Romania (ROU) and Iran (IRN) Trade | The Observatory of Economic Complexity

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Romania-Iran Trade: In 2023, Romania exported $198M to Iran. The main products that Romania exported to Iran were Corn ($188M), Sheep and Goat Meat ($5.6M), and Sawn Wood ($1.38M). Over the past 5 years the exports of Romania to Iran have decreased at an annualized rate of 5.84%, from $267M in 2018 to $198M in 2023.

In 2011, Romania exported services to Iran worth $2.75M, with Services not allocated ($1.53M), Travel ($1.22M), and Communications services ($305k) being the largest in terms of value.

Iran-Romania Trade: In 2023, Iran exported $64.4M to Romania. The main products that Iran exported to Romania were Styrene Polymers ($30.8M), Processed Tomatoes ($4.26M), and Petroleum Jelly ($3.35M). Over the past 5 years the exports of Iran to Romania have increased at an annualized rate of 5.26%, from $49.9M in 2018 to $64.4M in 2023.

In 2023, Iran 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, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Romania exported $198M to Iran. The main products exported from Romania to Iran were Corn ($188M), Sheep and Goat Meat ($5.6M), and Sawn Wood ($1.38M). During the last 5 years the exports of Romania to Iran have decreased at an annualized rate of 5.84%, from $267M in 2018 to $198M in 2023.

In 2018, Iran exported $64.4M to Romania. The main products exported from Iran to Romania were Styrene Polymers ($30.8M), Processed Tomatoes ($4.26M), and Petroleum Jelly ($3.35M). During the last 5 years the exports of Iran to Romania have increased at an annualized rate of 5.26%, from $49.9M in 2023 to $64.4M in 2018.

Exports from Romania () to Iran () (2023)

Exports from Iran () to Romania () (2023)

Latest Data

Trade between Romania () and Iran ()

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$19.9B

Iran
Top DestinationChina$4.59B

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

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

In 2023, countries that imported more from Iran than Romania included China ($4.59B), Pakistan ($943M), and Armenia ($597M).

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

Comparative Advantage Romania - Iran

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Romania had a large net trade with Iran in the exports of Vegetable Products ($188M), Animal Products ($5.6M), and Machines ($1.63M).

During 2018, Iran had a large net trade with Romania in the exports of Plastics and Rubbers ($37.5M), Vegetable Products ($5.82M), and Foodstuffs ($5.76M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Romania Iran+$14.4MCorn

Top Product Potential Iran Romania+$5.27MEthylene Polymers

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

About

Historical Data

Bilateral Trade by Products

Exports from Romania () to Iran () (2023)

Exports from Iran () to Romania () (2023)

Latest Data

Trade between Romania () and Iran ()

Romania Exports

Market Competitiveness

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

Comparative Advantage Romania - Iran

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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