2023
Exports
$1.68BWorld Rnk 6 / 158
Flag Rnk 10 / 1203
2023
PRODUCT COMPLEXITY IN Corn
-1.03Rnk 838 / 1025
2023
Imports
$938MWorld Rnk 16 / 216
Flag Rnk 22 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $1.68B in Corn, making it the 6th largest exporter of Corn in the world. At the same year, Corn was the 10th most exported product in Romania. The main destination of Corn exports from Romania are: South Korea ($367M), Iran ($188M), Netherlands ($179M), Spain ($143M), and Italy ($126M).

The fastest growing export markets for Corn of Romania between 2022 and 2023 were South Korea ($244M), Iran ($79.3M), and Netherlands ($57.8M).

Imports In 2023, Romania imported $938M in Corn, becoming the 16th largest importer of Corn in the world. At the same year, Corn was the 22nd most imported product in Romania. Romania imports Corn primarily from: Ukraine ($574M), Serbia ($98M), Moldova ($80.9M), France ($61.4M), and Hungary ($53.2M).

The fastest growing import markets in Corn for Romania between 2022 and 2023 were Serbia ($69.7M), Poland ($5.04M), and Italy ($4.86M).

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 Corn. 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)$1.68B
IMPORTS (2023)$938M
NET TRADE (2023)$747M

In 2023, Romania exported $1.68B in Corn. The main destinations of Romania exports on Corn were South Korea ($367M), Iran ($188M), Netherlands ($179M), Spain ($143M), and Italy ($126M).

In 2023, Romania imported $938M in Corn, mainly from Ukraine ($574M), Serbia ($98M), Moldova ($80.9M), France ($61.4M), and Hungary ($53.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Romania WERE (2022 - 2023):
South Korea$244M (199%)
Iran$79.3M (73.2%)
Netherlands$57.8M (47.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Romania WERE (2022 - 2023):
Spain-$139M (-49.2%)
Turkey-$58M (-64.2%)
Italy-$48.1M (-27.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Romania's main exporting competitors in Corn were:
In 2023, Romania's main importing competitors in Corn were:
China $7.56B
Japan $4.52B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $22.6M
TOP IMPORT POTENTIALUkraine+ $54.3M

Corn’s highest export potential is Turkey. With an export gap of $22.6M.   Corn’s highest import potential is Ukraine with an import gap of $54.3M.

See methodology.

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