Singapore (SGP) and Romania (ROU) Trade | The Observatory of Economic Complexity

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Singapore-Romania Trade: In 2023, Singapore exported $63.2M to Romania. The main products that Singapore exported to Romania were Packaged Medicaments ($14.3M), Hydrometers ($7.31M), and Integrated Circuits ($6.61M). Over the past 5 years the exports of Singapore to Romania have increased at an annualized rate of 0.3%, from $62.3M in 2018 to $63.2M in 2023.

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

Romania-Singapore Trade: In 2023, Romania exported $241M to Singapore. The main products that Romania exported to Singapore were Gas Turbines ($88.4M), Refined Petroleum ($24.9M), and Ball Bearings ($16.7M). Over the past 5 years the exports of Romania to Singapore have increased at an annualized rate of 19.4%, from $99.1M in 2018 to $241M in 2023.

In 2020, Romania exported services to Singapore worth $247M, with Computer and information services ($212M), Other business services ($25.5M), and Transportation ($3.54M) being the largest in terms of value.

Comparison: In 2023, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B). That same year, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Singapore exported $63.2M to Romania. The main products exported from Singapore to Romania were Packaged Medicaments ($14.3M), Hydrometers ($7.31M), and Integrated Circuits ($6.61M). During the last 5 years the exports of Singapore to Romania have increased at an annualized rate of 0.3%, from $62.3M in 2018 to $63.2M in 2023.

In 2018, Romania exported $241M to Singapore. The main products exported from Romania to Singapore were Gas Turbines ($88.4M), Refined Petroleum ($24.9M), and Ball Bearings ($16.7M). During the last 5 years the exports of Romania to Singapore have increased at an annualized rate of 19.4%, from $99.1M in 2023 to $241M in 2018.

Exports from Singapore () to Romania () (2023)

Exports from Romania () to Singapore () (2023)

Latest Data

Trade between Singapore () and Romania ()

Singapore Exports

Date

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$44.5B

Romania
Top DestinationGermany$19.9B

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

In 2023, countries that imported more from Singapore than Romania included Hong Kong ($44.5B), China ($36.7B), and Malaysia ($31.4B).

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

Difference in imports from Romania () and Singapore () (2023)

Comparative Advantage Singapore - Romania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Singapore had a large net trade with Romania in the exports of Machines ($20M), Chemical Products ($15.3M), and Instruments ($14.6M).

During 2018, Romania had a large net trade with Singapore in the exports of Machines ($145M), Mineral Products ($24.9M), and Transportation ($13.9M).

Bilateral Service Trade

Rou Year

In 2020, Romania exported services to Singapore worth $247M, with Computer and information services ($212M), Other business services ($25.5M), and Transportation ($3.54M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania () to Singapore () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Singapore () to Romania () (2023)

Exports from Romania () to Singapore () (2023)

Latest Data

Trade between Singapore () and Romania ()

Singapore Exports

Romania Exports

Market Competitiveness

Difference in imports from Romania () and Singapore () (2023)

Comparative Advantage Singapore - Romania

Bilateral Service Trade

Services Exports from Romania () to Singapore () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Singapore () and Romania () (2023)

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