2022
Exports
$132MWorld Rnk 27 / 177
Flag Rnk 138 / 1204
2022
PRODUCT COMPLEXITY IN Iron Blocks
-0.42Rnk 679 / 1025
2022
Imports
$243MWorld Rnk 24 / 219
Flag Rnk 132 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $132M in Iron Blocks, making it the 27th largest exporter of Iron Blocks in the world. At the same year, Iron Blocks was the 138th most exported product in Romania. The main destination of Iron Blocks exports from Romania are: Hungary ($40.4M), Italy ($20.8M), Turkey ($11.2M), Bulgaria ($9.93M), and Serbia ($7.47M).

The fastest growing export markets for Iron Blocks of Romania between 2021 and 2022 were Austria ($2.6M), Italy ($2.51M), and Slovenia ($1.76M).

Imports In 2022, Romania imported $243M in Iron Blocks, becoming the 24th largest importer of Iron Blocks in the world. At the same year, Iron Blocks was the 132nd most imported product in Romania. Romania imports Iron Blocks primarily from: Turkey ($79.1M), Poland ($39.4M), Spain ($27.6M), Italy ($23.1M), and China ($18.1M).

The fastest growing import markets in Iron Blocks for Romania between 2021 and 2022 were Turkey ($27.6M), China ($6.72M), and Spain ($4.32M).

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 Iron Blocks. 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)$132M
IMPORTS (2022)$243M
NET TRADE (2022)-$111M

In 2022, Romania exported $132M in Iron Blocks. The main destinations of Romania exports on Iron Blocks were Hungary ($40.4M), Italy ($20.8M), Turkey ($11.2M), Bulgaria ($9.93M), and Serbia ($7.47M).

In 2022, Romania imported $243M in Iron Blocks, mainly from Turkey ($79.1M), Poland ($39.4M), Spain ($27.6M), Italy ($23.1M), and China ($18.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Blocks EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Austria$2.6M (323%)
Italy$2.51M (13.7%)
Slovenia$1.76M (126%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Blocks BY Romania WERE (2021 - 2022):
Serbia-$6.3M (-45.7%)
Bulgaria-$4.74M (-32.3%)
Poland-$4.67M (-44.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Iron Blocks were:
China $2.83B
Spain $2.24B
Germany $2.07B
In 2022, Romania's main importing competitors in Iron Blocks were:

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Trade Value of Iron Blocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $3.52M
TOP IMPORT POTENTIALChina+ $10.1M

Iron Blocks’s highest export potential is Turkey. With an export gap of $3.52M.   Iron Blocks’s highest import potential is China with an import gap of $10.1M.

See methodology.

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