Petroleum Gas in Romania

2019
Exports | Imports
: $199M | $449M, World Rnk 53 / 152
Flag Rnk 77 / 1202 | World Rnk 53 / 219
Flag Rnk 34 / 1214

2019
Destination | Origin
: $68.9M | $260M, Bulgaria | Russia

2018 - 2019
FASTEST GROWING MARKET |  FASTEST GROWING ORIGIN
: $19.2M | $119M, Germany |  Hungary

2019
ECONOMIC COMPLEXITY of Romania
: 1.12, Rnk 25 / 157

2019
PRODUCT COMPLEXITY  IN Petroleum Gas
: -2.48, Rnk 1023 / 1029

Exports: In 2019, Romania exported $199M in Petroleum Gas, making it the 53rd largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 77th most exported product in Romania. The main destination of Petroleum Gas exports from Romania are: Bulgaria ($68.9M), Germany ($64.4M), Hungary ($18.3M), Serbia ($12.1M), and Moldova ($8.11M).

The fastest growing export markets for Petroleum Gas of Romania between 2018 and 2019 were Germany ($19.2M), Hungary ($10.8M), and Croatia ($2.38M).

Imports: In 2019, Romania imported $449M in Petroleum Gas, becoming the 53rd largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 34th most imported product in Romania. Romania imports Petroleum Gas primarily from: Russia ($260M), Hungary ($153M), Kazakhstan ($17.1M), Bulgaria ($16.8M), and Germany ($461k).

The fastest growing import markets in Petroleum Gas for Romania between 2018 and 2019 were Hungary ($119M), Bulgaria ($11.7M), and Greece ($149k).

Tariffs: In 2005, the average tariff for Romania in Petroleum Gas was 9.81%. The countries with the highest import tariffs for Petroleum Gas were Angola (12%), Benin (12%), Cameroon (12%), Democratic Republic of the Congo (12%), and Algeria (12%).

Value

EXPORTS (2019): $199M

IMPORTS (2019): $449M

NET TRADE (2019): -$251M

In 2019, Romania exported $199M in Petroleum Gas. The main destinations of Romania exports on Petroleum Gas were Bulgaria ($68.9M), Germany ($64.4M), Hungary ($18.3M), Serbia ($12.1M), and Moldova ($8.11M).

In 2019, Romania imported $449M in Petroleum Gas, mainly from Russia ($260M), Hungary ($153M), Kazakhstan ($17.1M), Bulgaria ($16.8M), and Germany ($461k).

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IN 2019, Romania HAD A POSITIVE NET TRADE IN Petroleum Gas WITH:

IN 2019, Romania HAD A NEGATIVE NET TRADE IN Petroleum Gas WITH:

Flow

THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Romania WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Romania WERE (2018 - 2019):

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Market Concentration

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Type

In 2018, Romania's main exporting competitors in Petroleum Gas were:

In 2018, Romania's main importing competitors in Petroleum Gas were:

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Tariffs by Country

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In 2005, the average tariff for Romania in Petroleum Gas was 9.81%.

The countries with the highest tariffs for Petroleum Gas in Romania were Angola (12%), Benin (12%), Cameroon (12%), Democratic Republic of the Congo (12%), and Algeria (12%).

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