2023
Exports
$24.3kWorld Rnk 50 / 78
Flag Rnk 1118 / 1203
2023
PRODUCT COMPLEXITY IN Hot-Rolled Stainless Steel Bars
1.66Rnk 26 / 1025
2023
Imports
$5.44MWorld Rnk 28 / 152
Flag Rnk 837 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $24.3k in Hot-Rolled Stainless Steel Bars, making it the 50th largest exporter of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 1118th most exported product in Romania. The main destination of Hot-Rolled Stainless Steel Bars exports from Romania are: Hungary ($24k), Netherlands ($324), and Italy ($12).

The fastest growing export markets for Hot-Rolled Stainless Steel Bars of Romania between 2022 and 2023 were Hungary ($18.4k).

Imports In 2023, Romania imported $5.44M in Hot-Rolled Stainless Steel Bars, becoming the 28th largest importer of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 837th most imported product in Romania. Romania imports Hot-Rolled Stainless Steel Bars primarily from: Italy ($2.14M), Germany ($2M), United States ($670k), India ($289k), and Sweden ($211k).

The fastest growing import markets in Hot-Rolled Stainless Steel Bars for Romania between 2022 and 2023 were United States ($670k), Italy ($426k), and Germany ($351k).

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 Hot-Rolled Stainless Steel Bars. 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)$24.3k
IMPORTS (2023)$5.44M
NET TRADE (2023)-$5.42M

In 2023, Romania exported $24.3k in Hot-Rolled Stainless Steel Bars. The main destinations of Romania exports on Hot-Rolled Stainless Steel Bars were Hungary ($24k), Netherlands ($324), and Italy ($12).

In 2023, Romania imported $5.44M in Hot-Rolled Stainless Steel Bars, mainly from Italy ($2.14M), Germany ($2M), United States ($670k), India ($289k), and Sweden ($211k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Stainless Steel Bars EXPORT MARKETS FOR Romania WERE (2022 - 2023):Hungary$18.4k (325%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Stainless Steel Bars BY Romania WERE (2022 - 2023):
Italy-$4.15k (-99.7%)
Poland-$1.23k (-100%)
Netherlands-$399 (-55.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Romania's main exporting competitors in Hot-Rolled Stainless Steel Bars were:
In 2023, Romania's main importing competitors in Hot-Rolled Stainless Steel Bars were:

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Trade Value of Hot-Rolled Stainless Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $7.69k
TOP IMPORT POTENTIALItaly+ $210k

Hot-Rolled Stainless Steel Bars’s highest export potential is Italy. With an export gap of $7.69k.   Hot-Rolled Stainless Steel Bars’s highest import potential is Italy with an import gap of $210k.

See methodology.

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