2022
Exports
$2.96MWorld Rnk 31 / 109
Flag Rnk 691 / 1204
2022
PRODUCT COMPLEXITY IN Wool
-2.11Rnk 1004 / 1025
2022
Imports
$3.5MWorld Rnk 30 / 137
Flag Rnk 890 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $2.96M in Wool, making it the 31st largest exporter of Wool in the world. At the same year, Wool was the 691st most exported product in Romania. The main destination of Wool exports from Romania are: Turkey ($1.36M), India ($1.02M), Spain ($157k), Germany ($140k), and United Kingdom ($113k).

The fastest growing export markets for Wool of Romania between 2021 and 2022 were India ($579k), Germany ($111k), and Moldova ($31.7k).

Imports In 2022, Romania imported $3.5M in Wool, becoming the 30th largest importer of Wool in the world. At the same year, Wool was the 890th most imported product in Romania. Romania imports Wool primarily from: United Kingdom ($2M), Germany ($921k), Czechia ($169k), France ($114k), and Italy ($113k).

The fastest growing import markets in Wool for Romania between 2021 and 2022 were United Kingdom ($629k), Germany ($321k), and France ($61.9k).

Latest Trends

Jul 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 Wool. 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)$2.96M
IMPORTS (2022)$3.5M
NET TRADE (2022)-$535k

In 2022, Romania exported $2.96M in Wool. The main destinations of Romania exports on Wool were Turkey ($1.36M), India ($1.02M), Spain ($157k), Germany ($140k), and United Kingdom ($113k).

In 2022, Romania imported $3.5M in Wool, mainly from United Kingdom ($2M), Germany ($921k), Czechia ($169k), France ($114k), and Italy ($113k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR Romania WERE (2021 - 2022):
India$579k (131%)
Germany$111k (375%)
Moldova$31.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY Romania WERE (2021 - 2022):
Turkey-$1.43M (-51.2%)
Spain-$101k (-39.1%)
Hungary-$80.5k (-97.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Wool were:
In 2022, Romania's main importing competitors in Wool were:
China $2.16B
Italy $223M
India $205M

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Trade Value of Wool by Exporters

Potential Exports

Potential Exports

Flow
View
N/AN/AN/A
TOP IMPORT POTENTIALNew Zealand+ $57.5k

Wool’s highest export potential is N/A. With an export gap of N/A.   Wool’s highest import potential is New Zealand with an import gap of $57.5k.

See methodology.

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