2022
Exports
$103MWorld Rnk 15 / 139
Flag Rnk 163 / 1204
2022
PRODUCT COMPLEXITY IN Soybeans
-1.62Rnk 963 / 1025
2022
Imports
$206MWorld Rnk 32 / 200
Flag Rnk 161 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $103M in Soybeans, making it the 15th largest exporter of Soybeans in the world. At the same year, Soybeans was the 163rd most exported product in Romania. The main destination of Soybeans exports from Romania are: Italy ($27.6M), Germany ($20.4M), France ($12.5M), Hungary ($11.9M), and Austria ($11.4M).

The fastest growing export markets for Soybeans of Romania between 2021 and 2022 were Italy ($15.3M), France ($12.4M), and Germany ($10.1M).

Imports In 2022, Romania imported $206M in Soybeans, becoming the 32nd largest importer of Soybeans in the world. At the same year, Soybeans was the 161st most imported product in Romania. Romania imports Soybeans primarily from: Brazil ($84.2M), Ukraine ($83.9M), United States ($15.3M), Slovakia ($7.42M), and Netherlands ($4.51M).

The fastest growing import markets in Soybeans for Romania between 2021 and 2022 were Ukraine ($80.2M), Brazil ($23.7M), and Slovakia ($7.41M).

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 Soybeans. 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)$103M
IMPORTS (2022)$206M
NET TRADE (2022)-$103M

In 2022, Romania exported $103M in Soybeans. The main destinations of Romania exports on Soybeans were Italy ($27.6M), Germany ($20.4M), France ($12.5M), Hungary ($11.9M), and Austria ($11.4M).

In 2022, Romania imported $206M in Soybeans, mainly from Brazil ($84.2M), Ukraine ($83.9M), United States ($15.3M), Slovakia ($7.42M), and Netherlands ($4.51M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Italy$15.3M (125%)
France$12.4M (18.1k%)
Germany$10.1M (97.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Romania WERE (2021 - 2022):
Russia-$29.8M (-96.2%)
Norway-$23.3M (-100%)
Netherlands-$1.47M (-78.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Soybeans were:
In 2022, Romania's main importing competitors in Soybeans were:
China $54.1B
Mexico $4.08B
Japan $2.47B

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Trade Value of Soybeans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $5.13M
TOP IMPORT POTENTIALBrazil+ $37.9M

Soybeans’s highest export potential is Turkey. With an export gap of $5.13M.   Soybeans’s highest import potential is Brazil with an import gap of $37.9M.

See methodology.

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