2022
Exports
$81.2MWorld Rnk 32 / 128
Flag Rnk 186 / 1204
2022
PRODUCT COMPLEXITY IN Iron Ore
-1.79Rnk 980 / 1025
2022
Imports
$453MWorld Rnk 32 / 130
Flag Rnk 63 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $81.2M in Iron Ore, making it the 32nd largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 186th most exported product in Romania. The main destination of Iron Ore exports from Romania are: Malaysia ($77.4M), China ($3.73M), Netherlands ($22.4k), United States ($11.4k), and Australia ($9k).

The fastest growing export markets for Iron Ore of Romania between 2021 and 2022 were Malaysia ($77.4M), China ($3.73M), and Netherlands ($22.4k).

Imports In 2022, Romania imported $453M in Iron Ore, becoming the 32nd largest importer of Iron Ore in the world. At the same year, Iron Ore was the 63rd most imported product in Romania. Romania imports Iron Ore primarily from: Ukraine ($199M), Turkey ($87.3M), South Africa ($80.3M), Brazil ($29.4M), and India ($15.6M).

The fastest growing import markets in Iron Ore for Romania between 2021 and 2022 were South Africa ($32.6M), India ($15.6M), and Bolivia ($11.3M).

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 Iron Ore. 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)$81.2M
IMPORTS (2022)$453M
NET TRADE (2022)-$372M

In 2022, Romania exported $81.2M in Iron Ore. The main destinations of Romania exports on Iron Ore were Malaysia ($77.4M), China ($3.73M), Netherlands ($22.4k), United States ($11.4k), and Australia ($9k).

In 2022, Romania imported $453M in Iron Ore, mainly from Ukraine ($199M), Turkey ($87.3M), South Africa ($80.3M), Brazil ($29.4M), and India ($15.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Malaysia$77.4M (1%)
China$3.73M (2.04M%)
Netherlands$22.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Romania WERE (2021 - 2022):
Belgium-$2.74M (-100%)
Vietnam-$2.06M (-100%)
Indonesia-$654k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Iron Ore were:
Brazil $30.1B
Canada $6.81B
In 2022, Romania's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $10.8M
TOP IMPORT POTENTIALBrazil+ $23.1M

Iron Ore’s highest export potential is China. With an export gap of $10.8M.   Iron Ore’s highest import potential is Brazil with an import gap of $23.1M.

See methodology.

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