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2023
Flag → Flag
Exports $111MRnk 65 / 199
2023
Flag → Flag
Top Product $27.4MWheat
2023
Flag → Flag
Exports $277MRnk 60 / 142
2023
Flag → Flag
Top Product $41.2MNon-Retail Synthetic Filament Yarn
2023
Flag
Economic Complexity (ECI) ECI 1.02Rnk 28 / 132
2023
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Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
Flag  
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$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH101%CURRENT US$
Rnk 13 / 195
2023
Flag
GDP PC $18,404CURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP PC GROWTH93.8%CURRENT US$
Rnk 11 / 195
2023
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GDP PC$4,282CURRENT US$
Rnk 128 / 196
2013-2023
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GDP PC GROWTH81.5%CURRENT US$
Rnk 15 / 195

About

Romania-Vietnam Trade: In 2023, Romania exported $111M to Vietnam. The main products that Romania exported to Vietnam were Wheat ($27.4M), Printed Circuit Boards ($17.9M), and Packaged Medicaments ($11.2M). Over the past 5 years the exports of Romania to Vietnam have increased at an annualized rate of 10.3%, from $68M in 2018 to $111M in 2023.

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

Vietnam-Romania Trade: In 2023, Vietnam exported $277M to Romania. The main products that Vietnam exported to Romania were Non-Retail Synthetic Filament Yarn ($41.2M), Electric Batteries ($23.3M), and Polyamide Fabric ($14.5M). Over the past 5 years the exports of Vietnam to Romania have increased at an annualized rate of 10.1%,  from $171M in 2018 to $277M in 2023.

In 2023, Vietnam 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, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B).

Historical Data

Latest Data

Trade between Romania (Flag) and Vietnam (Flag)

Romania Exports

Market Competitiveness

Color
Romania
Top DestinationGermany$19.9B
Vietnam
Top DestinationUnited States$118B

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

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

In 2023, countries that imported more from Vietnam than Romania included United States ($118B), China ($85.7B), and Japan ($25.1B).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Vietnam+$9.71MPackaged Medicaments
Top Product Potential Vietnam Romania+$14.8MTelephones

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

Product Space of Romania (Flag) and Vietnam (Flag) (NaN)

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