2023
Exports
$26.2MWorld Rnk 24 / 103
Flag Rnk 335 / 1203
2023
PRODUCT COMPLEXITY IN Flat-Rolled Iron
1.13Rnk 135 / 1025
2023
Imports
$51.5MWorld Rnk 25 / 189
Flag Rnk 401 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $26.2M in Flat-Rolled Iron, making it the 24th largest exporter of Flat-Rolled Iron in the world. At the same year, Flat-Rolled Iron was the 335th most exported product in Romania. The main destination of Flat-Rolled Iron exports from Romania are: Poland ($7.92M), Czechia ($6.41M), Slovakia ($2.35M), Turkey ($2.33M), and Spain ($1.12M).

The fastest growing export markets for Flat-Rolled Iron of Romania between 2022 and 2023 were Latvia ($715k), Bulgaria ($235k), and Switzerland ($233k).

Imports In 2023, Romania imported $51.5M in Flat-Rolled Iron, becoming the 25th largest importer of Flat-Rolled Iron in the world. At the same year, Flat-Rolled Iron was the 401st most imported product in Romania. Romania imports Flat-Rolled Iron primarily from: Turkey ($22.7M), Germany ($17.7M), South Korea ($4.24M), Slovakia ($3.25M), and Italy ($903k).

The fastest growing import markets in Flat-Rolled Iron for Romania between 2022 and 2023 were South Korea ($1.62M), Finland ($655k), and China ($86.2k).

Latest Trends

Dec 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 Flat-Rolled Iron. 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 (2023)$26.2M
IMPORTS (2023)$51.5M
NET TRADE (2023)-$25.3M

In 2023, Romania exported $26.2M in Flat-Rolled Iron. The main destinations of Romania exports on Flat-Rolled Iron were Poland ($7.92M), Czechia ($6.41M), Slovakia ($2.35M), Turkey ($2.33M), and Spain ($1.12M).

In 2023, Romania imported $51.5M in Flat-Rolled Iron, mainly from Turkey ($22.7M), Germany ($17.7M), South Korea ($4.24M), Slovakia ($3.25M), and Italy ($903k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Flat-Rolled Iron EXPORT MARKETS FOR Romania WERE (2022 - 2023):
Latvia$715k (200%)
Bulgaria$235k (51.9%)
Switzerland$233k (3.59k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat-Rolled Iron BY Romania WERE (2022 - 2023):
Poland-$11.3M (-58.8%)
Czechia-$2.49M (-27.9%)
Turkey-$2.39M (-50.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Romania's main exporting competitors in Flat-Rolled Iron were:
In 2023, Romania's main importing competitors in Flat-Rolled Iron were:

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Trade Value of Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.84M
TOP IMPORT POTENTIALGermany+ $1.36M

Flat-Rolled Iron’s highest export potential is Germany. With an export gap of $1.84M.   Flat-Rolled Iron’s highest import potential is Germany with an import gap of $1.36M.

See methodology.

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