Romania (ROU) and Indonesia (IDN) Trade | The Observatory of Economic Complexity

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Romania-Indonesia Trade: In 2023, Romania exported $61.3M to Indonesia. The main products that Romania exported to Indonesia were Other Heating Machinery ($11.5M), Ball Bearings ($3.66M), and Iron Pipes ($3.32M). Over the past 5 years the exports of Romania to Indonesia have increased at an annualized rate of 8.25%, from $41.2M in 2018 to $61.3M in 2023.

In 2020, Romania exported services to Indonesia worth $4M, with Computer and information services ($2.63M), Other business services ($685k), and Transportation ($457k) being the largest in terms of value.

Indonesia-Romania Trade: In 2023, Indonesia exported $181M to Romania. The main products that Indonesia exported to Romania were Rubber Tires ($46.2M), Rubber ($29.7M), and Electric Heaters ($19.1M). Over the past 5 years the exports of Indonesia to Romania have increased at an annualized rate of 6.47%, from $132M in 2018 to $181M in 2023.

In 2023, Indonesia 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, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Romania exported $61.3M to Indonesia. The main products exported from Romania to Indonesia were Other Heating Machinery ($11.5M), Ball Bearings ($3.66M), and Iron Pipes ($3.32M). During the last 5 years the exports of Romania to Indonesia have increased at an annualized rate of 8.25%, from $41.2M in 2018 to $61.3M in 2023.

In 2018, Indonesia exported $181M to Romania. The main products exported from Indonesia to Romania were Rubber Tires ($46.2M), Rubber ($29.7M), and Electric Heaters ($19.1M). During the last 5 years the exports of Indonesia to Romania have increased at an annualized rate of 6.47%, from $132M in 2023 to $181M in 2018.

Exports from Romania () to Indonesia () (2023)

Exports from Indonesia () to Romania () (2023)

Latest Data

Trade between Romania () and Indonesia ()

Romania Exports

Date

Indonesia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$19.9B

Indonesia
Top DestinationChina$70.7B

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

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

In 2023, countries that imported more from Indonesia than Romania included China ($70.7B), United States ($27.9B), and India ($24B).

Difference in imports from Indonesia () and Romania () (2023)

Comparative Advantage Romania - Indonesia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Romania had a large net trade with Indonesia in the exports of Machines ($34.9M), Metals ($11.6M), and Instruments ($3.32M).

During 2018, Indonesia had a large net trade with Romania in the exports of Plastics and Rubbers ($78.8M), Machines ($32.4M), and Animal and Vegetable Bi-Products ($16.9M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Romania Indonesia+$4.67MIron Pipes

Top Product Potential Indonesia Romania+$12.7MRubber Tires

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Romania () to Indonesia () (2023)

Exports from Indonesia () to Romania () (2023)

Latest Data

Trade between Romania () and Indonesia ()

Romania Exports

Indonesia Exports

Market Competitiveness

Difference in imports from Indonesia () and Romania () (2023)

Comparative Advantage Romania - Indonesia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Romania () and Indonesia () (2023)

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