2022
Exports
$65.2MWorld Rnk 42 / 119
Flag Rnk 216 / 1204
2022
PRODUCT COMPLEXITY IN Semi-Finished Iron
-0.88Rnk 800 / 1025
2022
Imports
$159MWorld Rnk 37 / 188
Flag Rnk 183 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $65.2M in Semi-Finished Iron, making it the 42nd largest exporter of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 216th most exported product in Romania. The main destination of Semi-Finished Iron exports from Romania are: Egypt ($20.4M), Turkey ($15.2M), Poland ($7.14M), United Kingdom ($4.79M), and Italy ($4.54M).

The fastest growing export markets for Semi-Finished Iron of Romania between 2021 and 2022 were Egypt ($19.6M), Poland ($6.54M), and France ($2.8M).

Imports In 2022, Romania imported $159M in Semi-Finished Iron, becoming the 37th largest importer of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 183rd most imported product in Romania. Romania imports Semi-Finished Iron primarily from: Austria ($22.6M), Ukraine ($22.5M), India ($18.5M), Czechia ($18M), and Luxembourg ($16.3M).

The fastest growing import markets in Semi-Finished Iron for Romania between 2021 and 2022 were India ($18.5M), Luxembourg ($8.65M), and Ukraine ($7.97M).

Latest Trends

Sep 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 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

Trade Balance

Color
EXPORTS (2022)$65.2M
IMPORTS (2022)$159M
NET TRADE (2022)-$93.6M

In 2022, Romania exported $65.2M in Semi-Finished Iron. The main destinations of Romania exports on Semi-Finished Iron were Egypt ($20.4M), Turkey ($15.2M), Poland ($7.14M), United Kingdom ($4.79M), and Italy ($4.54M).

In 2022, Romania imported $159M in Semi-Finished Iron, mainly from Austria ($22.6M), Ukraine ($22.5M), India ($18.5M), Czechia ($18M), and Luxembourg ($16.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Semi-Finished Iron EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Egypt$19.6M (2.35k%)
Poland$6.54M (1.09k%)
France$2.8M (197%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semi-Finished Iron BY Romania WERE (2021 - 2022):
United States-$180M (-100%)
Turkey-$18.8M (-55.2%)
United Kingdom-$11.1M (-69.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Semi-Finished Iron were:
Russia $8.38B
Oman $3.44B
Brazil $3.42B
In 2022, Romania's main importing competitors in Semi-Finished Iron were:

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Trade Value of Semi-Finished Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $6.43M
TOP IMPORT POTENTIALUkraine+ $11.4M

Semi-Finished Iron’s highest export potential is Turkey. With an export gap of $6.43M.   Semi-Finished Iron’s highest import potential is Ukraine with an import gap of $11.4M.

See methodology.

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