2022
Exports
$108MWorld Rnk 26 / 120
Flag Rnk 157 / 1204
2022
PRODUCT COMPLEXITY IN Flat Flat-Rolled Steel
1.38Rnk 72 / 1025
2022
Imports
$341MWorld Rnk 28 / 201
Flag Rnk 84 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $108M in Flat Flat-Rolled Steel, making it the 26th largest exporter of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 157th most exported product in Romania. The main destination of Flat Flat-Rolled Steel exports from Romania are: Turkey ($26.1M), Czechia ($12.1M), Hungary ($10.3M), Austria ($9.62M), and Poland ($8.73M).

The fastest growing export markets for Flat Flat-Rolled Steel of Romania between 2021 and 2022 were France ($5.14M), Hungary ($4.37M), and Finland ($3.33M).

Imports In 2022, Romania imported $341M in Flat Flat-Rolled Steel, becoming the 28th largest importer of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 84th most imported product in Romania. Romania imports Flat Flat-Rolled Steel primarily from: Turkey ($125M), Slovakia ($72.7M), Austria ($40.4M), Germany ($32.5M), and Slovenia ($15.1M).

The fastest growing import markets in Flat Flat-Rolled Steel for Romania between 2021 and 2022 were Slovakia ($18.8M), Turkey ($17.7M), and Austria ($11.7M).

Latest Trends

Oct 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 Flat Flat-Rolled Steel. 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)$108M
IMPORTS (2022)$341M
NET TRADE (2022)-$233M

In 2022, Romania exported $108M in Flat Flat-Rolled Steel. The main destinations of Romania exports on Flat Flat-Rolled Steel were Turkey ($26.1M), Czechia ($12.1M), Hungary ($10.3M), Austria ($9.62M), and Poland ($8.73M).

In 2022, Romania imported $341M in Flat Flat-Rolled Steel, mainly from Turkey ($125M), Slovakia ($72.7M), Austria ($40.4M), Germany ($32.5M), and Slovenia ($15.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flat Flat-Rolled Steel EXPORT MARKETS FOR Romania WERE (2021 - 2022):
France$5.14M (494%)
Hungary$4.37M (73.6%)
Finland$3.33M (569%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat Flat-Rolled Steel BY Romania WERE (2021 - 2022):
Slovakia-$4.85M (-63.4%)
Turkey-$3.82M (-12.8%)
Bulgaria-$1.42M (-37.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Flat Flat-Rolled Steel were:
Japan $6.3B
China $5.89B
Germany $3.91B
In 2022, Romania's main importing competitors in Flat Flat-Rolled Steel were:
Mexico $2.75B
Germany $2.58B
Italy $2.38B

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Trade Value of Flat Flat-Rolled Steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $7.82M
TOP IMPORT POTENTIALGermany+ $10.9M

Flat Flat-Rolled Steel’s highest export potential is Turkey. With an export gap of $7.82M.   Flat Flat-Rolled Steel’s highest import potential is Germany with an import gap of $10.9M.

See methodology.

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