2023
Flag  
GDP
$351BCURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP GROWTH
84.8%CURRENT US$
Rnk 24 / 195
2023
Flag
 GDP
$102BCURRENT US$
Rnk 70 / 195
2013-2023
Flag
GDP GROWTH
38.8%CURRENT US$
Rnk 95 / 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
$2,850CURRENT US$
Rnk 144 / 196
2013-2023
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GDP PC GROWTH
15.7%CURRENT US$
Rnk 116 / 195

About

Romania-Uzbekistan Trade: In 2023, Romania exported $32.3M to Uzbekistan. The main products that Romania exported to Uzbekistan were Packaged Medicaments ($11.8M), Hair Products ($6.89M), and Nonaqueous Pigments ($2.04M). Over the past 5 years the exports of Romania to Uzbekistan have increased at an annualized rate of 4.9%, from $25.4M in 2018 to $32.3M in 2023.

In 2023, Romania did not export any services to Uzbekistan.

Uzbekistan-Romania Trade: In 2023, Uzbekistan exported $37.1M to Romania. The main products that Uzbekistan exported to Romania were Nitrogenous Fertilizers ($22.5M), Copper Wire ($8.29M), and Refined Petroleum ($1.57M). Over the past 5 years the exports of Uzbekistan to Romania have increased at an annualized rate of 69.5%,  from $1.57M in 2018 to $37.1M in 2023.

In 2023, Uzbekistan 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, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Romania exported $32.3M to Uzbekistan. The main products exported from Romania to Uzbekistan were Packaged Medicaments ($11.8M), Hair Products ($6.89M), and Nonaqueous Pigments ($2.04M). During the last 5 years the exports of Romania to Uzbekistan have increased at an annualized rate of 4.9%, from $25.4M in 2018 to $32.3M in 2023.

In 2018, Uzbekistan exported $37.1M to Romania. The main products exported from Uzbekistan to Romania were Nitrogenous Fertilizers ($22.5M), Copper Wire ($8.29M), and Refined Petroleum ($1.57M). During the last 5 years the exports of Uzbekistan to Romania have increased at an annualized rate of 69.5%, from $1.57M in 2023 to $37.1M in 2018.

Exports from Romania (Flag) to Uzbekistan (Flag) (2023)

Exports from Uzbekistan (Flag) to Romania (Flag) (2023)

Latest Data

Trade between Romania (Flag) and Uzbekistan (Flag)

Romania Exports

Uzbekistan Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$19.9B
Uzbekistan
Top Destination
Switzerland$8.18B

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

In 2023, countries that imported more from Romania than Uzbekistan included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

In 2023, countries that imported more from Uzbekistan than Romania included Switzerland ($8.18B), Russia ($3.02B), and Kazakhstan ($1.37B).

Difference in imports from Uzbekistan (Flag) and Romania (Flag) (2023)

Comparative Advantage Romania - Uzbekistan

Flow
Scale

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

During 2023, Romania had a large net trade with Uzbekistan in the exports of Chemical Products ($22.4M), Machines ($4.83M), and Transportation ($1.68M).

During 2018, Uzbekistan had a large net trade with Romania in the exports of Chemical Products ($22.6M), Metals ($9.48M), and Vegetable Products ($1.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Uzbekistan+$4.96MPackaged Medicaments
Top Product Potential Uzbekistan Romania+$3.18MNitrogenous 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 Uzbekistan. This means that a dot/product with the flag of Romania indicates it has a comparative advantage over Uzbekistan. Similarly, a dot/product with the flag of Uzbekistan indicates it has a comparative advantage over Romania.

Product Space of Romania (Flag) and Uzbekistan (Flag) (2023)

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