2022
Exports
$88.9kWorld Rnk 77 / 131
Flag Rnk 1060 / 1204
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt
-0.98Rnk 835 / 1025
2022
Imports
$9.8MWorld Rnk 18 / 189
Flag Rnk 724 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $88.9k in Bitumen and asphalt, making it the 77th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 1060th most exported product in Romania. The main destination of Bitumen and asphalt exports from Romania are: Germany ($34.2k), Netherlands ($32.1k), United Kingdom ($6.84k), Canada ($6.6k), and Serbia ($4.7k).

The fastest growing export markets for Bitumen and asphalt of Romania between 2021 and 2022 were Germany ($34.2k), Netherlands ($32k), and United Kingdom ($6.84k).

Imports In 2022, Romania imported $9.8M in Bitumen and asphalt, becoming the 18th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 724th most imported product in Romania. Romania imports Bitumen and asphalt primarily from: Bulgaria ($7.13M), Austria ($2.09M), Cyprus ($232k), Greece ($141k), and Poland ($72.6k).

The fastest growing import markets in Bitumen and asphalt for Romania between 2021 and 2022 were Bulgaria ($3.31M), Austria ($282k), and India ($55.4k).

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 Bitumen and asphalt. 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)$88.9k
IMPORTS (2022)$9.8M
NET TRADE (2022)-$9.71M

In 2022, Romania exported $88.9k in Bitumen and asphalt. The main destinations of Romania exports on Bitumen and asphalt were Germany ($34.2k), Netherlands ($32.1k), United Kingdom ($6.84k), Canada ($6.6k), and Serbia ($4.7k).

In 2022, Romania imported $9.8M in Bitumen and asphalt, mainly from Bulgaria ($7.13M), Austria ($2.09M), Cyprus ($232k), Greece ($141k), and Poland ($72.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Germany$34.2k (1%)
Netherlands$32k (38.1k%)
United Kingdom$6.84k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Romania WERE (2021 - 2022):
Bulgaria-$17.7k (-100%)
Ukraine-$17.5k (-100%)
Algeria-$15.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Bitumen and asphalt were:
In 2022, Romania's main importing competitors in Bitumen and asphalt were:
Egypt $206M
Canada $78.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALCanada+ $7.71k
TOP IMPORT POTENTIALGreece+ $75.7k

Bitumen and asphalt’s highest export potential is Canada. With an export gap of $7.71k.   Bitumen and asphalt’s highest import potential is Greece with an import gap of $75.7k.

See methodology.

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