2022
Exports
$7.62MWorld Rnk 71 / 166
Flag Rnk 522 / 1204
2022
PRODUCT COMPLEXITY IN Concentrated Milk
-0.77Rnk 774 / 1025
2022
Imports
$58.2MWorld Rnk 68 / 224
Flag Rnk 350 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $7.62M in Concentrated Milk, making it the 71st largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 522nd most exported product in Romania. The main destination of Concentrated Milk exports from Romania are: Greece ($3.41M), Bulgaria ($2.92M), Spain ($240k), Netherlands ($203k), and Hungary ($181k).

The fastest growing export markets for Concentrated Milk of Romania between 2021 and 2022 were Bulgaria ($627k), Spain ($86.8k), and Moldova ($79.9k).

Imports In 2022, Romania imported $58.2M in Concentrated Milk, becoming the 68th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 350th most imported product in Romania. Romania imports Concentrated Milk primarily from: Poland ($12.3M), Ireland ($9.6M), Netherlands ($6.39M), Germany ($4.66M), and Belgium ($3.71M).

The fastest growing import markets in Concentrated Milk for Romania between 2021 and 2022 were Lithuania ($2.11M), Greece ($1.94M), and Belgium ($1.79M).

COMPANIES In 2023, leading companies such as IKEA Group (8) were at the forefront of shipping Concentrated Milk from Romania to the United States.

Latest Trends

Sep 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 Concentrated Milk. 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)$7.62M
IMPORTS (2022)$58.2M
NET TRADE (2022)-$50.6M

In 2022, Romania exported $7.62M in Concentrated Milk. The main destinations of Romania exports on Concentrated Milk were Greece ($3.41M), Bulgaria ($2.92M), Spain ($240k), Netherlands ($203k), and Hungary ($181k).

In 2022, Romania imported $58.2M in Concentrated Milk, mainly from Poland ($12.3M), Ireland ($9.6M), Netherlands ($6.39M), Germany ($4.66M), and Belgium ($3.71M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Bulgaria$627k (27.4%)
Spain$86.8k (56.8%)
Moldova$79.9k (188%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Romania WERE (2021 - 2022):
Greece-$3.55M (-51%)
Poland-$605k (-79.8%)
China-$347k (-84%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Concentrated Milk were:
In 2022, Romania's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $389k
TOP IMPORT POTENTIALGermany+ $3.01M

Concentrated Milk’s highest export potential is Netherlands. With an export gap of $389k.   Concentrated Milk’s highest import potential is Germany with an import gap of $3.01M.

See methodology.

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