2023
Exports
$57.4MWorld Rnk 18 / 189
Flag Rnk 227 / 1203
2023
PRODUCT COMPLEXITY IN Iron Chains
1.48Rnk 48 / 1025
2023
Imports
$50.9MWorld Rnk 28 / 221
Flag Rnk 404 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $57.4M in Iron Chains, making it the 18th largest exporter of Iron Chains in the world. At the same year, Iron Chains was the 227th most exported product in Romania. The main destination of Iron Chains exports from Romania are: Germany ($43.4M), United Kingdom ($3.05M), Italy ($2.65M), Austria ($2.52M), and United States ($1.16M).

The fastest growing export markets for Iron Chains of Romania between 2022 and 2023 were Germany ($2.47M), United Kingdom ($1.17M), and Austria ($1.14M).

Imports In 2023, Romania imported $50.9M in Iron Chains, becoming the 28th largest importer of Iron Chains in the world. At the same year, Iron Chains was the 404th most imported product in Romania. Romania imports Iron Chains primarily from: Germany ($26.8M), Italy ($5.15M), China ($4.06M), France ($3.48M), and Czechia ($2.39M).

The fastest growing import markets in Iron Chains for Romania between 2022 and 2023 were Germany ($2.25M), Japan ($638k), and France ($570k).

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 Iron Chains. 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)$57.4M
IMPORTS (2023)$50.9M
NET TRADE (2023)$6.45M

In 2023, Romania exported $57.4M in Iron Chains. The main destinations of Romania exports on Iron Chains were Germany ($43.4M), United Kingdom ($3.05M), Italy ($2.65M), Austria ($2.52M), and United States ($1.16M).

In 2023, Romania imported $50.9M in Iron Chains, mainly from Germany ($26.8M), Italy ($5.15M), China ($4.06M), France ($3.48M), and Czechia ($2.39M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Chains EXPORT MARKETS FOR Romania WERE (2022 - 2023):
Germany$2.47M (6.05%)
United Kingdom$1.17M (62%)
Austria$1.14M (82.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Chains BY Romania WERE (2022 - 2023):
Switzerland-$512k (-30.9%)
Russia-$446k (-99.7%)
South Korea-$331k (-99.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Romania's main exporting competitors in Iron Chains were:
China $2.04B
Japan $495M
In 2023, Romania's main importing competitors in Iron Chains were:

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Trade Value of Iron Chains by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $1.17M
TOP IMPORT POTENTIALChina+ $4.06M

Iron Chains’s highest export potential is Italy. With an export gap of $1.17M.   Iron Chains’s highest import potential is China with an import gap of $4.06M.

See methodology.

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