2022
Exports
$829kWorld Rnk 44 / 89
Flag Rnk 865 / 1204
2022
PRODUCT COMPLEXITY IN Iron Reductions
-1.54Rnk 951 / 1025
2022
Imports
$3.65MWorld Rnk 40 / 144
Flag Rnk 887 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $829k in Iron Reductions, making it the 44th largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 865th most exported product in Romania. The main destination of Iron Reductions exports from Romania are: Netherlands ($294k), Germany ($272k), Belgium ($133k), Spain ($93.4k), and Italy ($12.2k).

The fastest growing export markets for Iron Reductions of Romania between 2021 and 2022 were Netherlands ($294k), Germany ($79.3k), and Spain ($56.8k).

Imports In 2022, Romania imported $3.65M in Iron Reductions, becoming the 40th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 887th most imported product in Romania. Romania imports Iron Reductions primarily from: Italy ($3.13M), Bulgaria ($226k), France ($121k), Slovakia ($66.3k), and Germany ($42.9k).

The fastest growing import markets in Iron Reductions for Romania between 2021 and 2022 were Italy ($574k), Bulgaria ($222k), and France ($119k).

Latest Trends

Oct 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 Reductions. 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)$829k
IMPORTS (2022)$3.65M
NET TRADE (2022)-$2.82M

In 2022, Romania exported $829k in Iron Reductions. The main destinations of Romania exports on Iron Reductions were Netherlands ($294k), Germany ($272k), Belgium ($133k), Spain ($93.4k), and Italy ($12.2k).

In 2022, Romania imported $3.65M in Iron Reductions, mainly from Italy ($3.13M), Bulgaria ($226k), France ($121k), Slovakia ($66.3k), and Germany ($42.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Netherlands$294k (105k%)
Germany$79.3k (41.1%)
Spain$56.8k (155%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY Romania WERE (2021 - 2022):
Saudi Arabia-$3.47M (-100%)
Belgium-$138k (-50.9%)
France-$32.3k (-75.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Iron Reductions were:
In 2022, Romania's main importing competitors in Iron Reductions were:

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Trade Value of Iron Reductions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $129k
TOP IMPORT POTENTIALBulgaria+ $38k

Iron Reductions’s highest export potential is Germany. With an export gap of $129k.   Iron Reductions’s highest import potential is Bulgaria with an import gap of $38k.

See methodology.

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