2023
Exports
$80.7MWorld Rnk 39 / 226
Flag Rnk 182 / 1203
2023
PRODUCT COMPLEXITY IN Iron Fasteners
1.67Rnk 25 / 1025
2023
Imports
$561MWorld Rnk 29 / 226
Flag Rnk 46 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $80.7M in Iron Fasteners, making it the 39th largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 182nd most exported product in Romania. The main destination of Iron Fasteners exports from Romania are: Germany ($29.7M), Netherlands ($7.91M), Slovakia ($6.1M), Italy ($5.56M), and France ($3.66M).

The fastest growing export markets for Iron Fasteners of Romania between 2022 and 2023 were Slovakia ($2.87M), Indonesia ($2.21M), and Germany ($1.97M).

Imports In 2023, Romania imported $561M in Iron Fasteners, becoming the 29th largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 46th most imported product in Romania. Romania imports Iron Fasteners primarily from: Germany ($181M), France ($70.7M), Italy ($60.4M), Poland ($36.3M), and China ($28M).

The fastest growing import markets in Iron Fasteners for Romania between 2022 and 2023 were Germany ($20.9M), France ($7.74M), and Poland ($5.99M).

COMPANIES In 2024, leading companies such as Team Hardinger (28), Tredit Tire & Wheel (23), and Vestas (2) were at the forefront of shipping Iron Fasteners from Romania to the United States.

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 Fasteners. 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)$80.7M
IMPORTS (2023)$561M
NET TRADE (2023)-$480M

In 2023, Romania exported $80.7M in Iron Fasteners. The main destinations of Romania exports on Iron Fasteners were Germany ($29.7M), Netherlands ($7.91M), Slovakia ($6.1M), Italy ($5.56M), and France ($3.66M).

In 2023, Romania imported $561M in Iron Fasteners, mainly from Germany ($181M), France ($70.7M), Italy ($60.4M), Poland ($36.3M), and China ($28M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR Romania WERE (2022 - 2023):
Slovakia$2.87M (88.7%)
Indonesia$2.21M (13.4k%)
Germany$1.97M (7.09%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY Romania WERE (2022 - 2023):
Netherlands-$3.24M (-29.1%)
Russia-$867k (-60%)
Spain-$709k (-56.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Iron Fasteners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $9M
TOP IMPORT POTENTIALChina+ $29.5M

Iron Fasteners’s highest export potential is Germany. With an export gap of $9M.   Iron Fasteners’s highest import potential is China with an import gap of $29.5M.

See methodology.

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