2022
Exports
$1.92MWorld Rnk 57 / 145
Flag Rnk 763 / 1204
2022
PRODUCT COMPLEXITY IN Carboxylic Acids
0.82Rnk 239 / 1025
2022
Imports
$29.5MWorld Rnk 53 / 203
Flag Rnk 498 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $1.92M in Carboxylic Acids, making it the 57th largest exporter of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 763rd most exported product in Romania. The main destination of Carboxylic Acids exports from Romania are: Germany ($1.14M), Moldova ($203k), Hungary ($124k), Netherlands ($95.6k), and Spain ($73.9k).

The fastest growing export markets for Carboxylic Acids of Romania between 2021 and 2022 were Germany ($747k), Netherlands ($85.5k), and Spain ($67.5k).

Imports In 2022, Romania imported $29.5M in Carboxylic Acids, becoming the 53rd largest importer of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 498th most imported product in Romania. Romania imports Carboxylic Acids primarily from: Bulgaria ($4.86M), China ($4.54M), Austria ($3.53M), Germany ($2.59M), and Poland ($2.28M).

The fastest growing import markets in Carboxylic Acids for Romania between 2021 and 2022 were Bulgaria ($4.55M), China ($2.68M), and Germany ($970k).

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 Carboxylic Acids. 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)$1.92M
IMPORTS (2022)$29.5M
NET TRADE (2022)-$27.5M

In 2022, Romania exported $1.92M in Carboxylic Acids. The main destinations of Romania exports on Carboxylic Acids were Germany ($1.14M), Moldova ($203k), Hungary ($124k), Netherlands ($95.6k), and Spain ($73.9k).

In 2022, Romania imported $29.5M in Carboxylic Acids, mainly from Bulgaria ($4.86M), China ($4.54M), Austria ($3.53M), Germany ($2.59M), and Poland ($2.28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carboxylic Acids EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Germany$747k (190%)
Netherlands$85.5k (849%)
Spain$67.5k (1.05k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carboxylic Acids BY Romania WERE (2021 - 2022):
Moldova-$100k (-33.1%)
Austria-$31k (-100%)
Croatia-$16.5k (-62.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Carboxylic Acids were:
China $5.45B
India $776M
In 2022, Romania's main importing competitors in Carboxylic Acids were:

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Trade Value of Carboxylic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $431k
TOP IMPORT POTENTIALChina+ $3.79M

Carboxylic Acids’s highest export potential is Germany. With an export gap of $431k.   Carboxylic Acids’s highest import potential is China with an import gap of $3.79M.

See methodology.

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