2022
Exports
$69.1MWorld Rnk 56 / 199
Flag Rnk 67 / 96
2022
PRODUCT COMPLEXITY IN Cotton
-0.55Rnk 715 / 1025
2022
Imports
$297MWorld Rnk 38 / 220
Flag Rnk 59 / 96
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $69.1M in Cotton, making it the 56th largest exporter of Cotton in the world. At the same year, Cotton was the 67th most exported product in Romania. The main destination of Cotton exports from Romania are: Austria ($28M), Moldova ($6.57M), Germany ($5.79M), Bulgaria ($5.21M), and Italy ($4.8M).

The fastest growing export markets for Cotton of Romania between 2021 and 2022 were Germany ($3.91M), Moldova ($1.8M), and North Macedonia ($1.75M).

Imports In 2022, Romania imported $297M in Cotton, becoming the 38th largest importer of Cotton in the world. At the same year, Cotton was the 59th most imported product in Romania. Romania imports Cotton primarily from: Italy ($86.9M), Germany ($49.2M), Turkey ($30.1M), Austria ($21.8M), and India ($16.9M).

The fastest growing import markets in Cotton for Romania between 2021 and 2022 were Austria ($10.6M), India ($7.57M), and Egypt ($6.36M).

COMPANIES In 2023, leading companies such as IKEA Group (13) and LG Electronics (1) were at the forefront of shipping Cotton 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 Cotton. 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)$69.1M
IMPORTS (2022)$297M
NET TRADE (2022)-$228M

In 2022, Romania exported $69.1M in Cotton. The main destinations of Romania exports on Cotton were Austria ($28M), Moldova ($6.57M), Germany ($5.79M), Bulgaria ($5.21M), and Italy ($4.8M).

In 2022, Romania imported $297M in Cotton, mainly from Italy ($86.9M), Germany ($49.2M), Turkey ($30.1M), Austria ($21.8M), and India ($16.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cotton EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Germany$3.91M (208%)
Moldova$1.8M (37.8%)
North Macedonia$1.75M (226k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cotton BY Romania WERE (2021 - 2022):
Austria-$13.9M (-33.1%)
France-$3.01M (-80.2%)
Netherlands-$781k (-48.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Cotton were:
In 2022, Romania's main importing competitors in Cotton were:

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Trade Value of Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $2.07M
TOP IMPORT POTENTIALChina+ $11.3M

Cotton’s highest export potential is Italy. With an export gap of $2.07M.   Cotton’s highest import potential is China with an import gap of $11.3M.

See methodology.

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