2022
Exports
$65.4MWorld Rnk 31 / 156
Flag Rnk 215 / 1204
2022
PRODUCT COMPLEXITY IN Iron Wire
-0.35Rnk 661 / 1025
2022
Imports
$216MWorld Rnk 11 / 216
Flag Rnk 156 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $65.4M in Iron Wire, making it the 31st largest exporter of Iron Wire in the world. At the same year, Iron Wire was the 215th most exported product in Romania. The main destination of Iron Wire exports from Romania are: Czechia ($9.85M), Germany ($8.97M), Poland ($7.93M), Slovakia ($6.72M), and Luxembourg ($4.82M).

The fastest growing export markets for Iron Wire of Romania between 2021 and 2022 were Czechia ($3.34M), Latvia ($3.24M), and Canada ($1.63M).

Imports In 2022, Romania imported $216M in Iron Wire, becoming the 11th largest importer of Iron Wire in the world. At the same year, Iron Wire was the 156th most imported product in Romania. Romania imports Iron Wire primarily from: France ($91.6M), China ($33.1M), Czechia ($17M), Slovakia ($13.6M), and Italy ($12.6M).

The fastest growing import markets in Iron Wire for Romania between 2021 and 2022 were China ($19.1M), France ($12M), and Czechia ($3.2M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron Wire. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$65.4M
IMPORTS (2022)$216M
NET TRADE (2022)-$150M

In 2022, Romania exported $65.4M in Iron Wire. The main destinations of Romania exports on Iron Wire were Czechia ($9.85M), Germany ($8.97M), Poland ($7.93M), Slovakia ($6.72M), and Luxembourg ($4.82M).

In 2022, Romania imported $216M in Iron Wire, mainly from France ($91.6M), China ($33.1M), Czechia ($17M), Slovakia ($13.6M), and Italy ($12.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Wire EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Czechia$3.34M (51.2%)
Latvia$3.24M (580%)
Canada$1.63M (119%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Wire BY Romania WERE (2021 - 2022):
Hungary-$5M (-57.1%)
Germany-$2.17M (-19.5%)
Serbia-$1.17M (-54.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Iron Wire were:
In 2022, Romania's main importing competitors in Iron Wire were:

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Trade Value of Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.16M
TOP IMPORT POTENTIALChina+ $11M

Iron Wire’s highest export potential is Germany. With an export gap of $3.16M.   Iron Wire’s highest import potential is China with an import gap of $11M.

See methodology.

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