2018
Exports
$1.04MWorld Rnk 45 / 104
Flag Rnk 838 / 1204
2022
PRODUCT COMPLEXITY IN Stainless Steel Ingots
1.08Rnk 143 / 1025
2018
Imports
$2.66MWorld Rnk 40 / 180
Flag Rnk 930 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2018, Romania exported $1.04M in Stainless Steel Ingots, making it the 45th largest exporter of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 838th most exported product in Romania. The main destination of Stainless Steel Ingots exports from Romania are: Germany ($426k), Austria ($350k), Italy ($149k), Sweden ($43.6k), and Switzerland ($42.9k).

The fastest growing export markets for Stainless Steel Ingots of Romania between 2021 and 2022 were Germany ($412k), Sweden ($43.6k), and Switzerland ($42.9k).

Imports In 2022, Romania imported $2.66M in Stainless Steel Ingots, becoming the 40th largest importer of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 930th most imported product in Romania. Romania imports Stainless Steel Ingots primarily from: Italy ($1.07M), Spain ($578k), Germany ($360k), Czechia ($199k), and United States ($146k).

The fastest growing import markets in Stainless Steel Ingots for Romania between 2021 and 2022 were Italy ($512k), Spain ($463k), and Germany ($93.3k).

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 Stainless Steel Ingots. 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)$1.04M
IMPORTS (2022)$2.66M
NET TRADE (2022)-$1.62M

In 2022, Romania exported $1.04M in Stainless Steel Ingots. The main destinations of Romania exports on Stainless Steel Ingots were Germany ($426k), Austria ($350k), Italy ($149k), Sweden ($43.6k), and Switzerland ($42.9k).

In 2022, Romania imported $2.66M in Stainless Steel Ingots, mainly from Italy ($1.07M), Spain ($578k), Germany ($360k), Czechia ($199k), and United States ($146k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Ingots EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Germany$412k (3.09k%)
Sweden$43.6k (1%)
Switzerland$42.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Ingots BY Romania WERE (2021 - 2022):
Austria-$392k (-52.9%)
Spain-$237k (-100%)
Bulgaria-$46.1k (-79.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Stainless Steel Ingots were:
In 2022, Romania's main importing competitors in Stainless Steel Ingots were:
China $3.12B
India $641M

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Trade Value of Stainless Steel Ingots by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $113k
TOP IMPORT POTENTIALItaly+ $150k

Stainless Steel Ingots’s highest export potential is Italy. With an export gap of $113k.   Stainless Steel Ingots’s highest import potential is Italy with an import gap of $150k.

See methodology.

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