2023
Flag
 GDP
$351BCURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP GROWTH
84.8%CURRENT US$
Rnk 24 / 195
2023
Flag
GDP PC
$18,404CURRENT US$
Rnk 66 / 196
2013-2023
Flag
GDP PC GROWTH
93.8%CURRENT US$
Rnk 11 / 195

About

Chinese Taipei-Romania Trade: In 2023, Chinese Taipei exported $454M to Romania. The main products that Chinese Taipei exported to Romania were Integrated Circuits ($162M), Broadcasting Equipment ($50.8M), and Broadcasting Accessories ($48.9M). Over the past 5 years the exports of Chinese Taipei to Romania have increased at an annualized rate of 11.8%, from $260M in 2018 to $454M in 2023.

In 2023, Chinese Taipei did not export any services to Romania.

Romania-Chinese Taipei Trade: In 2023, Romania exported $144M to Chinese Taipei. The main products that Romania exported to Chinese Taipei were Particle Board ($20.5M), Iron Pipes ($15.9M), and Rubber Tires ($10.4M). Over the past 5 years the exports of Romania to Chinese Taipei have increased at an annualized rate of 3.98%,  from $119M in 2018 to $144M in 2023.

In 2023, Romania did not export any services to Chinese Taipei.

Comparison: In 2023,  Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B). 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
Value

In 2023, Chinese Taipei exported $454M to Romania. The main products exported from Chinese Taipei to Romania were Integrated Circuits ($162M), Broadcasting Equipment ($50.8M), and Broadcasting Accessories ($48.9M). During the last 5 years the exports of Chinese Taipei to Romania have increased at an annualized rate of 11.8%, from $260M in 2018 to $454M in 2023.

In 2018, Romania exported $144M to Chinese Taipei. The main products exported from Romania to Chinese Taipei were Particle Board ($20.5M), Iron Pipes ($15.9M), and Rubber Tires ($10.4M). During the last 5 years the exports of Romania to Chinese Taipei have increased at an annualized rate of 3.98%, from $119M in 2023 to $144M in 2018.

Exports from Chinese Taipei (Flag) to Romania (Flag) (2023)

Exports from Romania (Flag) to Chinese Taipei (Flag) (2023)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Romania
Top Destination
Germany$19.9B

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

In 2023, countries that imported more from Chinese Taipei than Romania included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

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

Difference in imports from Romania (Flag) and Chinese Taipei (Flag) (2023)

Comparative Advantage Chinese Taipei - Romania

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Romania in the exports of Machines ($350M), Metals ($29.4M), and Transportation ($24.5M).

During 2018, Romania had a large net trade with Chinese Taipei in the exports of Machines ($40.2M), Wood Products ($21.9M), and Metals ($21M).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Romania (Flag) (2023)

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