2023
Exports
$543MWorld Rnk 47 / 163
Flag Rnk 38 / 1203
2023
PRODUCT COMPLEXITY IN Petroleum Gas
-2.01Rnk 998 / 1025
2023
Imports
$1.65BWorld Rnk 43 / 220
Flag Rnk 10 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $543M in Petroleum Gas, making it the 47th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 38th most exported product in Romania. The main destination of Petroleum Gas exports from Romania are: Ukraine ($282M), Moldova ($60.8M), Hungary ($51.2M), Germany ($48.3M), and Bulgaria ($47M).

The fastest growing export markets for Petroleum Gas of Romania between 2022 and 2023 were Ukraine ($131M), Greece ($11.2M), and Tunisia ($6.65M).

Imports In 2023, Romania imported $1.65B in Petroleum Gas, becoming the 43rd largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 10th most imported product in Romania. Romania imports Petroleum Gas primarily from: Bulgaria ($1.13B), Azerbaijan ($171M), Greece ($129M), Algeria ($72.1M), and Kazakhstan ($40M).

The fastest growing import markets in Petroleum Gas for Romania between 2022 and 2023 were Azerbaijan ($171M), Greece ($121M), and Algeria ($65.8M).

Latest Trends

Dec 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 Petroleum Gas. 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 (2023)$543M
IMPORTS (2023)$1.65B
NET TRADE (2023)-$1.1B

In 2023, Romania exported $543M in Petroleum Gas. The main destinations of Romania exports on Petroleum Gas were Ukraine ($282M), Moldova ($60.8M), Hungary ($51.2M), Germany ($48.3M), and Bulgaria ($47M).

In 2023, Romania imported $1.65B in Petroleum Gas, mainly from Bulgaria ($1.13B), Azerbaijan ($171M), Greece ($129M), Algeria ($72.1M), and Kazakhstan ($40M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Romania WERE (2022 - 2023):
Ukraine$131M (86.5%)
Greece$11.2M (95.1%)
Tunisia$6.65M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Romania WERE (2022 - 2023):
Hungary-$1.24B (-96%)
Bulgaria-$38.4M (-45%)
Moldova-$12.7M (-17.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Romania's main exporting competitors in Petroleum Gas were:
In 2023, Romania's main importing competitors in Petroleum Gas were:
China $83.7B
Japan $52.5B
France $45.4B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $78.2M
TOP IMPORT POTENTIALRussia+ $313M

Petroleum Gas’s highest export potential is Germany. With an export gap of $78.2M.   Petroleum Gas’s highest import potential is Russia with an import gap of $313M.

See methodology.

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