2022
Exports
$7.75BWorld Rnk 59 / 220
Flag Rnk 5 / 21
2022
PRODUCT COMPLEXITY IN Mineral Products
0.48Rnk 371 / 1025
2022
Imports
$15.2BWorld Rnk 43 / 226
Flag Rnk 2 / 21
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $7.75B in Mineral Products, making it the 59th largest exporter of Mineral Products in the world. At the same year, Mineral Products was the 5th most exported product in Romania. The main destination of Mineral Products exports from Romania are: Hungary ($2.62B), Moldova ($1.15B), Bulgaria ($747M), Serbia ($626M), and Ukraine ($479M).

The fastest growing export markets for Mineral Products of Romania between 2021 and 2022 were Hungary ($2.04B), Moldova ($760M), and Ukraine ($444M).

Imports In 2022, Romania imported $15.2B in Mineral Products, becoming the 43rd largest importer of Mineral Products in the world. At the same year, Mineral Products was the 2nd most imported product in Romania. Romania imports Mineral Products primarily from: Russia ($4.44B), Bulgaria ($2.41B), Kazakhstan ($2.34B), Turkey ($2.04B), and Hungary ($1.15B).

The fastest growing import markets in Mineral Products for Romania between 2021 and 2022 were Russia ($1.86B), Bulgaria ($1.71B), and Turkey ($1.37B).

COMPANIES In 2023, leading companies such as John Deere (2) and Arhaus (1) were at the forefront of shipping Mineral Products from Romania to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$7.75B
IMPORTS (2022)$15.2B
NET TRADE (2022)-$7.5B

In 2022, Romania exported $7.75B in Mineral Products. The main destinations of Romania exports on Mineral Products were Hungary ($2.62B), Moldova ($1.15B), Bulgaria ($747M), Serbia ($626M), and Ukraine ($479M).

In 2022, Romania imported $15.2B in Mineral Products, mainly from Russia ($4.44B), Bulgaria ($2.41B), Kazakhstan ($2.34B), Turkey ($2.04B), and Hungary ($1.15B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral Products EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Hungary$2.04B (351%)
Moldova$760M (195%)
Ukraine$444M (1.28k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral Products BY Romania WERE (2021 - 2022):
Tunisia-$117M (-83.9%)
Azerbaijan-$36.3M (-95.5%)
Belgium-$32.8M (-80.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Romania's main exporting competitors in Mineral Products were:
In 2022, Romania's main importing competitors in Mineral Products were:

Explore Visualizations

Trade Value of Mineral Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $140M
TOP IMPORT POTENTIALRussia+ $728M

Mineral Products’s highest export potential is Germany. With an export gap of $140M.   Mineral Products’s highest import potential is Russia with an import gap of $728M.

See methodology.

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