Romania / South Korea

Romania-South Korea Trade: In 2023, Romania exported $580M to South Korea. The main products that Romania exported to South Korea were Corn ($367M), Wheat ($44.6M), and Motor vehicles; parts and accessories (8701 to 8705) ($23M). Over the past 5 years the exports of Romania to South Korea have increased at an annualized rate of 7.8%, from $398M in 2018 to $580M in 2023.

In 2020, Romania exported services to South Korea worth $20.1M, with Computer and information services ($10.9M), Other business services ($5.48M), and Transportation ($3.08M) being the largest in terms of value.

South Korea-Romania Trade: In 2023, South Korea exported $621M to Romania. The main products that South Korea exported to Romania were Nitrogen Heterocyclic Compounds ($105M), Coated Flat-Rolled Iron ($54.8M), and Integrated Circuits ($21.8M). Over the past 5 years the exports of South Korea to Romania have increased at an annualized rate of 4.55%,  from $497M in 2018 to $621M in 2023.

In 2023, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B).