Romania (ROU) and South Africa (ZAF) Trade | The Observatory of Economic Complexity

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Romania-South Africa Trade: In 2023, Romania exported $207M to South Africa. The main products that Romania exported to South Africa were Cars ($24.5M), Motor vehicles; parts and accessories (8701 to 8705) ($22.3M), and Seed Oils ($13.1M). Over the past 5 years the exports of Romania to South Africa have decreased at an annualized rate of 9.31%, from $338M in 2018 to $207M in 2023.

In 2020, Romania exported services to South Africa worth $16.6M, with Other business services ($9.25M), Computer and information services ($4.45M), and Transportation ($2.17M) being the largest in terms of value.

South Africa-Romania Trade: In 2023, South Africa exported $162M to Romania. The main products that South Africa exported to Romania were Iron Ore ($104M), Coal Briquettes ($21.9M), and Delivery Trucks ($19.2M). Over the past 5 years the exports of South Africa to Romania have increased at an annualized rate of 21.1%, from $61.9M in 2018 to $162M in 2023.

In 2023, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Romania exported $207M to South Africa. The main products exported from Romania to South Africa were Cars ($24.5M), Motor vehicles; parts and accessories (8701 to 8705) ($22.3M), and Seed Oils ($13.1M). During the last 5 years the exports of Romania to South Africa have decreased at an annualized rate of 9.31%, from $338M in 2018 to $207M in 2023.

In 2018, South Africa exported $162M to Romania. The main products exported from South Africa to Romania were Iron Ore ($104M), Coal Briquettes ($21.9M), and Delivery Trucks ($19.2M). During the last 5 years the exports of South Africa to Romania have increased at an annualized rate of 21.1%, from $61.9M in 2023 to $162M in 2018.

Exports from Romania () to South Africa () (2023)

Exports from South Africa () to Romania () (2023)

Latest Data

Trade between Romania () and South Africa ()

Romania Exports

Date

South Africa Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$19.9B

South Africa
Top DestinationChina$29.5B

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

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

In 2023, countries that imported more from South Africa than Romania included China ($29.5B), India ($10.8B), and United States ($13B).

Difference in imports from South Africa () and Romania () (2023)

Comparative Advantage Romania - South Africa

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Romania had a large net trade with South Africa in the exports of Machines ($83.2M), Transportation ($47.2M), and Plastics and Rubbers ($23.7M).

During 2018, South Africa had a large net trade with Romania in the exports of Mineral Products ($126M), Transportation ($20.4M), and Chemical Products ($4.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Romania South Africa+$39.4MCars

Top Product Potential South Africa Romania+$9.03MCoal Briquettes

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

Year

This visualization shows the product space at the HS4 level with the flags of Romania and South Africa. This means that a dot/product with the flag of Romania indicates it has a comparative advantage over South Africa. Similarly, a dot/product with the flag of South Africa indicates it has a comparative advantage over Romania.

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Historical Data

Bilateral Trade by Products

Exports from Romania () to South Africa () (2023)

Exports from South Africa () to Romania () (2023)

Latest Data

Trade between Romania () and South Africa ()

Romania Exports

South Africa Exports

Market Competitiveness

Difference in imports from South Africa () and Romania () (2023)

Comparative Advantage Romania - South Africa

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Romania () and South Africa () (2023)

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