2022
Flag
 GDP
$301BCURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP GROWTH
68.2%CURRENT US$
Rnk 30 / 186
2022
Flag
GDP PC
$15,892CURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP PC GROWTH
77.9%CURRENT US$
Rnk 16 / 186

About

Chinese Taipei-Romania Trade: In 2022, Chinese Taipei exported $375M to Romania. The main products that Chinese Taipei exported to Romania were Integrated Circuits ($97.8M), Bi-Wheel Vehicle Parts ($44.1M), and Broadcasting Equipment ($39.3M). Over the past 5 years the exports of Chinese Taipei to Romania have increased at an annualized rate of 11.5%, from $218M in 2017 to $375M in 2022.

In 2022, Chinese Taipei did not export any services to Romania.

Romania-Chinese Taipei Trade: In 2022, Romania exported $103M to Chinese Taipei. The main products that Romania exported to Chinese Taipei were Particle Board ($16.9M), Iron Pipes ($12.1M), and Rubber Tires ($7.39M). Over the past 5 years the exports of Romania to Chinese Taipei have increased at an annualized rate of 4.75%,  from $78.3M in 2017 to $103M in 2022.

In 2022, Romania did not export any services to Chinese Taipei.

Comparison: In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chinese Taipei exported $375M to Romania. The main products exported from Chinese Taipei to Romania were Integrated Circuits ($97.8M), Bi-Wheel Vehicle Parts ($44.1M), and Broadcasting Equipment ($39.3M). During the last 5 years the exports of Chinese Taipei to Romania have increased at an annualized rate of 11.5%, from $218M in 2017 to $375M in 2022.

In 2017, Romania exported $103M to Chinese Taipei. The main products exported from Romania to Chinese Taipei were Particle Board ($16.9M), Iron Pipes ($12.1M), and Rubber Tires ($7.39M). During the last 5 years the exports of Romania to Chinese Taipei have increased at an annualized rate of 4.75%, from $78.3M in 2022 to $103M in 2017.

Exports from Chinese Taipei (Flag) to Romania (Flag) (2022)

Exports from Romania (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$121B
Romania
Top Destination
Germany$18.8B

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 2022, countries that imported more from Chinese Taipei than Romania included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

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

Difference in imports from Romania (Flag) and Chinese Taipei (Flag) (2022)

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 2022, Chinese Taipei had a large net trade with Romania in the exports of Machines ($236M), Transportation ($50.9M), and Metals ($43.6M).

During 2017, Romania had a large net trade with Chinese Taipei in the exports of Machines ($27.6M), Wood Products ($21.7M), and Metals ($16.2M).

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) (2022)

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