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2022
Flag → Flag
Exports $342MRnk 39 / 196
2022
Flag → Flag
Exports $40.1MRnk 81 / 138
2022
Flag → Flag
Top Product $19.5MNitrogenous Fertilizers
2022
Flag
Economic Complexity (ECI) ECI 1.03Rnk 26 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.78Rnk 35 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP GROWTH68.2%CURRENT US$
Rnk 30 / 186
2022
Flag
 GDP$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC $15,892CURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP PC GROWTH77.9%CURRENT US$
Rnk 16 / 186
2022
Flag
GDP PC$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH26.5%CURRENT US$
Rnk 71 / 186

About

Romania-Saudi Arabia Trade: In 2022, Romania exported $342M to Saudi Arabia. The main products that Romania exported to Saudi Arabia were N/A. 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
Value

In 2022, Romania exported $342M to Saudi Arabia. There were not main exports from Romania to Saudi Arabia in 2022. 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 (Flag) to Saudi Arabia (Flag) (2022)

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

Latest Data

Trade between Romania (Flag) and Saudi Arabia (Flag)

Romania Exports

Saudi Arabia Exports

Market Competitiveness

Color
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 (Flag) and Romania (Flag) (2022)

Comparative Advantage Romania - Saudi Arabia

Flow
Scale

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

Potential Exports

Depth
View
Sort By
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

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.

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

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