2022
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GDP
$301BCURRENT US$
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GDP GROWTH
68.2%CURRENT US$
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$281BCURRENT US$
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8.73%CURRENT US$
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$15,892CURRENT US$
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GDP PC GROWTH
77.9%CURRENT US$
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GDP PC
$50,537CURRENT US$
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GDP PC GROWTH
5.93%CURRENT US$
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About

Romania-Finland In 2022, Romania exported $317M to Finland. The main products that Romania exported to Finland are Motor vehicles; parts and accessories (8701 to 8705) ($34.8M), Cars ($22M), and Iron Pipes ($14.1M). During the last 27 years the exports of Romania to Finland have increased at an annualized rate of 13.4%, from $10.6M in 1995 to $317M in 2022.

In 2020, Romania exported services to Finland worth $150M, with Communications services ($78.8M), Computer and information services ($45.6M), and Other business services ($15.1M) being the largest in terms of value.

Finland-Romania In 2022, Finland exported $291M to Romania. The main products that Finland exported to Romania were Large Flat-Rolled Stainless Steel ($30.7M), Electric Motors ($15.3M), and Ethylene Polymers ($14.6M). During the last 27 years the exports of Finland to Romania have increased at an annualized rate of 9.81%, from $23.3M in 1995 to $291M in 2022.

In 2020, Finland exported services to Romania worth $27.4M, with Computer and information services ($18.3M), Transportation ($3.43M), and Other business services ($3.43M) being the largest in terms of value.

Comparison In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $317M to Finland. The main products exported from Romania to Finland were Motor vehicles; parts and accessories (8701 to 8705) ($34.8M), Cars ($22M), and Iron Pipes ($14.1M). During the last 27 years the exports of Romania to Finland have increased at an annualized rate of 13.4%, from $10.6M in 1995 to $317M in 2022.

In 2022, Finland exported $291M to Romania. The main products exported from Finland to Romania were Large Flat-Rolled Stainless Steel ($30.7M), Electric Motors ($15.3M), and Ethylene Polymers ($14.6M). During the last 27 years the exports of Finland to Romania have increased at an annualized rate of 9.81%, from $23.3M in 1995 to $291M in 2022.

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

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

Latest Data

Trade between Romania (Flag) and Finland (Flag)

Romania Exports

Finland Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Finland
Top Destination
Germany$9.99B

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

In 2021, countries that imported more from Romania than Finland were Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

In 2021, countries that imported more from Finland than Romania were Sweden ($9.1B), United States ($9.17B), and China ($4.94B).

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

Comparative Advantage Romania - Finland

Flow
Scale

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

During 2022, Romania had a large net trade with Finland in the exports of Machines ($101M), Transportation ($58.8M), and Metals ($50.5M).

During 2022, Finland had a large net trade with Romania in the exports of Metals ($81.7M), Machines ($74.1M), and Plastics and Rubbers ($33.6M).

Service Trade

Bilateral Service Trade

In 2020, Romania exported services to Finland worth $150M, with Communications services ($78.8M), Computer and information services ($45.6M), and Other business services ($15.1M) being the largest in terms of value.

In 2020, Finland exported services to Romania worth $27.4M, with Computer and information services ($18.3M), Transportation ($3.43M), and Other business services ($3.43M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania (Flag) to Finland (Flag) (2020)

Services Exports from Finland (Flag) to Romania (Flag) (2020)

Economic Complexity

Competitive Landscape

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 Finland. Similarly, the more yellow a dot/product is, the more Finland has comparative advantage over Romania.

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

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