2023
Exports
$86.3MWorld Rnk 8 / 118
Flag Rnk 173 / 1203
2023
PRODUCT COMPLEXITY IN Iron Powder
0.86Rnk 230 / 1025
2023
Imports
$13.1MWorld Rnk 33 / 169
Flag Rnk 675 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $86.3M in Iron Powder, making it the 8th largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 173rd most exported product in Romania. The main destination of Iron Powder exports from Romania are: Germany ($31M), Italy ($24.6M), Spain ($7.66M), Thailand ($6.17M), and China ($4.33M).

The fastest growing export markets for Iron Powder of Romania between 2022 and 2023 were Germany ($6.36M), Spain ($1.06M), and Thailand ($1.06M).

Imports In 2023, Romania imported $13.1M in Iron Powder, becoming the 33rd largest importer of Iron Powder in the world. At the same year, Iron Powder was the 675th most imported product in Romania. Romania imports Iron Powder primarily from: N/A.

The fastest growing import markets in Iron Powder for Romania between 2022 and 2023 were Germany ($969k), China ($575k), and Poland ($491k).

COMPANIES In 2024, leading companies such as John Deere (12) were at the forefront of shipping Iron Powder 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 Powder. 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)$86.3M
IMPORTS (2023)$13.1M
NET TRADE (2023)$73.1M

In 2023, Romania exported $86.3M in Iron Powder. The main destinations of Romania exports on Iron Powder were Germany ($31M), Italy ($24.6M), Spain ($7.66M), Thailand ($6.17M), and China ($4.33M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Romania WERE (2022 - 2023):
Germany$6.36M (25.8%)
Spain$1.06M (16.1%)
Thailand$1.06M (20.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Romania WERE (2022 - 2023):
Poland-$2.13M (-91.6%)
China-$1M (-18.8%)
South Korea-$363k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Romania's main exporting competitors in Iron Powder were:
China $297M
Japan $241M
In 2023, Romania's main importing competitors in Iron Powder were:

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Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.71M
TOP IMPORT POTENTIALGermany+ $485k

Iron Powder’s highest export potential is China. With an export gap of $2.71M.   Iron Powder’s highest import potential is Germany with an import gap of $485k.

See methodology.

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