2022
Exports
$8.87MWorld Rnk 50 / 153
Flag Rnk 497 / 1204
2022
PRODUCT COMPLEXITY IN Other Vegetable Oils
-1.26Rnk 899 / 1025
2022
Imports
$25.4MWorld Rnk 54 / 214
Flag Rnk 528 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $8.87M in Other Vegetable Oils, making it the 50th largest exporter of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 497th most exported product in Romania. The main destination of Other Vegetable Oils exports from Romania are: Netherlands ($2.63M), Bulgaria ($2.3M), Italy ($1.32M), Germany ($1.13M), and Greece ($368k).

The fastest growing export markets for Other Vegetable Oils of Romania between 2021 and 2022 were Netherlands ($2.1M), Bulgaria ($2.06M), and Italy ($901k).

Imports In 2022, Romania imported $25.4M in Other Vegetable Oils, becoming the 54th largest importer of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 528th most imported product in Romania. Romania imports Other Vegetable Oils primarily from: Netherlands ($7.86M), Bulgaria ($4.14M), Denmark ($3.84M), Germany ($1.74M), and France ($1.64M).

The fastest growing import markets in Other Vegetable Oils for Romania between 2021 and 2022 were Netherlands ($2.4M), Denmark ($1.56M), and Germany ($364k).

Latest Trends

Sep 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 Other Vegetable Oils. 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)$8.87M
IMPORTS (2022)$25.4M
NET TRADE (2022)-$16.5M

In 2022, Romania exported $8.87M in Other Vegetable Oils. The main destinations of Romania exports on Other Vegetable Oils were Netherlands ($2.63M), Bulgaria ($2.3M), Italy ($1.32M), Germany ($1.13M), and Greece ($368k).

In 2022, Romania imported $25.4M in Other Vegetable Oils, mainly from Netherlands ($7.86M), Bulgaria ($4.14M), Denmark ($3.84M), Germany ($1.74M), and France ($1.64M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Oils EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Netherlands$2.1M (393%)
Bulgaria$2.06M (864%)
Italy$901k (213%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Oils BY Romania WERE (2021 - 2022):
Germany-$695k (-38.1%)
Moldova-$329k (-51.7%)
Hungary-$276k (-76.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Other Vegetable Oils were:
In 2022, Romania's main importing competitors in Other Vegetable Oils were:

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Trade Value of Other Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $419k
TOP IMPORT POTENTIALGermany+ $733k

Other Vegetable Oils’s highest export potential is Germany. With an export gap of $419k.   Other Vegetable Oils’s highest import potential is Germany with an import gap of $733k.

See methodology.

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