2023
Exports
$262MWorld Rnk 6 / 95
Flag Rnk 79 / 1203
2023
PRODUCT COMPLEXITY IN Steel Ingots
0.44Rnk 392 / 1025
2023
Imports
$101MWorld Rnk 11 / 166
Flag Rnk 264 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $262M in Steel Ingots, making it the 6th largest exporter of Steel Ingots in the world. At the same year, Steel Ingots was the 79th most exported product in Romania. The main destination of Steel Ingots exports from Romania are: United States ($210M), Canada ($50.8M), France ($892k), Germany ($197k), and Hungary ($111k).

The fastest growing export markets for Steel Ingots of Romania between 2022 and 2023 were Canada ($50.8M), France ($582k), and Hungary ($94.9k).

Imports In 2023, Romania imported $101M in Steel Ingots, becoming the 11th largest importer of Steel Ingots in the world. At the same year, Steel Ingots was the 264th most imported product in Romania. Romania imports Steel Ingots primarily from: China ($32.3M), Germany ($25.9M), Turkey ($13M), Poland ($12.1M), and Italy ($7.52M).

The fastest growing import markets in Steel Ingots for Romania between 2022 and 2023 were Germany ($17.1M), Turkey ($12.8M), and China ($12.3M).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Steel Ingots. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$262M
IMPORTS (2023)$101M
NET TRADE (2023)$161M

In 2023, Romania exported $262M in Steel Ingots. The main destinations of Romania exports on Steel Ingots were United States ($210M), Canada ($50.8M), France ($892k), Germany ($197k), and Hungary ($111k).

In 2023, Romania imported $101M in Steel Ingots, mainly from China ($32.3M), Germany ($25.9M), Turkey ($13M), Poland ($12.1M), and Italy ($7.52M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Steel Ingots EXPORT MARKETS FOR Romania WERE (2022 - 2023):
Canada$50.8M (9.85M%)
France$582k (188%)
Hungary$94.9k (599%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Ingots BY Romania WERE (2022 - 2023):
United States-$140M (-40%)
India-$545k (-98.7%)
Serbia-$175k (-88.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Romania's main exporting competitors in Steel Ingots were:
In 2023, Romania's main importing competitors in Steel Ingots were:

Explore Visualizations

Trade Value of Steel Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $946k
TOP IMPORT POTENTIALItaly+ $1.66M

Steel Ingots’s highest export potential is India. With an export gap of $946k.   Steel Ingots’s highest import potential is Italy with an import gap of $1.66M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with