HS Icon Iron Ingots in  Flag Romania

2021
Exports | Imports
: $2.23M | $9.81M, World Rnk 37 / 105
Flag Rnk 709 / 1199 | World Rnk 12 / 171
Flag Rnk 707 / 1213

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $753k | $4.19M, Poland |  Croatia

2021
ECONOMIC COMPLEXITY of Romania
: 1.07, Rnk 26 / 131

2021
PRODUCT COMPLEXITY IN Iron Ingots
: -1.15, Rnk 879 / 1029

Exports In 2021, Romania exported $2.23M in Iron Ingots, making it the 37th largest exporter of Iron Ingots in the world. At the same year, Iron Ingots was the 709th most exported product in Romania. The main destination of Iron Ingots exports from Romania are: Poland ($753k), Greece ($525k), Hungary ($419k), Italy ($257k), and Austria ($102k).

The fastest growing export markets for Iron Ingots of Romania between 2020 and 2021 were Poland ($753k), Hungary ($385k), and Austria ($102k).

Imports In 2021, Romania imported $9.81M in Iron Ingots, becoming the 12th largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 707th most imported product in Romania. Romania imports Iron Ingots primarily from: Croatia ($4.19M), Italy ($3.65M), Hungary ($748k), Poland ($732k), and Estonia ($179k).

The fastest growing import markets in Iron Ingots for Romania between 2020 and 2021 were Croatia ($4.19M), Italy ($2.34M), and Poland ($225k).

Tariffs In 2005, the average tariff for Romania in Iron Ingots was 8.58%. The countries with the highest import tariffs for Iron Ingots were Angola (Most Favoured Nation duty rate treatment, 10%), Burundi (Most Favoured Nation duty rate treatment, 10%), Benin (Most Favoured Nation duty rate treatment, 10%), Burkina Faso (Most Favoured Nation duty rate treatment, 10%), and Botswana (Most Favoured Nation duty rate treatment, 10%).

Mar 2023

Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Iron Ingots. 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

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EXPORTS (2021): $2.23M

IMPORTS (2021): $9.81M

NET TRADE (2021): -$7.58M

In 2021, Romania exported $2.23M in Iron Ingots. The main destinations of Romania exports on Iron Ingots were Poland ($753k), Greece ($525k), Hungary ($419k), Italy ($257k), and Austria ($102k).

In 2021, Romania imported $9.81M in Iron Ingots, mainly from Croatia ($4.19M), Italy ($3.65M), Hungary ($748k), Poland ($732k), and Estonia ($179k).

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Flow

THE FASTEST GROWING Iron Ingots EXPORT MARKETS FOR Romania WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ingots BY Romania WERE (2020 - 2021):

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Market Concentration

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In 2021, Romania's main exporting competitors in Iron Ingots were:

In 2021, Romania's main importing competitors in Iron Ingots were:

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