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Exports In 2022, Romania exported $73.5k in Balances, making it the 53rd largest exporter of Balances in the world. At the same year, Balances was the 1072nd most exported product in Romania. The main destination of Balances exports from Romania are: Serbia ($35.3k), Germany ($16.4k), Denmark ($4.61k), United States ($4.34k), and Hungary ($3.79k).

The fastest growing export markets for Balances of Romania between 2021 and 2022 were Germany ($12.4k), Serbia ($7.13k), and Denmark ($4.61k).

Imports In 2022, Romania imported $1.51M in Balances, becoming the 42nd largest importer of Balances in the world. At the same year, Balances was the 1008th most imported product in Romania. Romania imports Balances primarily from: Germany ($685k), Netherlands ($427k), Poland ($210k), France ($53.2k), and Austria ($28k).

The fastest growing import markets in Balances for Romania between 2021 and 2022 were Germany ($203k), Denmark ($18.8k), and Italy ($6.69k).

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 Balances. 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)$73.5k
IMPORTS (2022)$1.51M
NET TRADE (2022)-$1.44M

In 2022, Romania exported $73.5k in Balances. The main destinations of Romania exports on Balances were Serbia ($35.3k), Germany ($16.4k), Denmark ($4.61k), United States ($4.34k), and Hungary ($3.79k).

In 2022, Romania imported $1.51M in Balances, mainly from Germany ($685k), Netherlands ($427k), Poland ($210k), France ($53.2k), and Austria ($28k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Balances EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Germany$12.4k (311%)
Serbia$7.13k (25.3%)
Denmark$4.61k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Balances BY Romania WERE (2021 - 2022):
Italy-$10.3k (-100%)
Uzbekistan-$879 (-100%)
Greece-$844 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Balances were:
In 2022, Romania's main importing competitors in Balances were:

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Trade Value of Balances by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $9.95k
TOP IMPORT POTENTIALChina+ $37.6k

Balances’s highest export potential is Germany. With an export gap of $9.95k.   Balances’s highest import potential is China with an import gap of $37.6k.

See methodology.

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