HS Icon Iron Reductions in  Flag Romania

2021
Exports | Imports
: $4.1M | $2.83M, World Rnk 35 / 86
Flag Rnk 619 / 1199 | World Rnk 38 / 138
Flag Rnk 910 / 1213

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $3.47M | $1.75M, Saudi Arabia |  Italy

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

2021
PRODUCT COMPLEXITY IN Iron Reductions
: -0.85, Rnk 795 / 1029

Exports In 2021, Romania exported $4.1M in Iron Reductions, making it the 35th largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 619th most exported product in Romania. The main destination of Iron Reductions exports from Romania are: Saudi Arabia ($3.47M), Belgium ($271k), Germany ($193k), France ($42.6k), and Spain ($36.5k).

The fastest growing export markets for Iron Reductions of Romania between 2020 and 2021 were Saudi Arabia ($3.47M), Germany ($118k), and Spain ($36.5k).

Imports In 2021, Romania imported $2.83M in Iron Reductions, becoming the 38th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 910th most imported product in Romania. Romania imports Iron Reductions primarily from: Italy ($2.55M), Slovakia ($125k), Germany ($110k), Hungary ($15k), and Austria ($13k).

The fastest growing import markets in Iron Reductions for Romania between 2020 and 2021 were Italy ($1.75M), Slovakia ($93.9k), and Germany ($90.6k).

Tariffs In 2005, the average tariff for Romania in Iron Reductions was 6.85%. The countries with the highest import tariffs for Iron Reductions were Burundi (Most Favoured Nation duty rate treatment, 10%), Burkina Faso (Most Favoured Nation duty rate treatment, 10%), Botswana (Most Favoured Nation duty rate treatment, 10%), Central African Republic (Most Favoured Nation duty rate treatment, 10%), and Cote d'Ivoire (Most Favoured Nation duty rate treatment, 10%).

Apr 2023

Subnational Monthly Trade

#permalink to section
View
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.

Explore Latest Trends

Historical Data

#permalink to section
Color

EXPORTS (2021): $4.1M

IMPORTS (2021): $2.83M

NET TRADE (2021): $1.28M

In 2021, Romania exported $4.1M in Iron Reductions. The main destinations of Romania exports on Iron Reductions were Saudi Arabia ($3.47M), Belgium ($271k), Germany ($193k), France ($42.6k), and Spain ($36.5k).

In 2021, Romania imported $2.83M in Iron Reductions, mainly from Italy ($2.55M), Slovakia ($125k), Germany ($110k), Hungary ($15k), and Austria ($13k).

Explore Visualizations

Flow

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

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

Explore Visualizations

Market Concentration

#permalink to section
View
Flow
Type

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

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

Explore Visualizations