2022
Flag  
GDP
$301BCURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP GROWTH
68.2%CURRENT US$
Rnk 30 / 186
2022
Flag
GDP PC 
$15,892CURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP PC GROWTH
77.9%CURRENT US$
Rnk 16 / 186

About

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
Value

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 (Flag) to Chinese Taipei (Flag) (2022)

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

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Chinese Taipei
Top Destination
China$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 (Flag) and Romania (Flag) (2022)

Comparative Advantage Romania - Chinese Taipei

Flow
Scale

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).

Economic Complexity

Competitive Landscape

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.

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with