2023
Exports
$300MWorld Rnk 31 / 208
Flag Rnk 69 / 1203
2023
PRODUCT COMPLEXITY IN Baked Goods
-0.25Rnk 632 / 1025
2023
Imports
$701MWorld Rnk 18 / 226
Flag Rnk 32 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $300M in Baked Goods, making it the 31st largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 69th most exported product in Romania. The main destination of Baked Goods exports from Romania are: Bulgaria ($40.3M), United Kingdom ($26.4M), Poland ($26.3M), Germany ($21.3M), and Greece ($18.8M).

The fastest growing export markets for Baked Goods of Romania between 2022 and 2023 were Hungary ($6.69M), Bulgaria ($5.96M), and Czechia ($5.62M).

Imports In 2023, Romania imported $701M in Baked Goods, becoming the 18th largest importer of Baked Goods in the world. At the same year, Baked Goods was the 32nd most imported product in Romania. Romania imports Baked Goods primarily from: Poland ($139M), Germany ($126M), Italy ($83.7M), Bulgaria ($42.6M), and Ukraine ($38.1M).

The fastest growing import markets in Baked Goods for Romania between 2022 and 2023 were Poland ($23M), Italy ($18.3M), and Germany ($15.1M).

Latest Trends

Dec 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 Baked Goods. 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 (2023)$300M
IMPORTS (2023)$701M
NET TRADE (2023)-$401M

In 2023, Romania exported $300M in Baked Goods. The main destinations of Romania exports on Baked Goods were Bulgaria ($40.3M), United Kingdom ($26.4M), Poland ($26.3M), Germany ($21.3M), and Greece ($18.8M).

In 2023, Romania imported $701M in Baked Goods, mainly from Poland ($139M), Germany ($126M), Italy ($83.7M), Bulgaria ($42.6M), and Ukraine ($38.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Baked Goods EXPORT MARKETS FOR Romania WERE (2022 - 2023):
Hungary$6.69M (69.7%)
Bulgaria$5.96M (17.4%)
Czechia$5.62M (62.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Baked Goods BY Romania WERE (2022 - 2023):
South Africa-$1.76M (-34.5%)
Palestine-$1.45M (-80.1%)
Netherlands-$1.36M (-17.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Romania's main exporting competitors in Baked Goods were:
Germany $5.89B
Canada $5.28B
Italy $4.02B
In 2023, Romania's main importing competitors in Baked Goods were:

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Trade Value of Baked Goods by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $12.4M
TOP IMPORT POTENTIALTurkey+ $13M

Baked Goods’s highest export potential is Germany. With an export gap of $12.4M.   Baked Goods’s highest import potential is Turkey with an import gap of $13M.

See methodology.

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