2022
Exports
$13MWorld Rnk 33 / 124
Flag Rnk 441 / 1204
2022
PRODUCT COMPLEXITY IN Large Flat-Rolled Iron
0.61Rnk 318 / 1025
2022
Imports
$82.6MWorld Rnk 22 / 201
Flag Rnk 289 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $13M in Large Flat-Rolled Iron, making it the 33rd largest exporter of Large Flat-Rolled Iron in the world. At the same year, Large Flat-Rolled Iron was the 441st most exported product in Romania. The main destination of Large Flat-Rolled Iron exports from Romania are: Bulgaria ($2.69M), Slovenia ($2.38M), Hungary ($2.19M), Turkey ($1.85M), and Germany ($1.06M).

The fastest growing export markets for Large Flat-Rolled Iron of Romania between 2021 and 2022 were Slovenia ($1.88M), Hungary ($224k), and Netherlands ($191k).

Imports In 2022, Romania imported $82.6M in Large Flat-Rolled Iron, becoming the 22nd largest importer of Large Flat-Rolled Iron in the world. At the same year, Large Flat-Rolled Iron was the 289th most imported product in Romania. Romania imports Large Flat-Rolled Iron primarily from: Turkey ($22.1M), Slovakia ($19.3M), Italy ($13.2M), Germany ($12.2M), and Austria ($4M).

The fastest growing import markets in Large Flat-Rolled Iron for Romania between 2021 and 2022 were Slovakia ($4.24M), Austria ($1.84M), and Turkey ($920k).

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 Large Flat-Rolled Iron. 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)$13M
IMPORTS (2022)$82.6M
NET TRADE (2022)-$69.6M

In 2022, Romania exported $13M in Large Flat-Rolled Iron. The main destinations of Romania exports on Large Flat-Rolled Iron were Bulgaria ($2.69M), Slovenia ($2.38M), Hungary ($2.19M), Turkey ($1.85M), and Germany ($1.06M).

In 2022, Romania imported $82.6M in Large Flat-Rolled Iron, mainly from Turkey ($22.1M), Slovakia ($19.3M), Italy ($13.2M), Germany ($12.2M), and Austria ($4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Flat-Rolled Iron EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Slovenia$1.88M (378%)
Hungary$224k (11.4%)
Netherlands$191k (547%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Flat-Rolled Iron BY Romania WERE (2021 - 2022):
Turkey-$783k (-29.8%)
Germany-$520k (-32.8%)
Czechia-$411k (-83.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Large Flat-Rolled Iron were:
Germany $1.46B
Italy $674M
China $504M
In 2022, Romania's main importing competitors in Large Flat-Rolled Iron were:

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Trade Value of Large Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.11M
TOP IMPORT POTENTIALGermany+ $2.01M

Large Flat-Rolled Iron’s highest export potential is Germany. With an export gap of $1.11M.   Large Flat-Rolled Iron’s highest import potential is Germany with an import gap of $2.01M.

See methodology.

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