2022
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GDP
$161BCURRENT US$
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2012-2022
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GDP GROWTH
-12.1%CURRENT US$
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2022
Flag
 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 PC 
$4,534CURRENT US$
Rnk 115 / 186
2012-2022
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GDP PC GROWTH
13.2%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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About

Ukraine-Romania Trade: In 2022, Ukraine exported $3.94B to Romania. The main products that Ukraine exported to Romania were Corn ($858M), Seed Oils ($422M), and Rapeseed ($339M). Over the past 5 years the exports of Ukraine to Romania have increased at an annualized rate of 35.1%, from $877M in 2017 to $3.94B in 2022.

In 2022, Ukraine did not export any services to Romania.

Romania-Ukraine Trade: In 2022, Romania exported $1.25B to Ukraine. The main products that Romania exported to Ukraine were Refined Petroleum ($308M), Petroleum Gas ($132M), and Planes, Helicopters, and/or Spacecraft ($67M). Over the past 5 years the exports of Romania to Ukraine have increased at an annualized rate of 16.3%,  from $587M in 2017 to $1.25B in 2022.

In 2022, Romania did not export any services to Ukraine.

Comparison: In 2022,  Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). 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, Ukraine exported $3.94B to Romania. The main products exported from Ukraine to Romania were Corn ($858M), Seed Oils ($422M), and Rapeseed ($339M). During the last 5 years the exports of Ukraine to Romania have increased at an annualized rate of 35.1%, from $877M in 2017 to $3.94B in 2022.

In 2017, Romania exported $1.25B to Ukraine. The main products exported from Romania to Ukraine were Refined Petroleum ($308M), Petroleum Gas ($132M), and Planes, Helicopters, and/or Spacecraft ($67M). During the last 5 years the exports of Romania to Ukraine have increased at an annualized rate of 16.3%, from $587M in 2022 to $1.25B in 2017.

Exports from Ukraine (Flag) to Romania (Flag) (2022)

Exports from Romania (Flag) to Ukraine (Flag) (2022)

Latest Data

Trade between Ukraine (Flag) and Romania (Flag)

Ukraine Exports

Romania Exports

Market Competitiveness

Color
Ukraine
Top Destination
Poland$6.7B
Romania
Top Destination
Germany$18.8B

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

In 2022, countries that imported more from Ukraine than Romania included Poland ($6.7B), China ($2.6B), and India ($1.08B).

In 2022, countries that imported more from Romania than Ukraine included Germany ($18.8B), Italy ($9.55B), and France ($5.73B).

Difference in imports from Romania (Flag) and Ukraine (Flag) (2022)

Comparative Advantage Ukraine - Romania

Flow
Scale

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

During 2022, Ukraine had a large net trade with Romania in the exports of Vegetable Products ($1.99B), Animal and Vegetable Bi-Products ($430M), and Mineral Products ($426M).

During 2017, Romania had a large net trade with Ukraine in the exports of Mineral Products ($479M), Machines ($170M), and Transportation ($169M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Romania+$54.3MCorn
Top Product Potential Romania Ukraine+$67.1MRefined Petroleum

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 Ukraine and Romania. This means that a dot/product with the flag of Ukraine indicates it has a comparative advantage over Romania. Similarly, a dot/product with the flag of Romania indicates it has a comparative advantage over Ukraine.

Product Space of Ukraine (Flag) and Romania (Flag) (2022)

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