2022
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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
$3.07TCURRENT US$
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2012-2022
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GDP GROWTH
13.5%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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2022
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GDP PC
$45,850CURRENT US$
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2012-2022
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GDP PC GROWTH
7.92%CURRENT US$
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About

Romania-United Kingdom In 2022, Romania exported $3.1B to United Kingdom. The main products that Romania exported to United Kingdom are Cars ($309M), Motor vehicles; parts and accessories (8701 to 8705) ($190M), and Centrifuges ($140M). During the last 27 years the exports of Romania to United Kingdom have increased at an annualized rate of 9.43%, from $272M in 1995 to $3.1B in 2022.

In 2020, Romania exported services to United Kingdom worth $2.27B, with Computer and information services ($915M), Other business services ($622M), and Travel ($340M) being the largest in terms of value.

United Kingdom-Romania In 2022, United Kingdom exported $1.24B to Romania. The main products that United Kingdom exported to Romania were Motor vehicles; parts and accessories (8701 to 8705) ($110M), Hard Liquor ($86M), and Cars ($65M). During the last 27 years the exports of United Kingdom to Romania have increased at an annualized rate of 5.18%, from $316M in 1995 to $1.24B in 2022.

In 2019, United Kingdom exported services to Romania worth $1.32B, with Travel ($1B), Other business services ($134M), and Royalties and license fees ($91.8M) 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $3.1B to United Kingdom. The main products exported from Romania to United Kingdom were Cars ($309M), Motor vehicles; parts and accessories (8701 to 8705) ($190M), and Centrifuges ($140M). During the last 27 years the exports of Romania to United Kingdom have increased at an annualized rate of 9.43%, from $272M in 1995 to $3.1B in 2022.

In 2022, United Kingdom exported $1.24B to Romania. The main products exported from United Kingdom to Romania were Motor vehicles; parts and accessories (8701 to 8705) ($110M), Hard Liquor ($86M), and Cars ($65M). During the last 27 years the exports of United Kingdom to Romania have increased at an annualized rate of 5.18%, from $316M in 1995 to $1.24B in 2022.

Exports from Romania (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Romania (Flag) (2022)

Latest Data

Trade between Romania (Flag) and United Kingdom (Flag)

Romania Exports

United Kingdom Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
United Kingdom
Top Destination
United States$61.8B

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

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

In 2021, countries that imported more from United Kingdom than Romania were United States ($61.8B), Netherlands ($41.9B), and China ($35.4B).

Difference in imports from United Kingdom (Flag) and Romania (Flag) (2022)

Comparative Advantage Romania - United Kingdom

Flow
Scale

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

During 2022, Romania had a large net trade with United Kingdom in the exports of Machines ($1.08B), Transportation ($580M), and Textiles ($237M).

During 2022, United Kingdom had a large net trade with Romania in the exports of Machines ($355M), Transportation ($196M), and Textiles ($138M).

Service Trade

Bilateral Service Trade

In 2020, Romania exported services to United Kingdom worth $2.27B, with Computer and information services ($915M), Other business services ($622M), and Travel ($340M) being the largest in terms of value.

In 2019, United Kingdom exported services to Romania worth $1.32B, with Travel ($1B), Other business services ($134M), and Royalties and license fees ($91.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania (Flag) to United Kingdom (Flag) (2020)

Services Exports from United Kingdom (Flag) to Romania (Flag) (2019)

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

Product Space of Romania (Flag) and United Kingdom (Flag) (2022)

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