Romania (ROU) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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Romania-Belgium In 2022, Romania exported $1.92B to Belgium. The main products that Romania exported to Belgium are Insulated Wire ($185M), Cars ($164M), and Rapeseed ($138M). During the last 23 years the exports of Romania to Belgium have increased at an annualized rate of 10.7%, from $187M in 1999 to $1.92B in 2022.

In 2020, Romania exported services to Belgium worth $1.06B, with Transportation ($551M), Other business services ($202M), and Computer and information services ($148M) being the largest in terms of value.

Belgium-Romania In 2022, Belgium exported $2.8B to Romania. The main products that Belgium exported to Romania were Copper Wire ($244M), Packaged Medicaments ($199M), and Cars ($144M). During the last 23 years the exports of Belgium to Romania have increased at an annualized rate of 11.8%, from $216M in 1999 to $2.8B in 2022.

In 2020, Belgium exported services to Romania worth $553M, with Other business services ($182M), Travel ($128M), and Computer and information services ($112M) being the largest in terms of value.

Comparison In 2022, Romania ranked 22 in the Economic Complexity Index (ECI 1.05), and 43 in total exports ($99.5B). That same year, Belgium ranked 17 in the Economic Complexity Index (ECI 1.28), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Romania exported $1.92B to Belgium. The main products exported from Romania to Belgium were Insulated Wire ($185M), Cars ($164M), and Rapeseed ($138M). During the last 23 years the exports of Romania to Belgium have increased at an annualized rate of 10.7%, from $187M in 1999 to $1.92B in 2022.

In 2022, Belgium exported $2.8B to Romania. The main products exported from Belgium to Romania were Copper Wire ($244M), Packaged Medicaments ($199M), and Cars ($144M). During the last 23 years the exports of Belgium to Romania have increased at an annualized rate of 11.8%, from $216M in 1999 to $2.8B in 2022.

Exports from Romania () to Belgium () (2022)

Exports from Belgium () to Romania () (2022)

Latest Data

Trade between Romania () and Belgium ()

Romania Exports

Date

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$18.8B

Belgium
Top DestinationGermany$91.9B

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

In 2021, countries that imported more from Romania than Belgium were Hungary ($6.75B), Bulgaria ($3.9B), and Moldova ($2.14B).

In 2021, countries that imported more from Belgium than Romania were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

Difference in imports from Belgium () and Romania () (2022)

Comparative Advantage Romania - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Romania had a large net trade with Belgium in the exports of Machines ($647M), Transportation ($276M), and Vegetable Products ($168M).

During 2022, Belgium had a large net trade with Romania in the exports of Chemical Products ($551M), Metals ($448M), and Machines ($431M).

Service Trade

Bilateral Service Trade

Bel Year

Rou Year

In 2020, Romania exported services to Belgium worth $1.06B, with Transportation ($551M), Other business services ($202M), and Computer and information services ($148M) being the largest in terms of value.

In 2020, Belgium exported services to Romania worth $553M, with Other business services ($182M), Travel ($128M), and Computer and information services ($112M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Romania has comparative advantage over Belgium. Similarly, the more yellow a dot/product is, the more Belgium has comparative advantage over Romania.

About

Historical Data

Bilateral Trade by Products

Exports from Romania () to Belgium () (2022)

Exports from Belgium () to Romania () (2022)

Latest Data

Trade between Romania () and Belgium ()

Romania Exports

Belgium Exports

Market Competitiveness

Difference in imports from Belgium () and Romania () (2022)

Comparative Advantage Romania - Belgium

Service Trade

Bilateral Service Trade

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

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

Economic Complexity

Competitive Landscape

Product Space of Romania () and Belgium () (2022)

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