estonia were Vacuum Cleaners ($9.23M), Electric Heaters ($6.16M), and Narrow Woven Fabric ($2.59M). During the last 5 years the exports of Romania to Estonia have decreased at an annualized rate of 2.03%, from $84.3M in 2018 to $76.1M in 2023.

In 2018, Estonia exported $100M to Romania. The main products exported from Estonia to Romania were Calculators ($7.05M), Other Metal Fasteners ($5.75M), and Machinery Having Individual Functions ($4.75M). During the last 5 years the exports of Estonia to Romania have decreased at an annualized rate of 6.12%, from $137M in 2023 to $100M in 2018.

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

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

Latest Data

Trade between Romania (Flag) and Estonia (Flag)

Romania Exports

Estonia Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$19.9B
Estonia
Top Destination
Finland$2.71B

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

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

In 2023, countries that imported more from Estonia than Romania included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

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

Comparative Advantage Romania - Estonia

Flow
Scale

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

During 2023, Romania had a large net trade with Estonia in the exports of Machines ($31.7M), Textiles ($9.47M), and Metals ($7.68M).

During 2018, Estonia had a large net trade with Romania in the exports of Machines ($36M), Animal Products ($10.3M), and Metals ($9.76M).

Bilateral Service Trade

In 2020, Romania exported services to Estonia worth $21M, with Computer and information services ($13.5M), Other business services ($3.31M), and Transportation ($2.86M) being the largest in terms of value.

In 2020, Estonia exported services to Romania worth $13.7M, with Other business services ($9.14M), Travel ($2.17M), and Transportation ($1.03M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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