HS Icon Semi-Finished Iron in  Flag Romania

2020
Exports | Imports
: $105M | $58.8M, World Rnk 23 / 115
Flag Rnk 130 / 1193 | World Rnk 47 / 177
Flag Rnk 304 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $2.95M | $4.44M, Saudi Arabia |  Bulgaria

2020
ECONOMIC COMPLEXITY of Romania
: 1.01, Rnk 26 / 127

2020
PRODUCT COMPLEXITY  IN Semi-Finished Iron
: -0.74, Rnk 760 / 1029

Exports In 2020, Romania exported $105M in Semi-Finished Iron, making it the 23rd largest exporter of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 130th most exported product in Romania. The main destination of Semi-Finished Iron exports from Romania are: United States ($77.8M), Canada ($14.5M), Saudi Arabia ($3.51M), United Kingdom ($1.49M), and France ($1.39M).

The fastest growing export markets for Semi-Finished Iron of Romania between 2019 and 2020 were Saudi Arabia ($2.95M), Turkey ($621k), and Spain ($292k).

Imports In 2020, Romania imported $58.8M in Semi-Finished Iron, becoming the 47th largest importer of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 304th most imported product in Romania. Romania imports Semi-Finished Iron primarily from: Bulgaria ($12.5M), Italy ($9.24M), Ukraine ($9.04M), Greece ($6.61M), and Austria ($5.79M).

The fastest growing import markets in Semi-Finished Iron for Romania between 2019 and 2020 were Bulgaria ($4.44M), Greece ($4.09M), and Austria ($3.78M).

Tariffs In 2005, the average tariff for Romania in Semi-Finished Iron was 7.3%. The countries with the highest import tariffs for Semi-Finished Iron were Angola (Most Favoured Nation duty rate treatement, 8.5%), Burundi (Most Favoured Nation duty rate treatement, 8.5%), Benin (Most Favoured Nation duty rate treatement, 8.5%), Burkina Faso (Most Favoured Nation duty rate treatement, 8.5%), and Botswana (Most Favoured Nation duty rate treatement, 8.5%).

Subnational Monthly Trade

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The following visualization shows the latest trends on Semi-Finished Iron. 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

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EXPORTS (2020): $105M

IMPORTS (2020): $58.8M

NET TRADE (2020): $45.7M

In 2020, Romania exported $105M in Semi-Finished Iron. The main destinations of Romania exports on Semi-Finished Iron were United States ($77.8M), Canada ($14.5M), Saudi Arabia ($3.51M), United Kingdom ($1.49M), and France ($1.39M).

In 2020, Romania imported $58.8M in Semi-Finished Iron, mainly from Bulgaria ($12.5M), Italy ($9.24M), Ukraine ($9.04M), Greece ($6.61M), and Austria ($5.79M).

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THE FASTEST GROWING Semi-Finished Iron EXPORT MARKETS FOR Romania WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semi-Finished Iron BY Romania WERE (2019 - 2020):

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Market Concentration

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In 2020, Romania's main exporting competitors in Semi-Finished Iron were:

In 2020, Romania's main importing competitors in Semi-Finished Iron were:

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