2023
Exports
$1.98MWorld Rnk 41 / 160
Flag Rnk 743 / 1203
2023
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.73Rnk 765 / 1025
2023
Imports
$30MWorld Rnk 31 / 221
Flag Rnk 503 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $1.98M in Pure Olive Oil, making it the 41st largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 743rd most exported product in Romania. The main destination of Pure Olive Oil exports from Romania are: Bulgaria ($1.22M), Moldova ($287k), United States ($166k), France ($105k), and Ukraine ($56.1k).

The fastest growing export markets for Pure Olive Oil of Romania between 2022 and 2023 were United States ($166k), Moldova ($63.5k), and Ukraine ($56.1k).

Imports In 2023, Romania imported $30M in Pure Olive Oil, becoming the 31st largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 503rd most imported product in Romania. Romania imports Pure Olive Oil primarily from: Italy ($12.2M), Spain ($8.87M), Greece ($4.98M), France ($1.4M), and Bulgaria ($1.17M).

The fastest growing import markets in Pure Olive Oil for Romania between 2022 and 2023 were Italy ($3.47M), Greece ($1.65M), and Spain ($1.45M).

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 Pure Olive 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 (2023)$1.98M
IMPORTS (2023)$30M
NET TRADE (2023)-$28M

In 2023, Romania exported $1.98M in Pure Olive Oil. The main destinations of Romania exports on Pure Olive Oil were Bulgaria ($1.22M), Moldova ($287k), United States ($166k), France ($105k), and Ukraine ($56.1k).

In 2023, Romania imported $30M in Pure Olive Oil, mainly from Italy ($12.2M), Spain ($8.87M), Greece ($4.98M), France ($1.4M), and Bulgaria ($1.17M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Romania WERE (2022 - 2023):
United States$166k (1%)
Moldova$63.5k (28.4%)
Ukraine$56.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Romania WERE (2022 - 2023):
Bulgaria-$885k (-42.1%)
United Kingdom-$97.1k (-100%)
Germany-$68.5k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Romania's main exporting competitors in Pure Olive Oil were:
Spain $4.69B
Italy $2.14B
Greece $1.35B
In 2023, Romania's main importing competitors in Pure Olive Oil were:

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $187k
TOP IMPORT POTENTIALSpain+ $2.32M

Pure Olive Oil’s highest export potential is France. With an export gap of $187k.   Pure Olive Oil’s highest import potential is Spain with an import gap of $2.32M.

See methodology.

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