2023
Exports
$1.96MWorld Rnk 58 / 168
Flag Rnk 748 / 1203
2023
PRODUCT COMPLEXITY IN Iron Nails
-0.52Rnk 709 / 1025
2023
Imports
$12.8MWorld Rnk 42 / 220
Flag Rnk 677 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $1.96M in Iron Nails, making it the 58th largest exporter of Iron Nails in the world. At the same year, Iron Nails was the 748th most exported product in Romania. The main destination of Iron Nails exports from Romania are: Hungary ($534k), Slovakia ($413k), Italy ($344k), France ($122k), and Lithuania ($120k).

The fastest growing export markets for Iron Nails of Romania between 2022 and 2023 were Slovakia ($375k), Lithuania ($92k), and Luxembourg ($23.8k).

Imports In 2023, Romania imported $12.8M in Iron Nails, becoming the 42nd largest importer of Iron Nails in the world. At the same year, Iron Nails was the 677th most imported product in Romania. Romania imports Iron Nails primarily from: Poland ($2.19M), Germany ($1.56M), China ($1.53M), France ($1.46M), and Bulgaria ($1.11M).

The fastest growing import markets in Iron Nails for Romania between 2022 and 2023 were France ($936k), Hungary ($412k), and China ($356k).

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 Nails. 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)$1.96M
IMPORTS (2023)$12.8M
NET TRADE (2023)-$10.8M

In 2023, Romania exported $1.96M in Iron Nails. The main destinations of Romania exports on Iron Nails were Hungary ($534k), Slovakia ($413k), Italy ($344k), France ($122k), and Lithuania ($120k).

In 2023, Romania imported $12.8M in Iron Nails, mainly from Poland ($2.19M), Germany ($1.56M), China ($1.53M), France ($1.46M), and Bulgaria ($1.11M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Nails EXPORT MARKETS FOR Romania WERE (2022 - 2023):
Slovakia$375k (963%)
Lithuania$92k (333%)
Luxembourg$23.8k (16.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Nails BY Romania WERE (2022 - 2023):
Hungary-$500k (-48.4%)
Italy-$428k (-55.4%)
Germany-$102k (-46.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Romania's main exporting competitors in Iron Nails were:
China $1.33B
In 2023, Romania's main importing competitors in Iron Nails were:

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Trade Value of Iron Nails by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $228k
TOP IMPORT POTENTIALChina+ $1.21M

Iron Nails’s highest export potential is Germany. With an export gap of $228k.   Iron Nails’s highest import potential is China with an import gap of $1.21M.

See methodology.

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