2022
Flag  
GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
Flag
 GDP
$192BCURRENT US$
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2012-2022
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GDP GROWTH
-8.2%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
$4,274CURRENT US$
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2012-2022
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GDP PC GROWTH
-23.8%CURRENT US$
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About

Romania-Algeria Trade: In 2022, Romania exported $425M to Algeria. The main products that Romania exported to Algeria were Wheat ($331M), Barley ($17.4M), and Refined Petroleum ($8.78M). Over the past 5 years the exports of Romania to Algeria have decreased at an annualized rate of 13.3%, from $867M in 2017 to $425M in 2022.

In 2022, Romania did not export any services to Algeria.

Algeria-Romania Trade: In 2022, Algeria exported $41M to Romania. The main products that Algeria exported to Romania were Nitrogenous Fertilizers ($17.9M), Hot-Rolled Iron Bars ($8.72M), and Raw Iron Bars ($7.53M). Over the past 5 years the exports of Algeria to Romania have increased at an annualized rate of 33.5%,  from $9.67M in 2017 to $41M in 2022.

In 2022, Algeria did not export any services to Romania.

Comparison: In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). That same year, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $425M to Algeria. The main products exported from Romania to Algeria were Wheat ($331M), Barley ($17.4M), and Refined Petroleum ($8.78M). During the last 5 years the exports of Romania to Algeria have decreased at an annualized rate of 13.3%, from $867M in 2017 to $425M in 2022.

In 2017, Algeria exported $41M to Romania. The main products exported from Algeria to Romania were Nitrogenous Fertilizers ($17.9M), Hot-Rolled Iron Bars ($8.72M), and Raw Iron Bars ($7.53M). During the last 5 years the exports of Algeria to Romania have increased at an annualized rate of 33.5%, from $9.67M in 2022 to $41M in 2017.

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

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

Latest Data

Trade between Romania (Flag) and Algeria (Flag)

Romania Exports

Algeria Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Algeria
Top Destination
Italy$16.9B

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

In 2022, countries that imported more from Romania than Algeria included Germany ($18.8B), Hungary ($6.75B), and Bulgaria ($3.9B).

In 2022, countries that imported more from Algeria than Romania included Italy ($16.9B), Spain ($7.11B), and South Korea ($2.96B).

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

Comparative Advantage Romania - Algeria

Flow
Scale

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

During 2022, Romania had a large net trade with Algeria in the exports of Vegetable Products ($348M), Machines ($19.5M), and Metals ($18.3M).

During 2017, Algeria had a large net trade with Romania in the exports of Chemical Products ($17.9M), Metals ($17.4M), and Mineral Products ($5.64M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Algeria+$9.05MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Algeria Romania+$20.7MPetroleum Gas

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Romania and Algeria. This means that a dot/product with the flag of Romania indicates it has a comparative advantage over Algeria. Similarly, a dot/product with the flag of Algeria indicates it has a comparative advantage over Romania.

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

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