2023
Flag  
GDP
$351BCURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP GROWTH
84.8%CURRENT US$
Rnk 24 / 195
2023
Flag
 GDP
$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH
64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
GDP PC 
$18,404CURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP PC GROWTH
93.8%CURRENT US$
Rnk 11 / 195
2023
Flag
GDP PC
$82,769CURRENT US$
Rnk 9 / 196
2013-2023
Flag
GDP PC GROWTH
55%CURRENT US$
Rnk 40 / 195

About

Romania-United States Trade: In 2023, Romania exported $3.84B to United States. The main products that Romania exported to United States were Rubber Tires ($263M), Iron Pipes ($214M), and Motor vehicles; parts and accessories (8701 to 8705) ($213M). Over the past 5 years the exports of Romania to United States have increased at an annualized rate of 7.82%, from $2.64B in 2018 to $3.84B in 2023.

In 2020, Romania exported services to United States worth $1.52B, with Computer and information services ($829M), Other business services ($394M), and Travel ($129M) being the largest in terms of value.

United States-Romania Trade: In 2023, United States exported $1.37B to Romania. The main products that United States exported to Romania were Navigation Equipment ($138M), Broadcasting Equipment ($118M), and Planes, Helicopters, and/or Spacecraft ($88.1M). Over the past 5 years the exports of United States to Romania have increased at an annualized rate of 4.95%,  from $1.08B in 2018 to $1.37B in 2023.

In 2017, United States exported services to Romania worth $745M, with Travel ($287M), Other business services ($118M), and Royalties and license fees ($106M) being the largest in terms of value.

Comparison: In 2023,  Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Romania exported $3.84B to United States. The main products exported from Romania to United States were Rubber Tires ($263M), Iron Pipes ($214M), and Motor vehicles; parts and accessories (8701 to 8705) ($213M). During the last 5 years the exports of Romania to United States have increased at an annualized rate of 7.82%, from $2.64B in 2018 to $3.84B in 2023.

In 2018, United States exported $1.37B to Romania. The main products exported from United States to Romania were Navigation Equipment ($138M), Broadcasting Equipment ($118M), and Planes, Helicopters, and/or Spacecraft ($88.1M). During the last 5 years the exports of United States to Romania have increased at an annualized rate of 4.95%, from $1.08B in 2023 to $1.37B in 2018.

Exports from Romania (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Romania (Flag) (2023)

Latest Data

Trade between Romania (Flag) and United States (Flag)

Romania Exports

United States Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$19.9B
United States
Top Destination
Canada$269B

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

In 2023, countries that imported more from Romania than United States included Bulgaria ($4.03B), Moldova ($1.41B), and Hungary ($4.22B).

In 2023, countries that imported more from United States than Romania included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Romania (Flag) (2023)

Comparative Advantage Romania - United States

Flow
Scale

This chart compares trade between Romania and United States by product, considering products traded by both, Romania and United States.

During 2023, Romania had a large net trade with United States in the exports of Machines ($1.69B), Metals ($562M), and Plastics and Rubbers ($353M).

During 2018, United States had a large net trade with Romania in the exports of Machines ($566M), Transportation ($234M), and Instruments ($142M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania United States+$252MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential United States Romania+$49.7MIntegrated Circuits

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

Product Space of Romania (Flag) and United States (Flag) (2023)

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