HS Icon Magnesium in  Flag Romania

2021
Exports | Imports
: $22.2M | $60.9M, World Rnk 12 / 95
Flag Rnk 341 / 1199 | World Rnk 10 / 167
Flag Rnk 332 / 1213

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $7.06M | $3.11M, Czechia |  Serbia

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

2021
PRODUCT COMPLEXITY IN Magnesium
: 0.98, Rnk 180 / 1029

Exports In 2021, Romania exported $22.2M in Magnesium, making it the 12th largest exporter of Magnesium in the world. At the same year, Magnesium was the 341st most exported product in Romania. The main destination of Magnesium exports from Romania are: Czechia ($7.34M), Germany ($3.32M), Serbia ($2.39M), Austria ($1.47M), and France ($1.19M).

The fastest growing export markets for Magnesium of Romania between 2020 and 2021 were Czechia ($7.06M), Austria ($1.1M), and Poland ($732k).

Imports In 2021, Romania imported $60.9M in Magnesium, becoming the 10th largest importer of Magnesium in the world. At the same year, Magnesium was the 332nd most imported product in Romania. Romania imports Magnesium primarily from: China ($30.4M), Austria ($9.44M), Croatia ($8.06M), Serbia ($3.92M), and Netherlands ($1.97M).

The fastest growing import markets in Magnesium for Romania between 2020 and 2021 were Serbia ($3.11M), Austria ($2.22M), and Croatia ($2.02M).

Tariffs In 2019, the average tariff for Romania in Magnesium was 1.95%. The countries with the highest import tariffs for Magnesium were Republic of the Congo (Most Favoured Nation duty rate treatment, 3.7%), Western Sahara (Most Favoured Nation duty rate treatment, 3.7%), Gabon (Most Favoured Nation duty rate treatment, 3.7%), Libya (Most Favoured Nation duty rate treatment, 3.7%), and Mayotte (Most Favoured Nation duty rate treatment, 3.7%).

Mar 2023

Subnational Monthly Trade

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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 Magnesium. 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

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EXPORTS (2021): $22.2M

IMPORTS (2021): $60.9M

NET TRADE (2021): -$38.7M

In 2021, Romania exported $22.2M in Magnesium. The main destinations of Romania exports on Magnesium were Czechia ($7.34M), Germany ($3.32M), Serbia ($2.39M), Austria ($1.47M), and France ($1.19M).

In 2021, Romania imported $60.9M in Magnesium, mainly from China ($30.4M), Austria ($9.44M), Croatia ($8.06M), Serbia ($3.92M), and Netherlands ($1.97M).

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

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

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Market Concentration

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

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

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