2022
Exports
$3.08BWorld Rnk 25 / 226
Flag Rnk 9 / 96
2022
PRODUCT COMPLEXITY IN Iron or steel articles
1.68Rnk 27 / 1025
2022
Imports
$3.63BWorld Rnk 35 / 225
Flag Rnk 8 / 96
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $3.08B in Iron or steel articles, making it the 25th largest exporter of Iron or steel articles in the world. At the same year, Iron or steel articles was the 9th most exported product in Romania. The main destination of Iron or steel articles exports from Romania are: Germany ($548M), Italy ($392M), United States ($260M), Hungary ($239M), and France ($159M).

The fastest growing export markets for Iron or steel articles of Romania between 2021 and 2022 were United States ($139M), Germany ($70.7M), and Italy ($50.6M).

Imports In 2022, Romania imported $3.63B in Iron or steel articles, becoming the 35th largest importer of Iron or steel articles in the world. At the same year, Iron or steel articles was the 8th most imported product in Romania. Romania imports Iron or steel articles primarily from: Germany ($693M), Turkey ($594M), Italy ($525M), China ($247M), and Poland ($223M).

The fastest growing import markets in Iron or steel articles for Romania between 2021 and 2022 were Turkey ($62.6M), Italy ($46.7M), and China ($26.2M).

COMPANIES In 2023, leading companies such as JOHN DEERE COMMERCIAL PRODUCTS (33), SIGMA CORPORATION (20), and TEAM HARDINGER (16) were at the forefront of shipping Iron or steel articles from Romania to the United States.

Latest Trends

Mar 2024

Subnational Monthly Trade

View
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 Iron or steel articles. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$3.08B
IMPORTS (2022)$3.63B
NET TRADE (2022)-$552M

In 2022, Romania exported $3.08B in Iron or steel articles. The main destinations of Romania exports on Iron or steel articles were Germany ($548M), Italy ($392M), United States ($260M), Hungary ($239M), and France ($159M).

In 2022, Romania imported $3.63B in Iron or steel articles, mainly from Germany ($693M), Turkey ($594M), Italy ($525M), China ($247M), and Poland ($223M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron or steel articles EXPORT MARKETS FOR Romania WERE (2021 - 2022):
United States$139M (115%)
Germany$70.7M (14.8%)
Italy$50.6M (14.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron or steel articles BY Romania WERE (2021 - 2022):
Saudi Arabia-$35.4M (-67.2%)
Egypt-$16.5M (-60.2%)
Russia-$12.7M (-52.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Romania's main exporting competitors in Iron or steel articles were:
China $109B
Germany $33.5B
Italy $22.2B
In 2022, Romania's main importing competitors in Iron or steel articles were:

Explore Visualizations

Trade Value of Iron or steel articles by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with