Romania (ROU) and Italy (ITA) Trade | The Observatory of Economic Complexity

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Romania-Italy In 2022, Romania exported $9.55B to Italy. The main products that Romania exported to Italy are Cars ($1.12B), Leather Footwear ($347M), and Electric Heaters ($318M). During the last 27 years the exports of Romania to Italy have increased at an annualized rate of 7.43%, from $1.38B in 1995 to $9.55B in 2022.

In 2020, Romania exported services to Italy worth $1.47B, with Transportation ($747M), Other business services ($239M), and Travel ($181M) being the largest in terms of value.

Italy-Romania In 2022, Italy exported $10.5B to Romania. The main products that Italy exported to Romania were Motor vehicles; parts and accessories (8701 to 8705) ($299M), Coated Flat-Rolled Iron ($229M), and Large Flat-Rolled Stainless Steel ($213M). During the last 27 years the exports of Italy to Romania have increased at an annualized rate of 7.86%, from $1.36B in 1995 to $10.5B in 2022.

In 2020, Italy exported services to Romania worth $684M, with Travel ($285M), Transportation ($168M), and Other business services ($118M) 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Romania exported $9.55B to Italy. The main products exported from Romania to Italy were Cars ($1.12B), Leather Footwear ($347M), and Electric Heaters ($318M). During the last 27 years the exports of Romania to Italy have increased at an annualized rate of 7.43%, from $1.38B in 1995 to $9.55B in 2022.

In 2022, Italy exported $10.5B to Romania. The main products exported from Italy to Romania were Motor vehicles; parts and accessories (8701 to 8705) ($299M), Coated Flat-Rolled Iron ($229M), and Large Flat-Rolled Stainless Steel ($213M). During the last 27 years the exports of Italy to Romania have increased at an annualized rate of 7.86%, from $1.36B in 1995 to $10.5B in 2022.

Exports from Romania () to Italy () (2022)

Exports from Italy () to Romania () (2022)

Latest Data

Trade between Romania () and Italy ()

Romania Exports

Date

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$18.8B

Italy
Top DestinationGermany$78.5B

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

In 2021, countries that imported more from Romania than Italy were Moldova ($2.14B), Bulgaria ($3.9B), and Jordan ($1.03B).

In 2021, countries that imported more from Italy than Romania were United States ($68.2B), Germany ($78.5B), and France ($63.8B).

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

Comparative Advantage Romania - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Romania had a large net trade with Italy in the exports of Machines ($2.11B), Transportation ($1.68B), and Textiles ($1.04B).

During 2022, Italy had a large net trade with Romania in the exports of Machines ($2.61B), Metals ($1.96B), and Textiles ($1.1B).

Service Trade

Bilateral Service Trade

Ita Year

Rou Year

In 2020, Romania exported services to Italy worth $1.47B, with Transportation ($747M), Other business services ($239M), and Travel ($181M) being the largest in terms of value.

In 2020, Italy exported services to Romania worth $684M, with Travel ($285M), Transportation ($168M), and Other business services ($118M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Italy () 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 Italy. Similarly, the more yellow a dot/product is, the more Italy has comparative advantage over Romania.

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Historical Data

Bilateral Trade by Products

Exports from Romania () to Italy () (2022)

Exports from Italy () to Romania () (2022)

Latest Data

Trade between Romania () and Italy ()

Romania Exports

Italy Exports

Market Competitiveness

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

Comparative Advantage Romania - Italy

Service Trade

Bilateral Service Trade

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

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

Economic Complexity

Competitive Landscape

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

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