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Exports In 2023, Romania exported $15.2M in Fat and Oil Residues, making it the 6th largest exporter of Fat and Oil Residues in the world. At the same year, Fat and Oil Residues was the 414th most exported product in Romania. The main destination of Fat and Oil Residues exports from Romania are: Hungary ($6.54M), Belgium ($4.5M), Austria ($2.28M), Bulgaria ($956k), and Slovakia ($824k).

The fastest growing export markets for Fat and Oil Residues of Romania between 2022 and 2023 were Belgium ($4.5M) and Moldova ($294).

Imports In 2023, Romania imported $1.24M in Fat and Oil Residues, becoming the 25th largest importer of Fat and Oil Residues in the world. At the same year, Fat and Oil Residues was the 1019th most imported product in Romania. Romania imports Fat and Oil Residues primarily from: Bulgaria ($1.12M), Hungary ($109k), Portugal ($5.42k), Poland ($2.79k), and Spain ($1.83k).

The fastest growing import markets in Fat and Oil Residues for Romania between 2022 and 2023 were Bulgaria ($55.6k), Portugal ($4.69k), and Hungary ($4.15k).

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 Fat and Oil Residues. 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)$15.2M
IMPORTS (2023)$1.24M
NET TRADE (2023)$13.9M

In 2023, Romania exported $15.2M in Fat and Oil Residues. The main destinations of Romania exports on Fat and Oil Residues were Hungary ($6.54M), Belgium ($4.5M), Austria ($2.28M), Bulgaria ($956k), and Slovakia ($824k).

In 2023, Romania imported $1.24M in Fat and Oil Residues, mainly from Bulgaria ($1.12M), Hungary ($109k), Portugal ($5.42k), Poland ($2.79k), and Spain ($1.83k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fat and Oil Residues EXPORT MARKETS FOR Romania WERE (2022 - 2023):
Belgium$4.5M (26.5M%)
Moldova$294 (3.65%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fat and Oil Residues BY Romania WERE (2022 - 2023):
Hungary-$7.06M (-51.9%)
Bulgaria-$1.82M (-65.5%)
Italy-$1.62M (-97.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Romania's main exporting competitors in Fat and Oil Residues were:
In 2023, Romania's main importing competitors in Fat and Oil Residues were:

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Trade Value of Fat and Oil Residues by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALItaly+ $330k
TOP IMPORT POTENTIALGermany+ $17.7k

Fat and Oil Residues’s highest export potential is Italy. With an export gap of $330k.   Fat and Oil Residues’s highest import potential is Germany with an import gap of $17.7k.

See methodology.

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