2022
Exports
$111MWorld Rnk 18 / 141
Flag Rnk 154 / 1204
2022
PRODUCT COMPLEXITY IN Inedible Fats and Oils
-0.34Rnk 660 / 1025
2022
Imports
$152MWorld Rnk 16 / 186
Flag Rnk 187 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $111M in Inedible Fats and Oils, making it the 18th largest exporter of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 154th most exported product in Romania. The main destination of Inedible Fats and Oils exports from Romania are: Bulgaria ($90.8M), Hungary ($7.78M), Italy ($5.7M), Poland ($1.74M), and Slovakia ($1.59M).

The fastest growing export markets for Inedible Fats and Oils of Romania between 2021 and 2022 were Bulgaria ($70.4M), Italy ($3.03M), and Hungary ($2.8M).

Imports In 2022, Romania imported $152M in Inedible Fats and Oils, becoming the 16th largest importer of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 187th most imported product in Romania. Romania imports Inedible Fats and Oils primarily from: China ($148M), Poland ($1.42M), Italy ($621k), Austria ($593k), and Hungary ($433k).

The fastest growing import markets in Inedible Fats and Oils for Romania between 2021 and 2022 were China ($119M), Poland ($1.07M), and Ukraine ($147k).

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 Inedible Fats and Oils. 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)$111M
IMPORTS (2022)$152M
NET TRADE (2022)-$41.3M

In 2022, Romania exported $111M in Inedible Fats and Oils. The main destinations of Romania exports on Inedible Fats and Oils were Bulgaria ($90.8M), Hungary ($7.78M), Italy ($5.7M), Poland ($1.74M), and Slovakia ($1.59M).

In 2022, Romania imported $152M in Inedible Fats and Oils, mainly from China ($148M), Poland ($1.42M), Italy ($621k), Austria ($593k), and Hungary ($433k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inedible Fats and Oils EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Bulgaria$70.4M (345%)
Italy$3.03M (114%)
Hungary$2.8M (56.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inedible Fats and Oils BY Romania WERE (2021 - 2022):
Austria-$668k (-32.8%)
Germany-$227k (-92.2%)
Greece-$128k (-83.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Inedible Fats and Oils were:
In 2022, Romania's main importing competitors in Inedible Fats and Oils were:

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Trade Value of Inedible Fats and Oils by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALNetherlands+ $3M
TOP IMPORT POTENTIALPoland+ $1.49M

Inedible Fats and Oils’s highest export potential is Netherlands. With an export gap of $3M.   Inedible Fats and Oils’s highest import potential is Poland with an import gap of $1.49M.

See methodology.

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