2023
Exports
$5.43BWorld Rnk 10 / 195
Flag Rnk 4 / 96
2023
PRODUCT COMPLEXITY IN Cereals
-0.28Rnk 640 / 1025
2023
Imports
$1.81BWorld Rnk 28 / 224
Flag Rnk 14 / 96
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $5.43B in Cereals, making it the 10th largest exporter of Cereals in the world. At the same year, Cereals was the 4th most exported product in Romania. The main destination of Cereals exports from Romania are: Egypt ($813M), Saudi Arabia ($664M), South Korea ($411M), Spain ($404M), and Algeria ($360M).

The fastest growing export markets for Cereals of Romania between 2022 and 2023 were Saudi Arabia ($605M), South Korea ($277M), and Sri Lanka ($141M).

Imports In 2023, Romania imported $1.81B in Cereals, becoming the 28th largest importer of Cereals in the world. At the same year, Cereals was the 14th most imported product in Romania. Romania imports Cereals primarily from: Ukraine ($1.02B), Moldova ($247M), Hungary ($153M), Serbia ($144M), and Bulgaria ($93.9M).

The fastest growing import markets in Cereals for Romania between 2022 and 2023 were Serbia ($101M), Moldova ($62.4M), and Hungary ($24M).

COMPANIES In 2024, leading companies such as Arhaus (3) were at the forefront of shipping Cereals from Romania to the United States.

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 Cereals. 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)$5.43B
IMPORTS (2023)$1.81B
NET TRADE (2023)$3.62B

In 2023, Romania exported $5.43B in Cereals. The main destinations of Romania exports on Cereals were Egypt ($813M), Saudi Arabia ($664M), South Korea ($411M), Spain ($404M), and Algeria ($360M).

In 2023, Romania imported $1.81B in Cereals, mainly from Ukraine ($1.02B), Moldova ($247M), Hungary ($153M), Serbia ($144M), and Bulgaria ($93.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cereals EXPORT MARKETS FOR Romania WERE (2022 - 2023):
Saudi Arabia$605M (1.03k%)
South Korea$277M (207%)
Sri Lanka$141M (845%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereals BY Romania WERE (2022 - 2023):
Jordan-$620M (-66.4%)
Egypt-$232M (-22.2%)
Pakistan-$180M (-66.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Romania's main exporting competitors in Cereals were:
In 2023, Romania's main importing competitors in Cereals were:
Japan $7.63B
Mexico $7.39B

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Trade Value of Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $56.6M
TOP IMPORT POTENTIALUkraine+ $84.8M

Cereals’s highest export potential is Italy. With an export gap of $56.6M.   Cereals’s highest import potential is Ukraine with an import gap of $84.8M.

See methodology.

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