2022
Exports
$1.86MWorld Rnk 47 / 157
Flag Rnk 769 / 1204
2022
PRODUCT COMPLEXITY IN Silicone
1.72Rnk 20 / 1025
2022
Imports
$50MWorld Rnk 36 / 215
Flag Rnk 385 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $1.86M in Silicone, making it the 47th largest exporter of Silicone in the world. At the same year, Silicone was the 769th most exported product in Romania. The main destination of Silicone exports from Romania are: Germany ($614k), Finland ($212k), Russia ($147k), South Africa ($121k), and Hungary ($82.7k).

The fastest growing export markets for Silicone of Romania between 2021 and 2022 were Russia ($134k), Germany ($58.6k), and Vietnam ($43.1k).

Imports In 2022, Romania imported $50M in Silicone, becoming the 36th largest importer of Silicone in the world. At the same year, Silicone was the 385th most imported product in Romania. Romania imports Silicone primarily from: Germany ($25.8M), Japan ($3.62M), Italy ($3.4M), Belgium ($3.36M), and United Kingdom ($2.49M).

The fastest growing import markets in Silicone for Romania between 2021 and 2022 were Germany ($7.43M), United Kingdom ($1.22M), and China ($815k).

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 Silicone. 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)$1.86M
IMPORTS (2022)$50M
NET TRADE (2022)-$48.1M

In 2022, Romania exported $1.86M in Silicone. The main destinations of Romania exports on Silicone were Germany ($614k), Finland ($212k), Russia ($147k), South Africa ($121k), and Hungary ($82.7k).

In 2022, Romania imported $50M in Silicone, mainly from Germany ($25.8M), Japan ($3.62M), Italy ($3.4M), Belgium ($3.36M), and United Kingdom ($2.49M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicone EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Russia$134k (1.08k%)
Germany$58.6k (10.6%)
Vietnam$43.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicone BY Romania WERE (2021 - 2022):
Belgium-$520k (-89.8%)
China-$291k (-88.8%)
Italy-$168k (-80.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Silicone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $375k
TOP IMPORT POTENTIALChina+ $2.64M

Silicone’s highest export potential is Germany. With an export gap of $375k.   Silicone’s highest import potential is China with an import gap of $2.64M.

See methodology.

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