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2023
Flag → Flag
Exports $144MRnk 59 / 199
2023
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Top Product $20.5MParticle Board
2023
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Exports $454MRnk 46 / 212
2023
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Top Product $162MIntegrated Circuits
2023
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Economic Complexity (ECI) ECI 1.02Rnk 28 / 132
2023
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Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
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GDP$351BCURRENT US$
Rnk 43 / 195
2013-2023
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GDP GROWTH84.8%CURRENT US$
Rnk 24 / 195
2023
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GDP PC $18,404CURRENT US$
Rnk 66 / 195
2013-2023
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GDP PC GROWTH93.8%CURRENT US$
Rnk 11 / 195

About

Romania-Chinese Taipei Trade: In 2023, Romania exported $144M to Chinese Taipei. The main products that Romania exported to Chinese Taipei were Particle Board ($20.5M), Iron Pipes ($15.9M), and Rubber Tires ($10.4M). Over the past 5 years the exports of Romania to Chinese Taipei have increased at an annualized rate of 3.98%, from $119M in 2018 to $144M in 2023.

In 2023, Romania did not export any services to Chinese Taipei.

Chinese Taipei-Romania Trade: In 2023, Chinese Taipei exported $454M to Romania. The main products that Chinese Taipei exported to Romania were Integrated Circuits ($162M), Broadcasting Equipment ($50.8M), and Broadcasting Accessories ($48.9M). Over the past 5 years the exports of Chinese Taipei to Romania have increased at an annualized rate of 11.8%,  from $260M in 2018 to $454M in 2023.

In 2023, Chinese Taipei did not export any services to Romania.

Comparison: In 2023,  Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B). That same year, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Romania exported $144M to Chinese Taipei. The main products exported from Romania to Chinese Taipei were Particle Board ($20.5M), Iron Pipes ($15.9M), and Rubber Tires ($10.4M). During the last 5 years the exports of Romania to Chinese Taipei have increased at an annualized rate of 3.98%, from $119M in 2018 to $144M in 2023.

In 2018, Chinese Taipei exported $454M to Romania. The main products exported from Chinese Taipei to Romania were Integrated Circuits ($162M), Broadcasting Equipment ($50.8M), and Broadcasting Accessories ($48.9M). During the last 5 years the exports of Chinese Taipei to Romania have increased at an annualized rate of 11.8%, from $260M in 2023 to $454M in 2018.

Exports from Romania (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Romania (Flag) (2023)

Market Competitiveness

Color
Romania
Top DestinationGermany$19.9B
Chinese Taipei
Top DestinationChina$101B

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 2023, countries that imported more from Romania than Chinese Taipei included Italy ($10.2B), Germany ($19.9B), and Bulgaria ($4.03B).

In 2023, countries that imported more from Chinese Taipei than Romania included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Romania (Flag) (2023)

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 2023, Romania had a large net trade with Chinese Taipei in the exports of Machines ($40.2M), Wood Products ($21.9M), and Metals ($21M).

During 2018, Chinese Taipei had a large net trade with Romania in the exports of Machines ($350M), Metals ($29.4M), and Transportation ($24.5M).

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) (2023)

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