2022
Exports
$827MWorld Rnk 37 / 210
Flag Rnk 19 / 96
2022
PRODUCT COMPLEXITY IN Animal or vegetable fats, oils, & waxes
0.8Rnk 244 / 1025
2022
Imports
$1.04BWorld Rnk 39 / 224
Flag Rnk 26 / 96
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $827M in Animal or vegetable fats, oils, & waxes, making it the 37th largest exporter of Animal or vegetable fats, oils, & waxes in the world. At the same year, Animal or vegetable fats, oils, & waxes was the 19th most exported product in Romania. The main destination of Animal or vegetable fats, oils, & waxes exports from Romania are: Bulgaria ($162M), France ($98.1M), Poland ($84.3M), Spain ($72M), and Italy ($54.7M).

The fastest growing export markets for Animal or vegetable fats, oils, & waxes of Romania between 2021 and 2022 were France ($95.7M), Bulgaria ($81.9M), and Spain ($57.8M).

Imports In 2022, Romania imported $1.04B in Animal or vegetable fats, oils, & waxes, becoming the 39th largest importer of Animal or vegetable fats, oils, & waxes in the world. At the same year, Animal or vegetable fats, oils, & waxes was the 26th most imported product in Romania. Romania imports Animal or vegetable fats, oils, & waxes primarily from: Ukraine ($430M), China ($150M), Bulgaria ($81.5M), Moldova ($78.2M), and Netherlands ($50.4M).

The fastest growing import markets in Animal or vegetable fats, oils, & waxes for Romania between 2021 and 2022 were Ukraine ($414M), China ($120M), and Moldova ($64.8M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Animal or vegetable fats, oils, & waxes. 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)$827M
IMPORTS (2022)$1.04B
NET TRADE (2022)-$217M

In 2022, Romania exported $827M in Animal or vegetable fats, oils, & waxes. The main destinations of Romania exports on Animal or vegetable fats, oils, & waxes were Bulgaria ($162M), France ($98.1M), Poland ($84.3M), Spain ($72M), and Italy ($54.7M).

In 2022, Romania imported $1.04B in Animal or vegetable fats, oils, & waxes, mainly from Ukraine ($430M), China ($150M), Bulgaria ($81.5M), Moldova ($78.2M), and Netherlands ($50.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal or vegetable fats, oils, & waxes EXPORT MARKETS FOR Romania WERE (2021 - 2022):
France$95.7M (3.96k%)
Bulgaria$81.9M (103%)
Spain$57.8M (405%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal or vegetable fats, oils, & waxes BY Romania WERE (2021 - 2022):
China-$22.2M (-95.5%)
Hungary-$12M (-21.8%)
Egypt-$10.9M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Romania's main exporting competitors in Animal or vegetable fats, oils, & waxes were:
In 2022, Romania's main importing competitors in Animal or vegetable fats, oils, & waxes were:

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Trade Value of Animal or vegetable fats, oils, & waxes by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $15.5M
TOP IMPORT POTENTIALUkraine+ $36.9M

Animal or vegetable fats, oils, & waxes’s highest export potential is Germany. With an export gap of $15.5M.   Animal or vegetable fats, oils, & waxes’s highest import potential is Ukraine with an import gap of $36.9M.

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