Romania / Belgium

Romania-Belgium Trade: In 2022, Romania exported $1.92B to Belgium. The main products that Romania exported to Belgium were Insulated Wire ($185M), Cars ($164M), and Rapeseed ($138M). Over the past 5 years the exports of Romania to Belgium have increased at an annualized rate of 6.8%, from $1.38B in 2017 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 Trade: 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). Over the past 5 years the exports of Belgium to Romania have increased at an annualized rate of 2.12%,  from $1.81B in 2017 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 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).