Thailand (THA) and Romania (ROU) Trade | The Observatory of Economic Complexity

Thailand-Romania Trade: In 2022, Thailand exported $292M to Romania. The main products that Thailand exported to Romania were N/A. Over the past 5 years the exports of Thailand to Romania have increased at an annualized rate of 10.9%, from $174M in 2017 to $292M in 2022.

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

Romania-Thailand Trade: In 2022, Romania exported $77.6M to Thailand. The main products that Romania exported to Thailand were Motor vehicles; parts and accessories (8701 to 8705) ($6.43M), Iron Powder ($4.99M), and Rubber Pipes ($3.02M). Over the past 5 years the exports of Romania to Thailand have decreased at an annualized rate of 1.39%, from $83.2M in 2017 to $77.6M in 2022.

In 2020, Romania exported services to Thailand worth $9.37M, with Computer and information services ($3.77M), Other business services ($3.08M), and Transportation ($1.6M) being the largest in terms of value.

Comparison: In 2022, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Latest Data

Trade between Thailand () and Romania ()

Thailand Exports

Date

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Thailand
Top DestinationUnited States$53.4B

Romania
Top DestinationGermany$18.8B

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

In 2022, countries that imported more from Thailand than Romania included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Difference in imports from Romania () and Thailand () (2022)

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Thailand Romania+$35.3MTelephones

Top Product Potential Romania Thailand+$19.8MMotor 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

Rou Year

Service trade data is presented based on availability.

Services Exports from Romania () to Thailand () (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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Historical Data

Latest Data

Trade between Thailand () and Romania ()

Thailand Exports

Romania Exports

Market Competitiveness

Difference in imports from Romania () and Thailand () (2022)

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Romania () to Thailand () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Thailand () and Romania () (NaN)

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