2022
Exports | Imports
$3.57B | $3.57BWorld Rnk 39 / 214
Flag Rnk 4 / 1204
World Rnk 68 / 225
Flag Rnk 3 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.05Rnk 22 / 124
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 800 / 1025

About

Exports In 2022, Romania exported $3.57B in Refined Petroleum, making it the 39th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 4th most exported product in Romania. The main destination of Refined Petroleum exports from Romania are: Moldova ($963M), Bulgaria ($361M), Ukraine ($308M), Georgia ($256M), and Gibraltar ($236M).

The fastest growing export markets for Refined Petroleum of Romania between 2021 and 2022 were Moldova ($602M), Ukraine ($284M), and Israel ($220M).

Imports In 2022, Romania imported $3.57B in Refined Petroleum, becoming the 68th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most imported product in Romania. Romania imports Refined Petroleum primarily from: Russia ($1.44B), Turkey ($961M), Italy ($206M), Hungary ($176M), and Bulgaria ($149M).

The fastest growing import markets in Refined Petroleum for Romania between 2021 and 2022 were Turkey ($863M), Russia ($360M), and Bulgaria ($101M).

COMPANIES In 2023, leading companies such as JOHN DEERE COMMERCIAL PRODUCTS (5) were at the forefront of shipping Refined Petroleum from Romania to the United States.

Latest Trends

Jan 2024

Subnational Monthly Trade

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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 Refined Petroleum. 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)$3.57B
IMPORTS (2022)$3.57B
NET TRADE (2022)-$5.97M

In 2022, Romania exported $3.57B in Refined Petroleum. The main destinations of Romania exports on Refined Petroleum were Moldova ($963M), Bulgaria ($361M), Ukraine ($308M), Georgia ($256M), and Gibraltar ($236M).

In 2022, Romania imported $3.57B in Refined Petroleum, mainly from Russia ($1.44B), Turkey ($961M), Italy ($206M), Hungary ($176M), and Bulgaria ($149M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Moldova$602M (167%)
Ukraine$284M (1.2k%)
Israel$220M (28.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Romania WERE (2021 - 2022):
Tunisia-$117M (-83.9%)
Azerbaijan-$36.3M (-95.6%)
Belgium-$26.2M (-80.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Refined Petroleum were:
In 2022, Romania's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

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