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Pricing

2022
Flag → Flag
Exports $65.4MRnk 86 / 168
2022
Flag → Flag
Top Product $43.9MSoybean Meal
2022
Flag → Flag
Exports $96.8MRnk 66 / 196
2022
Flag → Flag
Top Product $21.5MMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
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Economic Complexity (ECI) ECI 1.03Rnk 26 / 133
2022
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GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
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GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
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 GDP$301BCURRENT US$
Rnk 44 / 186
2012-2022
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GDP GROWTH68.2%CURRENT US$
Rnk 30 / 186
2022
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GDP PC $13,686CURRENT US$
Rnk 65 / 186
2012-2022
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GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186
2022
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GDP PC$15,892CURRENT US$
Rnk 60 / 186
2012-2022
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GDP PC GROWTH77.9%CURRENT US$
Rnk 16 / 186

About

Argentina-Romania Trade: In 2022, Argentina exported $65.4M to Romania. The main products that Argentina exported to Romania were Soybean Meal ($43.9M), Iron Pipes ($6.89M), and Ground Nuts ($3.73M). Over the past 5 years the exports of Argentina to Romania have decreased at an annualized rate of 4.34%, from $81.7M in 2017 to $65.4M in 2022.

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

Romania-Argentina Trade: In 2022, Romania exported $96.8M to Argentina. The main products that Romania exported to Argentina were Motor vehicles; parts and accessories (8701 to 8705) ($21.5M), Electrical Lighting and Signalling Equipment ($6.16M), and Other Isotopes ($5.39M). Over the past 5 years the exports of Romania to Argentina have increased at an annualized rate of 6.33%,  from $71.2M in 2017 to $96.8M in 2022.

In 2020, Romania exported services to Argentina worth $2.06M, with Other business services ($1.14M), Computer and information services ($457k), and Transportation ($228k) being the largest in terms of value.

Comparison: In 2022,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B). 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, Argentina exported $65.4M to Romania. The main products exported from Argentina to Romania were Soybean Meal ($43.9M), Iron Pipes ($6.89M), and Ground Nuts ($3.73M). During the last 5 years the exports of Argentina to Romania have decreased at an annualized rate of 4.34%, from $81.7M in 2017 to $65.4M in 2022.

In 2017, Romania exported $96.8M to Argentina. The main products exported from Romania to Argentina were Motor vehicles; parts and accessories (8701 to 8705) ($21.5M), Electrical Lighting and Signalling Equipment ($6.16M), and Other Isotopes ($5.39M). During the last 5 years the exports of Romania to Argentina have increased at an annualized rate of 6.33%, from $71.2M in 2022 to $96.8M in 2017.

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

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

Latest Data

Trade between Argentina (Flag) and Romania (Flag)

Argentina Exports

Romania Exports

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.6B
Romania
Top DestinationGermany$18.8B

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

In 2022, countries that imported more from Argentina than Romania included Brazil ($12.6B), China ($8B), and Chile ($5.11B).

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

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

Comparative Advantage Argentina - Romania

Flow
Scale

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

During 2022, Argentina had a large net trade with Romania in the exports of Foodstuffs ($44.7M), Metals ($7.16M), and Vegetable Products ($5.94M).

During 2017, Romania had a large net trade with Argentina in the exports of Machines ($37.4M), Transportation ($21.6M), and Instruments ($11.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Romania+$3.28MSoybean Meal
Top Product Potential Romania Argentina+$20MMotor vehicles; parts and accessories (8701 to 8705)

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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Bilateral Service Trade

In 2020, Romania exported services to Argentina worth $2.06M, with Other business services ($1.14M), Computer and information services ($457k), and Transportation ($228k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania (Flag) to Argentina (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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