Romania (ROU) and Saudi Arabia (SAU) Trade | The Observatory of Economic Complexity

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Romania-Saudi Arabia Trade: In 2022, Romania exported $342M to Saudi Arabia. The main products that Romania exported to Saudi Arabia were Sheep and Goats ($80.7M), Barley ($66.2M), and Sawn Wood ($42.1M). Over the past 5 years the exports of Romania to Saudi Arabia have decreased at an annualized rate of 3.58%, from $410M in 2017 to $342M in 2022.

In 2022, Romania did not export any services to Saudi Arabia.

Saudi Arabia-Romania Trade: In 2022, Saudi Arabia exported $40.1M to Romania. The main products that Saudi Arabia exported to Romania were Nitrogenous Fertilizers ($19.5M), Acyclic Hydrocarbons ($6.81M), and Ethylene Polymers ($3.28M). Over the past 5 years the exports of Saudi Arabia to Romania have increased at an annualized rate of 21.5%, from $15.1M in 2017 to $40.1M in 2022.

In 2022, Saudi Arabia did not export any services to Romania.

Comparison: In 2022, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). That same year, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Romania exported $342M to Saudi Arabia. The main products exported from Romania to Saudi Arabia were Sheep and Goats ($80.7M), Barley ($66.2M), and Sawn Wood ($42.1M). During the last 5 years the exports of Romania to Saudi Arabia have decreased at an annualized rate of 3.58%, from $410M in 2017 to $342M in 2022.

In 2017, Saudi Arabia exported $40.1M to Romania. The main products exported from Saudi Arabia to Romania were Nitrogenous Fertilizers ($19.5M), Acyclic Hydrocarbons ($6.81M), and Ethylene Polymers ($3.28M). During the last 5 years the exports of Saudi Arabia to Romania have increased at an annualized rate of 21.5%, from $15.1M in 2022 to $40.1M in 2017.

Exports from Romania () to Saudi Arabia () (2022)

Exports from Saudi Arabia () to Romania () (2022)

Latest Data

Trade between Romania () and Saudi Arabia ()

Romania Exports

Date

Saudi Arabia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$18.8B

Saudi Arabia
Top DestinationChina$68B

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

In 2022, countries that imported more from Romania than Saudi Arabia included Germany ($18.8B), Hungary ($6.75B), and Bulgaria ($3.9B).

In 2022, countries that imported more from Saudi Arabia than Romania included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia () and Romania () (2022)

Comparative Advantage Romania - Saudi Arabia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Romania had a large net trade with Saudi Arabia in the exports of Vegetable Products ($85.8M), Animal Products ($84.7M), and Machines ($51.9M).

During 2017, Saudi Arabia had a large net trade with Romania in the exports of Chemical Products ($26.4M), Plastics and Rubbers ($5.25M), and Machines ($3.87M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Romania Saudi Arabia+$27.2MCars

Top Product Potential Saudi Arabia Romania+$10.4MNitrogenous Fertilizers

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

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Historical Data

Bilateral Trade by Products

Exports from Romania () to Saudi Arabia () (2022)

Exports from Saudi Arabia () to Romania () (2022)

Latest Data

Trade between Romania () and Saudi Arabia ()

Romania Exports

Saudi Arabia Exports

Market Competitiveness

Difference in imports from Saudi Arabia () and Romania () (2022)

Comparative Advantage Romania - Saudi Arabia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Romania () and Saudi Arabia () (2022)

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