Exports In 2021, Romania exported $1.18B in Hot-Rolled Iron, making it the 18th largest exporter of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 12th most exported product in Romania. The main destination of Hot-Rolled Iron exports from Romania are: Italy ($200M), Bulgaria ($156M), Turkey ($129M), North Macedonia ($117M), and Austria ($76M).
The fastest growing export markets for Hot-Rolled Iron of Romania between 2020 and 2021 were Italy ($158M), Bulgaria ($65.1M), and Austria ($59M).
Imports In 2021, Romania imported $302M in Hot-Rolled Iron, becoming the 47th largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 87th most imported product in Romania. Romania imports Hot-Rolled Iron primarily from: Ukraine ($70.1M), Bulgaria ($33.4M), Italy ($24.2M), Slovakia ($19.6M), and Austria ($18.3M).
The fastest growing import markets in Hot-Rolled Iron for Romania between 2020 and 2021 were Ukraine ($36.7M), Bulgaria ($19.2M), and India ($15.6M).
Tariffs In 2005, the average tariff for Romania in Hot-Rolled Iron was 16.2%. The countries with the highest import tariffs for Hot-Rolled Iron were Burundi (Most Favoured Nation duty rate treatment, 19%), Burkina Faso (Most Favoured Nation duty rate treatment, 19%), Botswana (Most Favoured Nation duty rate treatment, 19%), Central African Republic (Most Favoured Nation duty rate treatment, 19%), and Cote d'Ivoire (Most Favoured Nation duty rate treatment, 19%).