Romania (ROU) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

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Romania-Chinese Taipei Trade: In 2022, Romania exported $103M to Chinese Taipei. The main products that Romania exported to Chinese Taipei were Particle Board ($16.9M), Iron Pipes ($12.1M), and Rubber Tires ($7.39M). Over the past 5 years the exports of Romania to Chinese Taipei have increased at an annualized rate of 5.73%, from $78.3M in 2017 to $103M in 2022.

In 2022, Romania did not export any services to Chinese Taipei.

Chinese Taipei-Romania Trade: In 2022, Chinese Taipei exported $375M to Romania. The main products that Chinese Taipei exported to Romania were Integrated Circuits ($97.8M), Bi-Wheel Vehicle Parts ($44.1M), and Broadcasting Equipment ($39.3M). Over the past 5 years the exports of Chinese Taipei to Romania have increased at an annualized rate of 11.5%, from $218M in 2017 to $375M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Romania exported $103M to Chinese Taipei. The main products exported from Romania to Chinese Taipei were Particle Board ($16.9M), Iron Pipes ($12.1M), and Rubber Tires ($7.39M). During the last 5 years the exports of Romania to Chinese Taipei have increased at an annualized rate of 5.73%, from $78.3M in 2017 to $103M in 2022.

In 2017, Chinese Taipei exported $375M to Romania. The main products exported from Chinese Taipei to Romania were Integrated Circuits ($97.8M), Bi-Wheel Vehicle Parts ($44.1M), and Broadcasting Equipment ($39.3M). During the last 5 years the exports of Chinese Taipei to Romania have increased at an annualized rate of 11.5%, from $218M in 2022 to $375M in 2017.

Exports from Romania () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Romania () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$18.8B

Chinese Taipei
Top DestinationChina$121B

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

In 2022, countries that imported more from Romania than Chinese Taipei included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

In 2022, countries that imported more from Chinese Taipei than Romania included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei () and Romania () (2022)

Comparative Advantage Romania - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Romania had a large net trade with Chinese Taipei in the exports of Machines ($27.6M), Wood Products ($21.7M), and Metals ($16.2M).

During 2017, Chinese Taipei had a large net trade with Romania in the exports of Machines ($236M), Transportation ($50.9M), and Metals ($43.6M).

Potential Exports

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

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Historical Data

Bilateral Trade by Products

Exports from Romania () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Romania () (2022)

Market Competitiveness

Difference in imports from Chinese Taipei () and Romania () (2022)

Comparative Advantage Romania - Chinese Taipei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Romania () and Chinese Taipei () (2022)

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