Romania / Singapore

Romania-Singapore Trade: In 2022, Romania exported $172M to Singapore. The main products that Romania exported to Singapore were Gas Turbines ($72.9M), Ball Bearings ($7.72M), and Rubber Tires ($7.15M). Over the past 5 years the exports of Romania to Singapore have increased at an annualized rate of 21.1%, from $65.9M in 2017 to $172M in 2022.

In 2020, Romania exported services to Singapore worth $247M, with Computer and information services ($212M), Other business services ($25.5M), and Transportation ($3.54M) being the largest in terms of value.

Singapore-Romania Trade: In 2022, Singapore exported $151M to Romania. The main products that Singapore exported to Romania were Integrated Circuits ($82.4M), Broadcasting Equipment ($7.6M), and Uncoated Paper ($5.74M). Over the past 5 years the exports of Singapore to Romania have increased at an annualized rate of 16.7%,  from $59.6M in 2017 to $151M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).