Romania / Portugal

Romania-Portugal Trade: In 2022, Romania exported $551M to Portugal. The main products that Romania exported to Portugal were Sunflower Seeds ($104M), Cars ($84.1M), and Corn ($75.9M). Over the past 5 years the exports of Romania to Portugal have increased at an annualized rate of 11.5%, from $319M in 2017 to $551M in 2022.

In 2020, Romania exported services to Portugal worth $58.3M, with Transportation ($24.8M), Other business services ($9.48M), and Computer and information services ($8.68M) being the largest in terms of value.

Portugal-Romania Trade: In 2022, Portugal exported $616M to Romania. The main products that Portugal exported to Romania were Motor vehicles; parts and accessories (8701 to 8705) ($114M), Insulated Wire ($42.5M), and Revolution Counters ($39.1M). Over the past 5 years the exports of Portugal to Romania have increased at an annualized rate of 5.86%,  from $463M in 2017 to $616M in 2022.

In 2020, Portugal exported services to Romania worth $25.1M, with Travel ($25.1M) being the largest in terms of value.

Comparison: In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).