2022
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GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
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 GDP
$406BCURRENT US$
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2012-2022
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GDP GROWTH
-6.57%CURRENT US$
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2022
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GDP PC 
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
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2022
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GDP PC
$6,776CURRENT US$
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2012-2022
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GDP PC GROWTH
-17.1%CURRENT US$
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About

Romania-South Africa Trade: In 2022, Romania exported $231M to South Africa. The main products that Romania exported to South Africa were Cars ($55M), Seed Oils ($41.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($24M). Over the past 5 years the exports of Romania to South Africa have decreased at an annualized rate of 3.18%, from $271M in 2017 to $231M in 2022.

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 2022, South Africa exported $123M to Romania. The main products that South Africa exported to Romania were Iron Ore ($80.3M), Raw Sugar ($14.9M), and Delivery Trucks ($5.44M). Over the past 5 years the exports of South Africa to Romania have increased at an annualized rate of 24.9%,  from $40.3M in 2017 to $123M in 2022.

In 2022, South Africa did not export any services to Romania.

Comparison: In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). That same year, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $231M to South Africa. The main products exported from Romania to South Africa were Cars ($55M), Seed Oils ($41.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($24M). During the last 5 years the exports of Romania to South Africa have decreased at an annualized rate of 3.18%, from $271M in 2017 to $231M in 2022.

In 2017, South Africa exported $123M to Romania. The main products exported from South Africa to Romania were Iron Ore ($80.3M), Raw Sugar ($14.9M), and Delivery Trucks ($5.44M). During the last 5 years the exports of South Africa to Romania have increased at an annualized rate of 24.9%, from $40.3M in 2022 to $123M in 2017.

Exports from Romania (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Romania (Flag) (2022)

Latest Data

Trade between Romania (Flag) and South Africa (Flag)

Romania Exports

South Africa Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
South Africa
Top Destination
China$23.4B

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 2022, countries that imported more from Romania than South Africa included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

In 2022, countries that imported more from South Africa than Romania included China ($23.4B), India ($9.14B), and Japan ($8.85B).

Difference in imports from South Africa (Flag) and Romania (Flag) (2022)

Comparative Advantage Romania - South Africa

Flow
Scale

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

During 2022, Romania had a large net trade with South Africa in the exports of Transportation ($79.6M), Machines ($51.1M), and Animal and Vegetable Bi-Products ($41.4M).

During 2017, South Africa had a large net trade with Romania in the exports of Mineral Products ($86.3M), Foodstuffs ($16.9M), and Transportation ($6.41M).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

Product Space of Romania (Flag) and South Africa (Flag) (2022)

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