2022
Exports
$1.45MWorld Rnk 76 / 149
Flag Rnk 808 / 1204
2022
PRODUCT COMPLEXITY IN Palm Oil
-2.31Rnk 1012 / 1025
2022
Imports
$87MWorld Rnk 68 / 208
Flag Rnk 284 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $1.45M in Palm Oil, making it the 76th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 808th most exported product in Romania. The main destination of Palm Oil exports from Romania are: Greece ($895k), Bulgaria ($217k), Poland ($123k), Italy ($64.3k), and Netherlands ($59.8k).

The fastest growing export markets for Palm Oil of Romania between 2021 and 2022 were Greece ($735k), Poland ($122k), and Bulgaria ($74.2k).

Imports In 2022, Romania imported $87M in Palm Oil, becoming the 68th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 284th most imported product in Romania. Romania imports Palm Oil primarily from: Netherlands ($24.1M), Bulgaria ($14.7M), Italy ($13.6M), Greece ($9.04M), and Malaysia ($5.9M).

The fastest growing import markets in Palm Oil for Romania between 2021 and 2022 were Netherlands ($6.53M), Bulgaria ($4.95M), and Spain ($2.13M).

Latest Trends

Aug 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 Palm Oil. 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)$1.45M
IMPORTS (2022)$87M
NET TRADE (2022)-$85.5M

In 2022, Romania exported $1.45M in Palm Oil. The main destinations of Romania exports on Palm Oil were Greece ($895k), Bulgaria ($217k), Poland ($123k), Italy ($64.3k), and Netherlands ($59.8k).

In 2022, Romania imported $87M in Palm Oil, mainly from Netherlands ($24.1M), Bulgaria ($14.7M), Italy ($13.6M), Greece ($9.04M), and Malaysia ($5.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Greece$735k (461%)
Poland$122k (25.3k%)
Bulgaria$74.2k (51.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Romania WERE (2021 - 2022):
Moldova-$20.4k (-99.8%)
Tanzania-$365 (-100%)
Austria-$50 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Palm Oil were:
In 2022, Romania's main importing competitors in Palm Oil were:
India $11.1B
China $4.85B

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Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $149k
TOP IMPORT POTENTIALMalaysia+ $6.05M

Palm Oil’s highest export potential is Italy. With an export gap of $149k.   Palm Oil’s highest import potential is Malaysia with an import gap of $6.05M.

See methodology.

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