2022
Flag  
GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH
32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP
$301BCURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP GROWTH
68.2%CURRENT US$
Rnk 30 / 186
2022
Flag
GDP PC 
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC
$15,892CURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP PC GROWTH
77.9%CURRENT US$
Rnk 16 / 186

About

United Arab Emirates-Romania Trade: In 2022, United Arab Emirates exported $215M to Romania. The main products that United Arab Emirates exported to Romania were Barley ($59.7M), Acyclic Hydrocarbons ($34.7M), and Processed Tobacco ($22M). Over the past 5 years the exports of United Arab Emirates to Romania have increased at an annualized rate of 26.7%, from $65.9M in 2017 to $215M in 2022.

In 2022, United Arab Emirates did not export any services to Romania.

Romania-United Arab Emirates Trade: In 2022, Romania exported $508M to United Arab Emirates. The main products that Romania exported to United Arab Emirates were Wheat ($84.5M), Forage Crops ($51.3M), and Sawn Wood ($39.2M). Over the past 5 years the exports of Romania to United Arab Emirates have increased at an annualized rate of 5.45%,  from $390M in 2017 to $508M in 2022.

In 2022, Romania did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Arab Emirates exported $215M to Romania. The main products exported from United Arab Emirates to Romania were Barley ($59.7M), Acyclic Hydrocarbons ($34.7M), and Processed Tobacco ($22M). During the last 5 years the exports of United Arab Emirates to Romania have increased at an annualized rate of 26.7%, from $65.9M in 2017 to $215M in 2022.

In 2017, Romania exported $508M to United Arab Emirates. The main products exported from Romania to United Arab Emirates were Wheat ($84.5M), Forage Crops ($51.3M), and Sawn Wood ($39.2M). During the last 5 years the exports of Romania to United Arab Emirates have increased at an annualized rate of 5.45%, from $390M in 2022 to $508M in 2017.

Exports from United Arab Emirates (Flag) to Romania (Flag) (2022)

Exports from Romania (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Romania (Flag)

United Arab Emirates Exports

Romania Exports

Market Competitiveness

Color
United Arab Emirates
Top Destination
India$51B
Romania
Top Destination
Germany$18.8B

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

In 2022, countries that imported more from United Arab Emirates than Romania included India ($51B), Japan ($40.9B), and China ($32.5B).

In 2022, countries that imported more from Romania than United Arab Emirates included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

Difference in imports from Romania (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Romania

Flow
Scale

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

During 2022, United Arab Emirates had a large net trade with Romania in the exports of Vegetable Products ($60.5M), Chemical Products ($45.8M), and Foodstuffs ($25.5M).

During 2017, Romania had a large net trade with United Arab Emirates in the exports of Vegetable Products ($155M), Machines ($132M), and Wood Products ($46.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Romania+$9.18MCars
Top Product Potential Romania United Arab Emirates+$34.5MRefined Petroleum

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 United Arab Emirates and Romania. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Romania. Similarly, a dot/product with the flag of Romania indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Romania (Flag) (2022)

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